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Middlesex
14 Pace Rd
$580,000
● House - Off Market

14 Pace Rd

Tewksbury, MA 01876
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,924 Ft²
$3,237
Est. Monthly

About This Property

Welcome to this inviting 3-bedroom, 1-bathroom ranch-style home that seamlessly combines comfort, style, and practicality. Nestled in a desirable neighborhood. The eat-in kitchen is a chef's delight with plenty of storage.  The sun filled living room and all three bedrooms have hardwood floors.  The bathroom has been tastefully updated.  There is a lower level family room, bonus/gym room and a large utility room with plenty of storage.  This home also features a three season porch.  House will be connected to town sewer prior to closing.  Centrally located near shopping, restaurants and the highway.
Unit Size
1,924 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$286
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73187028)

Price History

Date / Event Date Event Price
Jan 25, 2024 Sold
Premium
Sold
Dec 19, 2023 In contract -
In contract
Dec 13, 2023 Listed by RE/MAX Encore $549,900
Listed by RE/MAX Encore
Mar 17, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,040
  • Gross Building Area: 2,284
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    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: Tewksbury School District
  • School Tax School District: TEWKSBURY SD
  • Census Tract: 315403

Zoning

  • Zoning: RG

Geography

  • Parcel: TEWK M:0097 L:0021 U:0000
  • Lot: 21
  • Municipality: TEWKSBURY
  • Latitude: 42.5875
  • Longitude: -71.1928

    Address

  • Full Address: 14 Pace Rd
  • Address - House Number: 14
  • Address - Street Name: Pace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: C005
  • 4-Digit Zip Code: 2458
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $654,000

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 566,008
  • High Value: 609,813
  • Low Value: 522,204

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,400
  • Assessed Land Value: $256,700
  • Assessed Improvements Value: $231,700

    Sales

  • Current Sale Contract Date: Jan 25, 2024
  • Current Sale Recording Date: Jan 25, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1992
  • Previous Sale Recording Date: Mar 17, 1994
  • Previous Sale Amount: $139,500
  • Previous Sale Document Type: 27
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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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: 4 months ago
Data Source: MLS PIN, MLS# 73187028

Frequently Asked Questions

When was property at 14 Pace Road built and last sold?
The property at 14 Pace Road was built in 1960 and last sold on Jan 25, 2024 for $580,000.
How much is this home worth?
The estimated value of the home located at 14 Pace Road is $575,414.
What are some comparable homes to 14 Pace Road?
There are currently no comparable homes to 14 Pace Road.
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