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Middlesex 01450
121 Hill Rd
$540,000
● House - Off Market

121 Hill Rd

Groton, MA 01450
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,374 Ft²
$777,311
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Charming 4 bedroom home with farmer porch in a beautiful setting on a 5 acre lavishly landscaped lot w/ 2 Acres that are cleared. Large living room with bay window is open to spacious dining room and leads over into a beautifully remodeled eat in kitchen which is open to cathedral ceiling fire placed family room. Master features updated bathroom. Other three bedrooms share a main bath which has also been updated. Hardwood floors throughout first floor except for kitchen and family room. Second floor also offers hardwood floors as well. Finished lower level features 400 + sq ft of additional living space. List of extensive updates available upon request, some of which include: Newer roof, heating system, new garage doors, patio, new carpet family and basement.
Unit Size
2,374 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$232
Property Type
House
Property Taxes
$639
HOA Dues
-
Year Built
1979

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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: 4 months ago (MLSPIN #72636762)

Price History

Date / Event Date Event Price
May 15, 2020 Sold
Premium
Sold
Mar 21, 2020 Listed by Compass $550,000
Listed by Compass
Mar 4, 2016 Sold
Premium
Sold
Oct 7, 2015 Listed by Compass $418,000
Listed by Compass
Jun 26, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,096
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,650
  • Total Building Area: 1,960
  • Gross Building Area: 3,914
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J & C HOMES INC
  • Land Acres: 0000004997
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton-Dunstable School District
  • School Tax School District: GROTN-DUNSTBLE
  • Census Tract: 326101

Zoning

  • Zoning: RA

Geography

  • Account Number: 2806
  • Parcel: GROT M:211 B:66 L:
  • Block: 66
  • Municipality: GROTON
  • Latitude: 42.6071
  • Longitude: -71.6088

    Address

  • Full Address: 121 Hill Rd
  • Address - House Number: 121
  • Address - Street Name: Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Groton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1609
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $920,600

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 722,868
  • High Value: 835,034
  • Low Value: 610,702

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,600
  • Assessed Land Value: $259,200
  • Assessed Improvements Value: $329,400

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73364
  • Previous Sale Recording Date: Mar 04, 2016
  • Previous Sale Amount: $410,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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: 4 months ago
Data Source: MLS PIN, MLS# 72636762

Frequently Asked Questions

When was property at 121 Hill Road built and last sold?
The property at 121 Hill Road was built in 1979 and last sold on May 14, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 121 Hill Road is $578,860.
What are some comparable homes to 121 Hill Road?
There are currently no comparable homes to 121 Hill Road.
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