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Middlesex 01450
16 Otter Lane
$283,000
● House - Off Market

16 Otter Lane

Groton, MA 01450
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,079,636
RealtyHop Estimate
272.42%
Since Jul 1, 1996
National-US
Primary Model

About This Property

PRISTINE DESCRIBES THIS 9RM4BDRM 2 1/2 COL. IN PRIME CUL-DE-SAC LOCATION ON ACRE + PROFESSIONALLY LANDSCAPED LOT. FABULOUS KTCH DESIGN, MAGNIFICIENT FMRM W/FLR TO CEILING FP. MBRM W/VAULTED CEILING,WALK-IN CLOSET & FBTH. QUALITY HOME!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$97
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1988

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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 years ago (MLSPIN #30066493)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Oct 29, 2020 Listed $609,900
Listed
Jun 28, 1996 Sold
Premium
Sold
Sep 1, 1995 Listed $289,900
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 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: 1,500
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 2,956
  • Gross Building Area: 6,548
  • Building Area: 2,956
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,956
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton-Dunstable School District
  • School Tax School District: GROTN-DUNSTBLE
  • Census Tract: 326102

Zoning

  • Zoning: RA

Geography

  • Account Number: 3446
  • Parcel: GROT M:125 B:145 L:
  • Block: 145
  • Municipality: GROTON
  • Latitude: 42.6067
  • Longitude: -71.5337

    Address

  • Full Address: 16 Otter Ln
  • Address - House Number: 16
  • Address - Street Name: Otter
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Groton
  • Carrier Code: R006
  • 4-Digit Zip Code: 1949
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,085,900

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 863,897
  • High Value: 1,004,363
  • Low Value: 723,431

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $694,300
  • Assessed Land Value: $219,800
  • Assessed Improvements Value: $474,500

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 235630
  • Previous Sale Recording Date: Jun 28, 1996
  • Previous Sale Amount: $283,000
  • 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

0.01%

Average Days on Market

55

Average Home Size

2716 ft²

Average Home Age

64.7 years

Currently For Sale

3114 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 years ago
Data Source: MLS PIN, MLS# 30066493

Frequently Asked Questions

When was property at 16 Otter Lane built and last sold?
The property at 16 Otter Lane was built in 1988 and last sold on Dec 9, 2020 for $620,000.
How much is this home worth?
The estimated value of the home located at 16 Otter Lane is $0.
What are some comparable homes to 16 Otter Lane?
There are currently no comparable homes to 16 Otter Lane.
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