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Middlesex 01821
12 Garnet Rd
$520,000
● House - Off Market

12 Garnet Rd

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,760 Ft²
$513,668
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Welcome home to one story living! Great for those starting out or looking to downsize.  This charming home features an updated eat-in kitchen opening to the cozy living room with hardwood flooring, brick fireplace, and updated bay window.  Three spacious bedrooms all with hardwood flooring.  Keep cool all summer with central AC!  Recent updates include combo boiler heat and on demand hot water.  Entertain in the large family room that walks out to the wooded yard with plenty of privacy.  Basement also features separate utility, laundry and storage room.  All of this on a cul-de-sac near the Wilmington line!
Unit Size
1,760 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$293
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #73121795)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
Jun 13, 2023 In contract -
In contract
Jun 7, 2023 Listed by Fitzgerald & Associates $515,000
Listed by Fitzgerald & Associates
Oct 23, 2014 Sold
Premium
Sold
Sep 9, 2014 Listed by Fitzgerald & Associates $289,900
Listed by Fitzgerald & Associates

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,024
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,700
  • Total Building Area: 1,760
  • Gross Building Area: 2,276
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000429
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316101

Zoning

  • Zoning: 4

Geography

  • District: 31
  • Parcel: BILL M:0045 B:0176 L:0
  • Block: 176
  • Municipality: BILLERICA
  • Latitude: 42.57
  • Longitude: -71.2167

    Address

  • Full Address: 12 Garnet Rd
  • Address - House Number: 12
  • Address - Street Name: Garnet
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: R002
  • 4-Digit Zip Code: 2108
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $567,500

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 587,399
  • High Value: 695,146
  • Low Value: 479,652

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,700
  • Assessed Land Value: $290,400
  • Assessed Improvements Value: $212,300

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20330
  • Previous Sale Recording Date: Oct 23, 2014
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 30 Four Seasons Drive, Hampstead, 01841

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,820 ft²
30 Four Seasons Drive #30, Hampstead, 01841

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73121795

Frequently Asked Questions

When was property at 12 Garnet Road built and last sold?
The property at 12 Garnet Road was built in 1964 and last sold on Jul 14, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 12 Garnet Road is $525,482.
What are some comparable homes to 12 Garnet Road?
There are currently no comparable homes to 12 Garnet Road.
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