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Middlesex
188 Tower Road
Photo of 188 Tower Road
Sold on Sep 28, 2010

1

Map

$1,520,000
● House - Off Market

188 Tower Road

Lincoln, MA 01773
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,315 Ft²
$3,370,764
RealtyHop Estimate
107.43%
Since Oct 1, 2010
MA-Boston
Primary Model

About This Property

Two years young - Builders own. Architect designed set on 3.8 acres. A state of the art Scandia Kitchen, complete with walk-in Butlers Pantry, opens to dramatic Family Room with custom built-ins. Four bedrooms plus mid-level Master Suite and all the very best. The landscape design is remarkable and shows many faces. Perfection!
Unit Size
4,315 Ft²
Days on Market
-
Land Size
3.83 acres
Price per sqft
$377
Property Type
House
Property Taxes
$1,632
HOA Dues
-
Year Built
2007

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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: 2 years ago (MLSPIN #70972217)

Price History

Date / Event Date Event Price
Sep 28, 2010 Sold
Premium
Sold
Sep 9, 2009 Listed by Compass $1,625,000
Listed by Compass
Two years young - Builders own. Architect designed set on 3.8 acres. A state of the art Scandia Kitchen, complete with walk-in Butlers Pantry, opens to dramatic Family Room with custom built-ins. Four bedrooms plus mid-level Master Suite and all the very best. The landscape design is remarkable and shows many faces. Perfection!
Sep 19, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 152,443
  • Total Building Area: 4,087
  • Gross Building Area: 8,165
  • Building Area: 4,087
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,087
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lincoln-Sudbury School District
  • School Tax School District: LINCOLN SD
  • Census Tract: 360300

Zoning

  • Zoning: R1

Geography

  • Parcel: LINC M:186 L:5 S:0
  • Lot: 5
  • Municipality: LINCOLN
  • Latitude: 42.4
  • Longitude: -71.3166

    Address

  • Full Address: 188 Tower Rd
  • Address - House Number: 188
  • Address - Street Name: Tower
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lincoln
  • Carrier Code: R004
  • 4-Digit Zip Code: 4326
  • Zip Code: 01773

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,396,400

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 2,493,636
  • High Value: 2,886,851
  • Low Value: 2,100,420

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,859,100
  • Assessed Land Value: $724,100
  • Assessed Improvements Value: $1,135,000

    Sales

  • Current Sale Recording Date: Sep 28, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00171228
  • Previous Sale Recording Date: Sep 19, 2006
  • Previous Sale Amount: $500,000
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 2 years ago
Data Source: MLS PIN, MLS# 70972217

Frequently Asked Questions

When was property at 188 Tower Road built and last sold?
The property at 188 Tower Road was built in 2007 and last sold on Jan 1, 1970 for $1,520,000.
How much is this home worth?
The estimated value of the home located at 188 Tower Road is $0.
What are some comparable homes to 188 Tower Road?
There are currently no comparable homes to 188 Tower Road.
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