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Middlesex
171 Rangeway Rd
$750,000
● House - Off Market

171 Rangeway Rd

Billerica, MA 01862
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,872 Ft²
$797,336
RealtyHop Estimate
3.01%
Since Apr 1, 2023
MA-Boston
Primary Model

About This Property

Move in Ready !!New Construction featuring hardwood floors, 3 bedrooms, 3 bathrooms, eat-in kitchen with granite countertops, back deck open to private backyard.  Main bedroom with walk-in closet, private bathroom with tiled shower designed with bench, second bath with tub/shower, linen closet.  First floor laundry room.  Professionally landscaped, Great location for commuter or work at home in 2nd floor Office. 1 year Builders Warranty included!  Golf course across the street!  Great Brook State Park, Veterans Park, the dog park and more just around the corner.  Close to shops, schools and train to Boston.
Unit Size
1,872 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$413
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

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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 #73029109)

Price History

Date / Event Date Event Price
Mar 30, 2023 Sold
Premium
Sold
Feb 18, 2023 In contract -
In contract
Dec 6, 2022 Price Decreased $774,000
↓ $5K (0.6%)
Price Decreased
Oct 6, 2022 Price Increased $779,000
↑ $5K (0.7%)
Price Increased
Aug 24, 2022 Listed by Compass $774,000
Listed by Compass

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,064
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,963
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,075
  • Gross Building Area: 3,336
  • Building Area: 2,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,075
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001147
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • District: 31
  • Parcel: BILL M:0038 B:0002 L:3
  • Block: 2
  • Lot: 3
  • Municipality: BILLERICA
  • Latitude: 42.5709
  • Longitude: -71.3106

    Address

  • Full Address: 171 Rangeway Rd
  • Address - House Number: 171
  • Address - Street Name: Rangeway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Billerica
  • Carrier Code: R013
  • 4-Digit Zip Code: 2013
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $862,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $764,300
  • Assessed Land Value: $335,700
  • Assessed Improvements Value: $428,600

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8725
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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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# 73029109

Frequently Asked Questions

When was property at 171 Rangeway Road built and last sold?
The property at 171 Rangeway Road was built in 2022 and last sold on Mar 30, 2023 for $750,000.
How much is this home worth?
The estimated value of the home located at 171 Rangeway Road is $785,839.
What are some comparable homes to 171 Rangeway Road?
There are currently no comparable homes to 171 Rangeway Road.
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