Middlesex
2 Preston Way #2
$460,000
●
Condo -
Off Market
2 Preston Way #2
Acton, MA 01720
2 Beds
2 Baths,
1
Half Bath
1,372 Ft²
$503,921
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Sunny 55+ Townhome in Robbins Brook with everything you need!
Corner unit lends itself to lots of sunlight and benefit of private
gardens and backyard. Charming covered entry porch with small
patio. Open concept in this unit with living and dining room
combination, nice galley kitchen with stainless appliances and
breakfast bar for barstools. Sliders open from the dining area to a
lovely three season porch for extra living space. Garage entrance
to the first floor enables easy access inside. Storage closet
is also found on the first floor along with a 1/2 bath.
Upstairs you will find a large primary bedroom with walk-in
closet and private entrance to a full bath. Washer and dryer, and
loft area along with a second bedroom finishes the second floor.
This property backs up to the Bruce Freeman Rail Trail and NARA
Park known for its 4 season activities. Close to shopping, golf
courses, Nashoba Ski area and medical facilities! $2500.CREDIT to
buyer at closing for painting some walls.
Unit Size
1,372 Ft²
Days on Market
-
Land Size
-
Price per sqft
$346
Property Type
Condo
Property Taxes
$582
HOA Dues
$398
Year Built
2010
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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 #73050789)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2022 | Sold | ||
| Sold | |||
| Nov 19, 2022 | In contract | - | |
| In contract | |||
| Oct 21, 2022 | Listed by Keller Williams Realty Boston Northwest | $475,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 9
Length: 12
Features: Dining Area
Area: 108
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Width: 11
Length: 13
Area: 143
Length: 20
Level: First
Area: 240
Features: Flooring - Laminate, Open Floorplan, Slider
Width: 12
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Flooring - Marble
Level: Second
Length: 15
Width: 13
Area: 195
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Loft, Foyer
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Laminate, Flooring - Wall to Wall Carpet
Laundry Features: Laundry Closet, Second Floor, In Unit, Washer Hookup
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street, Assigned
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Robbins Brook
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:00C5 B:0663 L:0000, 4668498
Water Source: Public
Financial Details
Tax Assessed Value: $359,200
Tax Annual Amount: $6,986
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $398
Community Features: Shopping, Park, Walk/Jog Trails, Stable(s), Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Adult Community
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
10/21/2022
|
2 Bed
|
2 Bath
|
1372 ft²
|
$475,000
2 Bed
2 Bath
1372 ft²
|
$460,000
-3.16%
12/19/2022
|
Ann Erickson Shaw
Keller Williams Realty Boston Northwest
| |
|
05/06/2010
|
2 Bed
|
1 Bath
|
1288 ft²
|
$289,900
2 Bed
1 Bath
1288 ft²
|
$263,500
-9.11%
05/25/2011
|
Nicole Alward
Monogram Real Estate, LLC
|
Building Info
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