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Middlesex
153 Tower Rd
$975,000
● House - Off Market

153 Tower Rd

Lincoln, MA 01773
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,286 Ft²
$1,814,909
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

This lovely Farmhouse Colonial sits on 1.3 acres abutting 100+ acres of conservation land.  This light and spacious residence has 10 rooms, including 4 bedrooms, 3.5 baths, and three-season room.  Features include: master suite with sitting area, custom built-ins, exterior balcony, and marble bath en suite; kitchen/breakfast room with pantry and access to three-season room and rear yard; first floor office; hardwood floors; fireplace with woodstove insert; updated systems and newer roof.  Ask about the secret room.  The yard features glorious gardens, stone walls, gazebo, chicken coop, and rolling lawn.
Unit Size
3,286 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$304
Property Type
House
Property Taxes
$1,238
HOA Dues
-
Year Built
1984

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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 #71672352)

Price History

Date / Event Date Event Price
Aug 4, 2014 Sold
Premium
Sold
Apr 30, 2014 Listed by Coldwell Banker Residential Brokerage - Lincoln $1,000,000
Listed by Coldwell Banker Residential Brokerage - Lincoln
Sep 20, 2000 Sold
Premium
Sold
Apr 26, 2000 Listed by Coldwell Banker Residential Brokerage - Lincoln $949,000
Listed by Coldwell Banker Residential Brokerage - Lincoln
Aug 26, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 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: 58,928
  • Total Building Area: 3,860
  • Gross Building Area: 5,940
  • Building Area: 3,860
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,860
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001353
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lincoln-Sudbury School District
  • School Tax School District: LINCOLN SD
  • Census Tract: 360300

Zoning

  • Zoning: R1

Geography

  • Parcel: LINC M:179 L:53 S:0
  • Lot: 53
  • Municipality: LINCOLN
  • Latitude: 42.4049
  • Longitude: -71.3147

    Address

  • Full Address: 153 Tower Rd
  • Address - House Number: 153
  • Address - Street Name: Tower
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lincoln
  • Carrier Code: R004
  • 4-Digit Zip Code: 4406
  • Zip Code: 01773

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,020,200

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,744,287
  • High Value: 2,053,885
  • Low Value: 1,434,690

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,567,300
  • Assessed Land Value: $695,200
  • Assessed Improvements Value: $872,100

    Sales

  • Current Sale Recording Date: Aug 04, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 114660
  • Previous Sale Recording Date: Sep 20, 2000
  • Previous Sale Amount: $965,390
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71672352

Frequently Asked Questions

When was property at 153 Tower Road built and last sold?
The property at 153 Tower Road was built in 1984 and last sold on Jan 1, 1970 for $975,000.
How much is this home worth?
The estimated value of the home located at 153 Tower Road is $1,031,798.
What are some comparable homes to 153 Tower Road?
There are currently no comparable homes to 153 Tower Road.
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