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Middlesex 01450
240 Maple Avenue
$498,000
● House - Off Market

240 Maple Avenue

Groton, MA 01450
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,838 Ft²
$1,175,852
RealtyHop Estimate
135.64%
Since May 1, 2003
National-US
Primary Model

About This Property

PERFECTION: PRIVATE LOT ON QUIET LANE, ABUTTING CONSERVATION LAND; NEARLY NEW HOME WITH OPEN FLOOR PLAN ON THE FIRST FLOOR, TILE, MANY LARGE WINDOWS, CATHEDRAL CEILINGS IN MBR, FARMERS PORCH + SCREENED PORCH; IG POOL; NEIGHBORHOOD NEARBY
Unit Size
2,838 Ft²
Days on Market
-
Land Size
5.50 acres
Price per sqft
$176
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1998

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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 #30683903)

Price History

Date / Event Date Event Price
Apr 18, 2003 Sold
Premium
Sold
Jan 27, 2003 Listed by MRM Associates $499,000
Listed by MRM Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,288
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 242,043
  • Total Building Area: 2,699
  • Gross Building Area: 5,296
  • Building Area: 2,699
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,699
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005557
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton-Dunstable School District
  • School Tax School District: GROTN-DUNSTBLE
  • Census Tract: 326101

Zoning

  • Zoning: RA

Geography

  • Account Number: 1658
  • Parcel: GROT M:213 B:80 L:
  • Block: 80
  • Municipality: GROTON
  • Latitude: 42.6206
  • Longitude: -71.6098

    Address

  • Full Address: 240 Maple Ave
  • Address - House Number: 240
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Groton
  • Carrier Code: R003
  • 4-Digit Zip Code: 4234
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,072,900

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 831,667
  • High Value: 966,892
  • Low Value: 696,441

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $686,000
  • Assessed Land Value: $262,700
  • Assessed Improvements Value: $423,300

    Sales

  • Current Sale Recording Date: Apr 18, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1872
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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30683903

Frequently Asked Questions

When was property at 240 Maple Avenue built and last sold?
The property at 240 Maple Avenue was built in 1998 and last sold on Jan 1, 1970 for $498,000.
How much is this home worth?
The estimated value of the home located at 240 Maple Avenue is $542,746.
What are some comparable homes to 240 Maple Avenue?
There are currently no comparable homes to 240 Maple Avenue.
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