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Middlesex 01821
16 Cartwright Lane
$530,000
● House - Off Market

16 Cartwright Lane

Billerica, MA 01821
bedrooms
6 Beds
bathrooms
3 Baths
square feet
3,176 Ft²
$1,092,109
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

LEXINGTON HILLS, Custom home, on a  cu de sac, sprawling lawn w/ flowering trees and mature plantings. Sun drenched home.Great home for entertaining inside and out. Large open eat in kitchen w/ center island and breakfast bar. Cabinet packed kitchen opens to large deck thru sliders. Fabulous separate living suite on main level with 2 bed rooms, and full bath. Open concept w/ large eat in kitchen.
Unit Size
3,176 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$170
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
1990

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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: 6 months ago (MLSPIN #71331626)

Price History

Date / Event Date Event Price
Jul 12, 2012 Sold
Premium
Sold
Jan 26, 2012 Listed by Woods Real Estate $539,863
Listed by Woods Real Estate
Nov 16, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,056
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,001
  • Total Building Area: 3,176
  • Gross Building Area: 5,796
  • Building Area: 3,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEXINGTON HILLS
  • Land Acres: 0000000918
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0070 B:0030 L:2-5
  • Block: 30
  • Lot: 2-5
  • Municipality: BILLERICA
  • Latitude: 42.5471
  • Longitude: -71.2579

    Address

  • Full Address: 16 Cartwright Ln
  • Address - House Number: 16
  • Address - Street Name: Cartwright
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Billerica
  • Carrier Code: R001
  • 4-Digit Zip Code: 3772
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,036,100

    Appraisal Valuation

  • Standard Deviation: 0.161
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,019,269
  • High Value: 1,183,448
  • Low Value: 855,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $917,700
  • Assessed Land Value: $335,600
  • Assessed Improvements Value: $582,100

    Sales

  • Current Sale Recording Date: Jul 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000003
  • Previous Sale Recording Date: Nov 16, 1990
  • Previous Sale Amount: $271,460
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2721 ft²

Average Home Age

64.8 years

Currently For Sale

3083 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: 6 months ago
Data Source: MLS PIN, MLS# 71331626

Frequently Asked Questions

When was property at 16 Cartwright Lane built and last sold?
The property at 16 Cartwright Lane was built in 1990 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 16 Cartwright Lane is $544,787.
What are some comparable homes to 16 Cartwright Lane?
There are currently no comparable homes to 16 Cartwright Lane.
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