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Pinehurst 01821
12 Putnam Rd
$577,000
● House - Off Market

12 Putnam Rd

Billerica, MA 01821
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$620,333
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Welcome Home to this warm and inviting Ranch style home set on a lovely lot near the Burlington line. This recently updated home offers a light and bright floor plan, a gorgeous new kitchen with center island, granite counters, stainless steel appliances and gleaming hardwood floors which flow throughout. Additional features include a new bath with ceramic tile, 2 bedrooms, 1 car garage and an unfinished lower level with many possibilities, bring your ideas. Some more updates include windows, vinyl siding, electrical and heating. Step out the glass doors in the dining room to the covered porch and then step down to the oversized patio, both are great for all your outdoor entertaining and overlook the wonderful backyard.  Just move in and be home for the holidays!
Unit Size
864 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$636
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #72903255)

Price History

Date / Event Date Event Price
Nov 18, 2021 Sold
Premium
Sold
Oct 1, 2021 Listed by Coldwell Banker Realty $549,900
Listed by Coldwell Banker Realty
Nov 20, 2020 Sold
Premium
Sold
Jul 18, 2005 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 9
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,698
  • Total Building Area: 1,642
  • Gross Building Area: 3,150
  • Building Area: 1,642
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,642
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000406
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316201

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0090 B:0076 L:0
  • Block: 76
  • Municipality: BILLERICA
  • Latitude: 42.5329
  • Longitude: -71.2382

    Address

  • Full Address: 12 Putnam Rd
  • Address - House Number: 12
  • Address - Street Name: Putnam
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: C012
  • 4-Digit Zip Code: 5603
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,500

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 627,069
  • High Value: 736,798
  • Low Value: 517,340

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $552,300
  • Assessed Land Value: $284,000
  • Assessed Improvements Value: $268,300

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 314038
  • Previous Sale Recording Date: Nov 20, 2020
  • Previous Sale Contract Date: Nov 16, 2020
  • Previous Sale Amount: $342,000
  • 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 Pinehurst

Stats & Trends

Median Asking:

$719,950

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1788 ft²

Average Home Age

41.8 years

Currently For Sale

12 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

Rentals Near You

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72903255

Frequently Asked Questions

When was property at 12 Putnam Road built and last sold?
The property at 12 Putnam Road was built in 1955 and last sold on Nov 16, 2021 for $577,000.
How much is this home worth?
The estimated value of the home located at 12 Putnam Road is $0.
What are some comparable homes to 12 Putnam Road?
There are currently no comparable homes to 12 Putnam Road.
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