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Middlesex
2 Downs Road
$1,086,500
● House - Off Market

2 Downs Road

Westford, MA 01886
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,911 Ft²
$1,052,922
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Wow, a new home in Westford! Don't miss this opportunity to own a quality built home by two highly regarded Westford builders. This spacious new colonial offers many custom features and generous allowances including; hardwood and tile flooring, painted maple kitchen cabinets with granite counter tops, GE profile appliances, composite decking and much more including a master suite with Jacuzzi tub and custom tiled shower. Terrific lot with easy access to shopping and highways. Don't miss this great opportunity for a new home in one of the areas most coveted towns!
Unit Size
2,911 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$309
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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 years ago (MLSPIN #72802866)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
Mar 24, 2021 Listed by Patriot Property Advisors, LLC - Walpole $899,900
Listed by Patriot Property Advisors, LLC - Walpole

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,144
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,101
  • Total Building Area: 2,800
  • Gross Building Area: 4,916
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000921
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westford School District
  • Census Tract: 318100

Zoning

  • Zoning: RA

Geography

  • Account Number: 23649
  • Parcel: WFOR M:0041.0 P:0027 S:0000
  • Municipality: WESTFORD
  • Latitude: 42.6167
  • Longitude: -71.4526

    Address

  • Full Address: 2 Downs Rd
  • Address - House Number: 2
  • Address - Street Name: Downs
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westford
  • Carrier Code: R002
  • 4-Digit Zip Code: 1010
  • Zip Code: 01886

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,642,600

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,286,048
  • High Value: 1,495,154
  • Low Value: 1,076,942

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,192,900
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $892,900

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39093
  • Previous Sale Recording Date: Dec 04, 2020
  • Previous Sale Contract Date: Nov 30, 2020
  • Previous Sale Amount: $292,500
  • Previous Sale Document Type: O
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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2702 ft²

Average Home Age

65.1 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72802866

Frequently Asked Questions

When was property at 2 Downs Road built and last sold?
The property at 2 Downs Road was built in 2021 and last sold on Jun 30, 2021 for $1,086,500.
How much is this home worth?
The estimated value of the home located at 2 Downs Road is $0.
What are some comparable homes to 2 Downs Road?
There are currently no comparable homes to 2 Downs Road.
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