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Middlesex
2 Preservation Way
Photo of 2 Preservation Way
Sold on May 5, 2005

1

Map

$800,000
● House - Off Market

2 Preservation Way

Westford, MA 01886
bedrooms
4 Beds
bathrooms
2 Baths, 4 Half Baths
square feet
3,833 Ft²
$1,462,869
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

Live the lifestyle you deserve in this stately 9+ room home in one of Westford's best locations.  A farmer's porch, hardwood floors, tile, 2 fireplaces, and a 3rd floor bonus room are just a few of the many extras and amenities you'll find in this superbly crafted Colonial.
Unit Size
3,833 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$211
Property Type
House
Property Taxes
$851
HOA Dues
-
Year Built
1987

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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 #70128086)

Price History

Date / Event Date Event Price
May 5, 2005 Sold
Premium
Sold
Dec 27, 2004 Listed $810,000
Listed
Dec 18, 2001 Sold
Premium
Sold
Aug 8, 2001 Listed $775,000
Listed
Oct 28, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,232
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 3,865
  • Gross Building Area: 7,321
  • Building Area: 3,865
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,865
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westford School District
  • Census Tract: 318400

Zoning

  • Zoning: RA

Geography

  • Parcel: WFOR M:0012.0 P:0131 S:0000
  • Municipality: WESTFORD
  • Latitude: 42.5505
  • Longitude: -71.4253

    Address

  • Full Address: 2 Preservation Way
  • Address - House Number: 2
  • Address - Street Name: Preservation
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Westford
  • Carrier Code: R007
  • 4-Digit Zip Code: 4231
  • Zip Code: 01886

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,713,300

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,426,720
  • High Value: 1,650,001
  • Low Value: 1,203,439

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,244,200
  • Assessed Land Value: $360,400
  • Assessed Improvements Value: $883,800

    Sales

  • Current Sale Recording Date: May 05, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00027949
  • Previous Sale Recording Date: Dec 18, 2001
  • Previous Sale Amount: $699,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2706 ft²

Average Home Age

65.2 years

Currently For Sale

3280 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 months ago
Data Source: MLS PIN, MLS# 70128086

Frequently Asked Questions

When was property at 2 Preservation Way built and last sold?
The property at 2 Preservation Way was built in 1987 and last sold on Jan 1, 1970 for $800,000.
How much is this home worth?
The estimated value of the home located at 2 Preservation Way is $860,536.
What are some comparable homes to 2 Preservation Way?
There are currently no comparable homes to 2 Preservation Way.
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