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Middlesex
18 Jay Rd
$589,900
● House - Off Market

18 Jay Rd

Billerica, MA 01862
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,566 Ft²
$750,352
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

This home situated on a corner lot has all the space you need and more. The open kitchen with dining area has doors open to the expansive backyard with granite counter tops and all new stainless steel appliances. The cozy living room has hardwood floors, a wood fireplace and large windows that let in all that natural sunlight. First floor bedroom with hardwood floors and a full updated bath finish off this level. Upstairs leads you to three generous sized bedrooms all with hardwood floors and an updated full bath. Basement has a separate laundry room and bonus room to make that space whatever you desire. Situated on an oversize lot for entertaining in a desirable neighborhood. More features include a brand new driveway, a two car garage, all new paint and more.
Unit Size
2,566 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$214
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1972

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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: 5 months ago (MLSPIN #72656923)

Price History

Date / Event Date Event Price
Jun 22, 2020 Sold
Premium
Sold
May 15, 2020 Listed by Keller Williams Realty-Merrimack $549,000
Listed by Keller Williams Realty-Merrimack
Jan 31, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,035
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 30,030
  • Total Building Area: 2,765
  • Gross Building Area: 3,729
  • Building Area: 2,765
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,765
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0066 B:0080 L:0
  • Block: 80
  • Municipality: BILLERICA
  • Latitude: 42.5468
  • Longitude: -71.3132

    Address

  • Full Address: 18 Jay Rd
  • Address - House Number: 18
  • Address - Street Name: Jay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Billerica
  • Carrier Code: R014
  • 4-Digit Zip Code: 2814
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $782,800

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 794,783
  • High Value: 919,550
  • Low Value: 670,016

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $693,400
  • Assessed Land Value: $332,700
  • Assessed Improvements Value: $360,700

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27361
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 13, 2020
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 34
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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: 5 months ago
Data Source: MLS PIN, MLS# 72656923

Frequently Asked Questions

When was property at 18 Jay Road built and last sold?
The property at 18 Jay Road was built in 1972 and last sold on Jun 19, 2020 for $589,900.
How much is this home worth?
The estimated value of the home located at 18 Jay Road is $587,367.
What are some comparable homes to 18 Jay Road?
There are currently no comparable homes to 18 Jay Road.
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