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Middlesex 01821
20 Patten Rd
$309,000
● House - Off Market

20 Patten Rd

Billerica, MA 01821
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,450 Ft²
$650,166
RealtyHop Estimate
106.40%
Since Oct 1, 2012
MA-Boston
Primary Model

About This Property

This spacious Cape, with a 1997 architect-designed addition, has charm, warmth & functionality. The open floorplan gives the cozy living room & formal dining room & expansive kitchen, a sense of connection, not common in Capes. The kitchen, with its center-island breaskfast bar, flows seamlessly into the family room, where sliders lead to a 28' deck. The nearly two-acre lot, on the Tewksbury line (with 8590sf in Tewksbury,valued at $100 & taxed @ $1.49/yr ), is located in a neighborhood setting.
Unit Size
2,450 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$129
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1952

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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 #71383692)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Sep 14, 2012 Sold
Premium
Sold
May 16, 2012 Listed by Hammond Residential $315,000
Listed by Hammond Residential

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,696
  • Total Building Area: 2,310
  • Gross Building Area: 4,504
  • Building Area: 2,310
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,310
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001600
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316101

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0019 B:0026 L:0
  • Block: 26
  • Municipality: BILLERICA
  • Latitude: 42.5829
  • Longitude: -71.2338

    Address

  • Full Address: 20 Patten Rd
  • Address - House Number: 20
  • Address - Street Name: Patten
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: R001
  • 4-Digit Zip Code: 1437
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $673,900

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 698,732
  • High Value: 828,063
  • Low Value: 569,402

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $596,900
  • Assessed Land Value: $327,500
  • Assessed Improvements Value: $269,400

    Sales

  • Current Sale Contract Date: May 27, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22990
  • Previous Sale Recording Date: Sep 14, 2012
  • Previous Sale Amount: $309,000
  • Previous Sale Document Type: O
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

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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

Unit for rent at 30 Four Seasons Drive, Hampstead, 01841

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,820 ft²
30 Four Seasons Drive #30, Hampstead, 01841

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71383692

Frequently Asked Questions

When was property at 20 Patten Road built and last sold?
The property at 20 Patten Road was built in 1952 and last sold on May 27, 2020 for $420,000.
How much is this home worth?
The estimated value of the home located at 20 Patten Road is $317,665.
What are some comparable homes to 20 Patten Road?
There are currently no comparable homes to 20 Patten Road.
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