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Middlesex 01821
2 Diane Dr
$365,000
● House - Off Market

2 Diane Dr

Billerica, MA 01821
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,240 Ft²
$600,067
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Spacious colonial on level, corner lot features flexible floor plan with  5 -7 bedrooms if necessary for large family.    Home has been recently painted and has updated thermal windows, vinyl siding, and dishwasher.  It also features an enclosed screened  porch, a partially finished basement and updated  200 amp electrical service.   In addition, there is a generator for those emergencies!   Fenced yard is ideal for family or pets.   Motivated sellers. Deferred showings until Feb. 9, 2016. Subject to obtaining license to sell, which is in process.
Unit Size
2,240 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$156
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1961

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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 #71954468)

Price History

Date / Event Date Event Price
Mar 18, 2016 Sold
Premium
Sold
Feb 1, 2016 Listed by LAER Realty Partners $349,900
Listed by LAER Realty Partners

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,830
  • Total Building Area: 2,480
  • Gross Building Area: 3,098
  • Building Area: 2,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000363
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0030 B:0033 L:0
  • Block: 33
  • Municipality: BILLERICA
  • Latitude: 42.5707
  • Longitude: -71.289

    Address

  • Full Address: 2 Diane Dr
  • Address - House Number: 2
  • Address - Street Name: Diane
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Billerica
  • Carrier Code: C018
  • 4-Digit Zip Code: 1010
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $678,500

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 723,474
  • High Value: 857,385
  • Low Value: 589,564

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,000
  • Assessed Land Value: $278,600
  • Assessed Improvements Value: $322,400

    Sales

  • Current Sale Recording Date: Mar 18, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11286
  • Previous Sale Recording Date: Feb 24, 2005
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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: 5 months ago
Data Source: MLS PIN, MLS# 71954468

Frequently Asked Questions

When was property at 2 Diane Drive built and last sold?
The property at 2 Diane Drive was built in 1961 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 2 Diane Drive is $355,064.
What are some comparable homes to 2 Diane Drive?
There are currently no comparable homes to 2 Diane Drive.
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