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Middlesex
21 Heritage Ln
$699,000
● House - Off Market

21 Heritage Ln

Stow, MA 01775
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,585 Ft²
$1,027,531
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Beautiful center hall colonial in the lower village of Stow with hiking and biking trails right out your door.  In a wonderful neighborhood setting, this lovely home is near everything Stow has to offer.  Some special features are two story inviting foyer, first floor office, three season porch, walk in closets, and finished lower level.  The eat in kitchen opens to a large sunken family room.  The living and dining room flow together for a perfect family gathering space.  Upstairs, the large master suite has his and her closets, dual vanities, tub and separate shower.  The irrigation system compliments the details in this home.  A new composite deck in 2017 connects the family room, three season porch and kitchen area for fantastic entertaining space.  The exterior of the house was painted in June of 2018.
Unit Size
3,585 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$195
Property Type
House
Property Taxes
$981
HOA Dues
-
Year Built
1997

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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 #72466054)

Price History

Date / Event Date Event Price
Jun 24, 2019 Sold
Premium
Sold
Apr 12, 2019 Sold
Premium
Sold
Mar 15, 2019 Listed by Coldwell Banker Residential Brokerage - Bolton $699,000
Listed by Coldwell Banker Residential Brokerage - Bolton

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 2
  • Basement Area: 1,460
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 2,972
  • Gross Building Area: 6,020
  • Building Area: 2,972
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,972
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELIZABETH BROOK FARM
  • Land Acres: 0000000680
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 323101

Zoning

  • Zoning: R

Geography

  • Account Number: R-29 85-12A
  • Parcel: STOW M:000R-29 P: 85 -12A
  • Municipality: STOW
  • Latitude: 42.4306
  • Longitude: -71.4852

    Address

  • Full Address: 21 Heritage Ln
  • Address - House Number: 21
  • Address - Street Name: Heritage
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Stow
  • Carrier Code: R002
  • 4-Digit Zip Code: 1397
  • Zip Code: 01775

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,497,600

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 992,060
  • High Value: 1,165,689
  • Low Value: 818,431

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $882,500
  • Assessed Land Value: $341,100
  • Assessed Improvements Value: $541,400

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86955
  • Previous Sale Recording Date: Apr 12, 2019
  • Previous Sale Contract Date: Apr 10, 2019
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2681 ft²

Average Home Age

62.4 years

Currently For Sale

3251 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# 72466054

Frequently Asked Questions

When was property at 21 Heritage Lane built and last sold?
The property at 21 Heritage Lane was built in 1997 and last sold on Jun 24, 2019 for $699,000.
How much is this home worth?
The estimated value of the home located at 21 Heritage Lane is $694,967.
What are some comparable homes to 21 Heritage Lane?
There are currently no comparable homes to 21 Heritage Lane.
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