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Middlesex
12 Rangeway Road
$435,000
● House - Off Market

12 Rangeway Road

Billerica, MA 01862
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,295 Ft²
$494,111
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model

About This Property

PRICE ADJUSTMENT! Seller is also offering $5k CLOSING COST CREDIT for this Commuter's Dream location near RTEs. 3, 3A, 495, & MBTA Commuter Rail - ideal for anyone working in Burlington, Boston or points north. This 3-BR home exudes vintage charm and boasts a private yard w/ large shade trees, eat-in-Kitchen, LR, DR/Home Office & Den. Original hardwood floors, built-in storage, new roof. Enter from the driveway into a sun-filled Den off the spacious eat-in Kitchen. Formal LR & DR/Office at the front of the house, Bedroom & full Bath at the rear. Upstairs features two large front-to-back Bedrooms with plenty of storage. The mostly finished basement includes a vintage bar, laundry and excellent storage. Original owners have loved this charming Cape for 71 years. And now they invite you to make it yours!
Unit Size
1,295 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$336
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1951

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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 #72866646)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by Keller Williams Realty-Merrimack $435,000
Listed by Keller Williams Realty-Merrimack

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 911
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,751
  • Gross Building Area: 2,616
  • Building Area: 1,751
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,751
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316500

Zoning

  • Zoning: 1

Geography

  • District: 31
  • Parcel: BILL M:0014 B:0030 L:0
  • Block: 30
  • Municipality: BILLERICA
  • Latitude: 42.5858
  • Longitude: -71.2954

    Address

  • Full Address: 12 Rangeway Rd
  • Address - House Number: 12
  • Address - Street Name: Rangeway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Billerica
  • Carrier Code: C026
  • 4-Digit Zip Code: 1310
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,900

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 539,112
  • High Value: 639,917
  • Low Value: 438,308

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $436,600
  • Assessed Land Value: $237,000
  • Assessed Improvements Value: $199,600

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55438
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.4 years

Currently For Sale

3328 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72866646

Frequently Asked Questions

When was property at 12 Rangeway Road built and last sold?
The property at 12 Rangeway Road was built in 1951 and last sold on Sep 22, 2021 for $435,000.
How much is this home worth?
The estimated value of the home located at 12 Rangeway Road is $0.
What are some comparable homes to 12 Rangeway Road?
There are currently no comparable homes to 12 Rangeway Road.
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