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Middlesex 01469
157 Wallace Hill Road
$475,000
● House - Off Market

157 Wallace Hill Road

Townsend, MA 01469
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,439 Ft²
$718,688
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Picture Perfect! Custom built cape and barn on 5 acres! The house features hardwood floors, 3 fireplaces, open kitchen, great for entertaining and first floor master suite. Upstairs you will find a loft "library" and two bedrooms, one with a fireplace, and full bath. The barn has 2 stalls, heated tack room, loft, and a third stall adjacent to the barn. Three large grass pastures, outdoor wash stall and a regulation size dressage ring will delight the equestrian! All in move in condition! Farm next door with an indoor arena!
Unit Size
2,439 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$195
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1994

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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 #72324525)

Price History

Date / Event Date Event Price
Jul 16, 2018 Sold
Premium
Sold
May 10, 2018 Listed by Keller Williams Realty Boston Northwest $475,000
Listed by Keller Williams Realty Boston Northwest

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,504
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 2,439
  • Gross Building Area: 4,686
  • Building Area: 2,439
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,439
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301101

Zoning

  • Zoning: RB2

Geography

  • District: 299
  • Parcel: TOWN M:0035 B:0030 L:0005
  • Block: 30
  • Lot: 5
  • Municipality: TOWNSEND
  • Latitude: 42.6689
  • Longitude: -71.6716

    Address

  • Full Address: 157 Wallace Hill Rd
  • Address - House Number: 157
  • Address - Street Name: Wallace Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Townsend
  • Carrier Code: R005
  • 4-Digit Zip Code: 1158
  • Zip Code: 01469

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $828,300

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 667,855
  • High Value: 789,492
  • Low Value: 546,218

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $574,800
  • Assessed Land Value: $113,800
  • Assessed Improvements Value: $461,000

    Sales

  • Current Sale Recording Date: Jul 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 105247
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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 4 months ago
Data Source: MLS PIN, MLS# 72324525

Frequently Asked Questions

When was property at 157 Wallace Hill Road built and last sold?
The property at 157 Wallace Hill Road was built in 1994 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 157 Wallace Hill Road is $512,185.
What are some comparable homes to 157 Wallace Hill Road?
There are currently no comparable homes to 157 Wallace Hill Road.
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