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Middlesex 01469
22 Main Street
$300,000
● House - Off Market

22 Main Street

Townsend, MA 01469
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,052 Ft²
$308,929
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Single family house located on 1.2 acres of great commercial property nestled between a fast food restaurant and pizza restaurant. Across from High School and near the Harbor Village Mall this maybe the best commercial property available in Town. This three bedroom ranch is in need of updating and may not be eligible for some loans. Restore the single family home, remodel building into business or use land to build a new business. This property offers many wonderful opportunities.
Unit Size
1,052 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$285
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1965

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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 #72892121)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Sep 8, 2021 Listed by Coldwell Banker Realty - Westford $299,999
Listed by Coldwell Banker Realty - Westford
Feb 4, 2016 Sold
Premium
Sold
May 1, 2015 Listed by Coldwell Banker Realty - Westford $235,000
Listed by Coldwell Banker Realty - Westford

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 1,436
  • Gross Building Area: 3,256
  • Building Area: 1,436
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000001200
  • Standard Land Use Code: 2043
  • County Land Use Code: 347

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301102

Zoning

  • Zoning: OCD

Geography

  • District: 299
  • Parcel: TOWN M:0041 B:0006 L:0000
  • Block: 6
  • Municipality: TOWNSEND
  • Latitude: 42.6497
  • Longitude: -71.6627

    Address

  • Full Address: 22 Main St
  • Address - House Number: 22
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Townsend
  • Carrier Code: R003
  • 4-Digit Zip Code: 1357
  • Zip Code: 01469

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $493,100

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 286,169
  • High Value: 308,316
  • Low Value: 264,022

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $342,200
  • Assessed Land Value: $132,200
  • Assessed Improvements Value: $210,000

    Sales

  • Current Sale Contract Date: Mar 29, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48211
  • Previous Sale Recording Date: Feb 04, 2016
  • Previous Sale Amount: $225,000
  • 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:

$815,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72892121

Frequently Asked Questions

When was property at 22 Main Street built and last sold?
The property at 22 Main Street was built in 1965 and last sold on Mar 29, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 22 Main Street is $311,350.
What are some comparable homes to 22 Main Street?
There are currently no comparable homes to 22 Main Street.
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