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Middlesex
220 Lancaster Dr
$709,900
● House - Off Market

220 Lancaster Dr

Tewksbury, MA 01876
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,284 Ft²
$806,367
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model

About This Property

This meticulously maintained 4-bedroom, 2.5 bath Colonial in a highly desired North Tewksbury neighborhood could finally be yours! Upon entering the open foyer you can head right upstairs to all four bedrooms which include a beautiful master featuring a walk in closet and master bath. The first floor boasts a living room, dining room, family room with fireplace and cathedral ceiling, and laundry room as well as an eat in kitchen and incredible screened porch which both exit to the backyard. The lower level features more space to finish in the future should you need more room and entry to the oversized 2 car garage. Outback you'll find an inground pool, large deck, fenced in yard area, and beautiful gardens all set on over an acre+ of land! Newer windows, roof, furnace, pool liner, filter and so much more!
Unit Size
2,284 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$311
Property Type
House
Property Taxes
$709
HOA Dues
-
Year Built
1978

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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 #72866957)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Jul 16, 2021 Listed by RE/MAX Encore $709,900
Listed by RE/MAX Encore

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 2,284
  • Gross Building Area: 5,048
  • Building Area: 2,284
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,284
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001030
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tewksbury School District
  • School Tax School District: TEWKSBURY SD
  • Census Tract: 315200

Zoning

  • Zoning: RG

Geography

  • Parcel: TEWK M:0078 L:0050 U:0000
  • Lot: 50
  • Municipality: TEWKSBURY
  • Latitude: 42.6258
  • Longitude: -71.2143

    Address

  • Full Address: 220 Lancaster Dr
  • Address - House Number: 220
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: C001
  • 4-Digit Zip Code: 1344
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $927,500

    Appraisal Valuation

  • Standard Deviation: 0.152
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 792,620
  • High Value: 913,175
  • Low Value: 672,065

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $692,700
  • Assessed Land Value: $334,700
  • Assessed Improvements Value: $358,000
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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2702 ft²

Average Home Age

65.1 years

Currently For Sale

3030 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: 5 years ago
Data Source: MLS PIN, MLS# 72866957

Frequently Asked Questions

When was property at 220 Lancaster Drive built and last sold?
The property at 220 Lancaster Drive was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 220 Lancaster Drive is $731,313.
What are some comparable homes to 220 Lancaster Drive?
There are currently no comparable homes to 220 Lancaster Drive.
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