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Middlesex
2 Rangeway Road
$340,000
● House - Off Market

2 Rangeway Road

Billerica, MA 01862
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,124 Ft²
$451,616
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

ESTATE SALE - A wonderful opportunity to get into the Billerica market. Some elbow grease will make this diamond in the rough shine. With sun-filled rooms and hardwood throughout, this home offers a spacious fireplaced living room, dining room, and an eat-in kitchen, plus a heated enclosed porch overlooking the backyard. A perfect starter home with expansion possibilities, or one level living for downsizers. Located on a side street yet close to major routes. Come see this sweet home while rates are still low and before the Spring Market rush.
Unit Size
1,124 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$298
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #72610897)

Price History

Date / Event Date Event Price
Jul 15, 2020 Sold
Premium
Sold
Jan 22, 2020 Listed by Barrett Sotheby's International Realty $334,900
Listed by Barrett Sotheby's International Realty
Oct 8, 1999 Sold
Premium
Sold
Jul 10, 1999 Listed by Arakelian Real Estate, Inc. $259,900
Listed by Arakelian Real Estate, Inc.
NEW 24X36 COLN TO BE BUILD,WEST BILL LOCATION. 5O,132 SF LOT, WALKUP ATTIC. CALL OFFICE FOR PLANS.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,140
  • Total Building Area: 1,124
  • Gross Building Area: 2,148
  • Building Area: 1,124
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,124
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000279
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316500

Zoning

  • Zoning: 1

Geography

  • District: 31
  • Parcel: BILL M:0014 B:0032 L:0
  • Block: 32
  • Municipality: BILLERICA
  • Latitude: 42.5862
  • Longitude: -71.2947

    Address

  • Full Address: 2 Rangeway Rd
  • Address - House Number: 2
  • Address - Street Name: Rangeway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Billerica
  • Carrier Code: C026
  • 4-Digit Zip Code: 1310
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,100

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 483,812
  • High Value: 577,182
  • Low Value: 390,441

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $409,300
  • Assessed Land Value: $242,600
  • Assessed Improvements Value: $166,700

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 31869
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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 4 months ago
Data Source: MLS PIN, MLS# 72610897

Frequently Asked Questions

When was property at 2 Rangeway Road built and last sold?
The property at 2 Rangeway Road was built in 1951 and last sold on Jun 30, 2020 for $340,000.
How much is this home worth?
The estimated value of the home located at 2 Rangeway Road is $348,398.
What are some comparable homes to 2 Rangeway Road?
There are currently no comparable homes to 2 Rangeway Road.
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