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Middlesex 01463
2 Rileys Way
$479,000
● House - Off Market

2 Rileys Way

Pepperell, MA 01463
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,160 Ft²
$653,887
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

New home to be built. Neighborhood of quality homes along the "West Side Trail". Three Bedroom plan "Monroe" provides 2,160 sq.ft. plus a third-floor walkup in place for future finished level. Buyer's choice of Kitchen Cabinets/Granite/Tile/Carpet and more from the builder's selection. Hardwood throughout the first floor. Gas log fireplace. First-floor laundry. High-efficiency furnace and tankless on-demand hot water. Classic elements, carefully planned building specifications and an accessible builder who takes your satisfaction personally. Turn around time is 6 months. Optional finished third floor. Pictures include an artist's rendering and may show optional features or paid upgrades.
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$226
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #72623198)

Price History

Date / Event Date Event Price
Oct 5, 2020 Sold
Premium
Sold
Feb 24, 2020 Listed by Coldwell Banker Realty - Westford $489,000
Listed by Coldwell Banker Realty - Westford

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,610
  • Total Building Area: 2,160
  • Gross Building Area: 4,024
  • Building Area: 2,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000817
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327103

Zoning

  • Zoning: TNR

Geography

  • Parcel: PEPP M:0041 B:0001 L:00009
  • Block: 1
  • Lot: 9
  • Municipality: PEPPERELL
  • Latitude: 42.644
  • Longitude: -71.5919

    Address

  • Full Address: 2 Rileys Way
  • Address - House Number: 2
  • Address - Street Name: Rileys
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R005
  • 4-Digit Zip Code: 1683
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $949,100

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 660,187
  • High Value: 767,530
  • Low Value: 552,843

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $661,400
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $521,400

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 179426
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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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 years ago
Data Source: MLS PIN, MLS# 72623198

Frequently Asked Questions

When was property at 2 Rileys Way built and last sold?
The property at 2 Rileys Way was built in 2020 and last sold on Oct 1, 2020 for $479,000.
How much is this home worth?
The estimated value of the home located at 2 Rileys Way is $0.
What are some comparable homes to 2 Rileys Way?
There are currently no comparable homes to 2 Rileys Way.
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