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Middlesex 01450
241 Hill Rd
$752,000
● House - Off Market

241 Hill Rd

Groton, MA 01450
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$719,559
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

NEW LISTING, FOR-SALE, Groton, MA.  Offers Due by Tuesday, March 22nd at 6:00pm.  5.22 Acres!   Magnificent Home.  Beautifully Private.  4 Bedrooms, 2.5 Bathrooms, 2,500 Sqft of Living Area.  PERFECT for Live-In Help and Long-Term Guests; Finished Lower Level, Large Living Area, Kitchenette, Bedroom, and Full Bathroom!  Fireplace in the Living Room.  Hardwood Throughout.  Composite Exterior Decks on 2 Floors; Kitchen, and Primary Bedroom!  VERY COOL.  Nicely Done Exterior Decorative Lighting.  Lovely Patio and Fire Pit - Both Privately Situated.  Above Ground Pool with LOTS of Stunning Lawn and Playspace!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
5.22 acres
Price per sqft
$286
Property Type
House
Property Taxes
$707
HOA Dues
-
Year Built
1990

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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 #72954411)

Price History

Date / Event Date Event Price
May 11, 2022 Sold
Premium
Sold
Mar 17, 2022 Listed by EXIT Assurance Realty $714,000
Listed by EXIT Assurance Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 9
  • Basement Area: 1,032
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 227,233
  • Total Building Area: 1,937
  • Gross Building Area: 3,920
  • Building Area: 1,937
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,937
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005217
  • 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: 2609
  • Parcel: GROT M:105 B:16 L:
  • Block: 16
  • Municipality: GROTON
  • Latitude: 42.6074
  • Longitude: -71.6173

    Address

  • Full Address: 241 Hill Rd
  • Address - House Number: 241
  • Address - Street Name: Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Groton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1607
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $921,800

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 728,884
  • High Value: 856,569
  • Low Value: 601,199

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $589,400
  • Assessed Land Value: $259,900
  • Assessed Improvements Value: $329,500

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70772
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72954411

Frequently Asked Questions

When was property at 241 Hill Road built and last sold?
The property at 241 Hill Road was built in 1990 and last sold on May 11, 2022 for $752,000.
How much is this home worth?
The estimated value of the home located at 241 Hill Road is $744,354.
What are some comparable homes to 241 Hill Road?
There are currently no comparable homes to 241 Hill Road.
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