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Townsend 01469
2 School
$188,500
● House - Off Market

2 School

Townsend, MA 01469
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,009 Ft²
$295,797
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Cozy antique converted carriage house and chauffeur's  quarters built around 1900. The home includes 3 bedrooms, 1 bath, and a large front porch. Updates to the home include: a new tankless on demand gas hot water heater (2017); new roof (2014); new windows (2016); energy efficient gas furnace (1998); updated electrical wiring and plumbing (1996). Almost all lighting is led. Home was de-leaded and vinyl sided (1999); sits near the front of .42 acre in-town lot, leaving more back yard. Schools are part of the North Middlesex Regional School District, including a new high school in 2017. Located near scenic Townsend Common, which hosts summer evening band concerts, craft fairs, and other public and civic events. A great starter home. Ready for immediate occupancy. Take a look.
Unit Size
1,009 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$193
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72358597)

Price History

Date / Event Date Event Price
Nov 30, 2018 Sold
Premium
Sold
Jul 9, 2018 Listed by Squanicook Associates Real Estate $194,900
Listed by Squanicook Associates Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,008
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,269
  • Total Building Area: 1,009
  • Gross Building Area: 1,338
  • Building Area: 1,009
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,009
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000419
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301101

Zoning

  • Zoning: RA3

Geography

  • District: 299
  • Parcel: TOWN M:0052 B:0032 L:0000
  • Block: 32
  • Municipality: TOWNSEND
  • Latitude: 42.6688
  • Longitude: -71.7047

    Address

  • Full Address: 2 School St
  • Address - House Number: 2
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Townsend
  • Carrier Code: R003
  • 4-Digit Zip Code: 1061
  • Zip Code: 01469

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $400,900

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 305,845
  • High Value: 365,084
  • Low Value: 246,607

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $278,200
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $200,200

    Sales

  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 182572
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 Townsend

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$269

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1556 ft²

Average Home Age

69.7 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72358597

Frequently Asked Questions

When was property at 2 School Street built and last sold?
The property at 2 School Street was built in 1900 and last sold on Jan 1, 1970 for $188,500.
How much is this home worth?
The estimated value of the home located at 2 School Street is $196,717.
What are some comparable homes to 2 School Street?
There are currently no comparable homes to 2 School Street.
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