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Middlesex
LOT 16 Cobblestone Way
$615,000
● House - Off Market

LOT 16 Cobblestone Way

North Billerica, MA 01862
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,100 Ft²
$1,301,300
RealtyHop Estimate
106.59%
Since Aug 1, 2003
MA-Boston
Primary Model

About This Property

AWESOME NEW COLONIAL UNDER CONSTRUCTIONS, PICK COLORS TODAY INCLUDES FARMERS PORCH, HARDWOOD IN DINING & LIVING ROOMS, CUSTOM KITCHEN/FULL WALK UP ATTIC!GREAT SITE ABUTS TOWN LAND WALK OUT BASEMENT, FABULOUS LOT! GAS UTILITIES!! A MUST SEE
Unit Size
3,100 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000

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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 years ago (MLSPIN #30723649)

Price History

Date / Event Date Event Price
Nov 2, 2004 Sold
Premium
Sold
Jul 31, 2003 Sold
Premium
Sold
May 19, 2003 Listed by The Higgins Group REALTORS® $629,900
Listed by The Higgins Group REALTORS®
Mar 30, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,140
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,066
  • Total Building Area: 3,304
  • Gross Building Area: 6,286
  • Building Area: 3,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000759
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316400

Zoning

  • Zoning: 1

Geography

  • District: 31
  • Parcel: BILL M:0076 B:0105 L:17
  • Block: 105
  • Lot: 17
  • Municipality: BILLERICA
  • Latitude: 42.5444
  • Longitude: -71.2977

    Address

  • Full Address: 16 Cobblestone Way
  • Address - House Number: 16
  • Address - Street Name: Cobblestone
  • Address - Suffix Type: Way
  • State: MA
  • City Name: North Billerica
  • Carrier Code: R011
  • 4-Digit Zip Code: 2915
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,051,100

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,085,326
  • High Value: 1,327,845
  • Low Value: 842,807

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $931,000
  • Assessed Land Value: $349,000
  • Assessed Improvements Value: $582,000

    Sales

  • Current Sale Recording Date: Nov 02, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 00228324
  • Previous Sale Recording Date: Mar 30, 2001
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: 48
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

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.2 years

Currently For Sale

3105 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 years ago
Data Source: MLS PIN, MLS# 30723649

Frequently Asked Questions

When was property at 16 Cobblestone Way built and last sold?
The property at 16 Cobblestone Way was built in 2000 and last sold on Jan 1, 1970 for $590,000.
How much is this home worth?
The estimated value of the home located at 16 Cobblestone Way is $672,842.
What are some comparable homes to 16 Cobblestone Way?
There are currently no comparable homes to 16 Cobblestone Way.
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