Middlesex
2 Bridgeview Circle #67
$160,000
●
Commercial -
Off Market
2 Bridgeview Circle #67
Tyngsborough, MA 01879
Studio
0 Bath
1,809 Ft²
$248,507
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
This Double, End Unit Commerical Office Condo is situated with
frontage on route 3A, a well traveled road and allows for easily
viewed signage. Within a 1/2 mile from the Chelmsford line, & easy
access to Route 3, this is a great location for a business! The
existing combined space includes 8 separate offices, 2 restrooms, a
kitchen area, a large table area for eating or meeting, & a
reception area. With over 20 available parking spaces surrounding
the building, there is plenty of parking! The heating & air
conditioning system is gas/forced air with 125 Amps electrical
service. The units could easily be converted back and current owner
would consider selling individually.
Unit Size
1,809 Ft²
Days on Market
-
Land Size
-
Price per sqft
$94
Property Type
Commercial
Property Taxes
$133
HOA Dues
-
Year Built
1985
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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: 6 months ago (MLSPIN #72584488)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2019 | Listed by Coldwell Banker Realty - Chelmsford | $169,900 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
| | |||
|
This Double, End Unit Commerical Office Condo is situated with frontage on route 3A, a well traveled road and allows for easily viewed signage. Within a 1/2 mile from the Chelmsford line, & easy access to Route 3, this is a great location for a business! The existing combined space includes 8 separate offices, 2 restrooms, a kitchen area, a large table area for eating or meeting, & a reception area. With over 20 available parking spaces surrounding the building, there is plenty of parking! The heating & air conditioning system is gas/forced air with 125 Amps electrical service. The units could easily be converted back and current owner would consider selling individually.
| |||
Property Highlights
Exterior Details
Square Footage: 1809
Year Built: 2019
Building Area Total: 1809
Building Area Units: Square Feet
Lot Size Units: Acres
Tax Lot: 6&7
Financial Details
Tax Map Number: 028
Tax Annual Amount: $1,592
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/26/2021
|
Loft
|
2 Bath
|
5958 ft²
|
$270,000
Loft
2 Bath
5958 ft²
|
$270,000
05/05/2022
|
Christine McCarron
RE/MAX Unlimited
| |
|
02/26/2021
|
Loft
|
1 Bath
|
894 ft²
|
$55,000
Loft
1 Bath
894 ft²
|
$50,000
-9.09%
06/15/2021
|
Brian McInerney
Keller Williams Realty-Merrimack
| |
|
10/24/2019
|
Loft
|
2 Bath
|
1809 ft²
|
$169,900
Loft
2 Bath
1809 ft²
|
$160,000
-5.83%
12/30/2019
|
Mary Ann Sullivan
Coldwell Banker Realty - Chelmsford
| |
|
12/16/2016
|
Loft
|
1 Bath
|
886 ft²
|
$49,000
Loft
1 Bath
886 ft²
|
$40,000
-18.37%
02/27/2017
|
Dawn Sylvester
RE/MAX Triumph Realty
| |
|
12/16/2015
|
Loft
|
1 Bath
|
886 ft²
|
$550
Loft
1 Bath
886 ft²
|
$550
08/13/2016
|
Dawn Sylvester
RE/MAX Triumph Realty
| |
|
01/26/2015
|
Loft
|
-
|
888 ft²
|
$49,900
Loft
-
888 ft²
|
$45,000
-9.82%
09/15/2015
|
Jessica Donahue
LAER Realty Partners/Chelmsford
| |
|
02/18/2011
|
Loft
|
1 Bath
|
-
|
$53,500
Loft
1 Bath
|
$50,000
-6.54%
12/01/2011
|
Dawn Sylvester
RE/MAX Triumph Realty
|
Building Info
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