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Middlesex
2 Colorado Drive
$255,900
● House - Off Market

2 Colorado Drive

Tyngsborough, MA 01879
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,240 Ft²
$926,147
RealtyHop Estimate
261.92%
Since Jul 1, 1997
National-US
Primary Model

About This Property

PRIDE OF OWNERSHIP SHOWS THROUGHOUT THIS STUNNING HIP ROOF COLONIAL IN PRESTIGIOUS SCRIBNER HILL ESTATES. CALL OFFICE FOR FULL LIST OF EXTRAS!
Unit Size
2,240 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$114
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1986

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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 years ago (MLSPIN #30158300)

Price History

Date / Event Date Event Price
Jun 29, 2001 Sold
Premium
Sold
Nov 2, 2000 Listed $379,900
Listed
Jun 30, 1997 Sold
Premium
Sold
Apr 15, 1997 Listed $255,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 1,120
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,240
  • Gross Building Area: 4,571
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tyngsborough School District
  • Census Tract: 313101

Zoning

  • Zoning: R1

Geography

  • Parcel: TYNG M:002 B:0171 L:0
  • Block: 171
  • Municipality: TYNGSBORO
  • Latitude: 42.6454
  • Longitude: -71.4785

    Address

  • Full Address: 2 Colorado Dr
  • Address - House Number: 2
  • Address - Street Name: Colorado
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Tyngsboro
  • Carrier Code: R002
  • 4-Digit Zip Code: 2374
  • Zip Code: 01879

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,800

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 763,563
  • High Value: 899,153
  • Low Value: 627,974

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $657,100
  • Assessed Land Value: $289,700
  • Assessed Improvements Value: $367,400

    Sales

  • Current Sale Recording Date: Jun 29, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 30, 1997
  • Previous Sale Amount: $255,900
  • 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:

$819,999

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2706 ft²

Average Home Age

65.3 years

Currently For Sale

3031 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# 30158300

Frequently Asked Questions

When was property at 2 Colorado Drive built and last sold?
The property at 2 Colorado Drive was built in 1986 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 2 Colorado Drive is $408,605.
What are some comparable homes to 2 Colorado Drive?
There are currently no comparable homes to 2 Colorado Drive.
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