For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Middlesex
241 Tower Rd
$1,500,000
● House - Off Market

241 Tower Rd

Lincoln, MA 01773
bedrooms
6 Beds
bathrooms
4 Baths
square feet
5,708 Ft²
$2,124,725
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Light-filled, architecturally-designed contemporary takes full advantage of its 4+ private acres with views of pond, woodlands, stone outcroppings, and landscaped grounds. Sited at end of meandering entrance, this 5/6 bedroom, 4-full bath residence boasts a timeless design with graceful blend of traditional floor plan with open living spaces inspiring both grand entertaining and casual family living.  Some of the many special features include dramatic two-story living room with fireplace, pondview book-lined office/library, well-designed kitchen with granite counters, high-end appliances and dining area, custom cabinetry, outdoor bluestone patios, and gorgeous views from every window!   Very convenient location for commuting, train, and shopping.
Unit Size
5,708 Ft²
Days on Market
-
Land Size
4.49 acres
Price per sqft
$261
Property Type
House
Property Taxes
$1,697
HOA Dues
-
Year Built
1974

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72486356)

Price History

Date / Event Date Event Price
Jun 10, 2019 Sold
Premium
Sold
Apr 23, 2019 Listed by Coldwell Banker Residential Brokerage - Lincoln $1,489,000
Listed by Coldwell Banker Residential Brokerage - Lincoln
Dec 4, 2012 Sold
Premium
Sold
Oct 5, 2012 Listed by Coldwell Banker Residential Brokerage - Lincoln $1,275,000
Listed by Coldwell Banker Residential Brokerage - Lincoln

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 195,567
  • Total Building Area: 6,183
  • Gross Building Area: 6,562
  • Building Area: 6,183
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 6,183
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004490
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lincoln-Sudbury School District
  • School Tax School District: LINCOLN SD
  • Census Tract: 360300

Zoning

  • Zoning: R1

Geography

  • Parcel: LINC M:190 L:13 S:0
  • Lot: 13
  • Municipality: LINCOLN
  • Latitude: 42.3941
  • Longitude: -71.3228

    Address

  • Full Address: 241 Tower Rd
  • Address - House Number: 241
  • Address - Street Name: Tower
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lincoln
  • Carrier Code: R004
  • 4-Digit Zip Code: 4329
  • Zip Code: 01773

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,655,300

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 2,118,234
  • High Value: 2,452,253
  • Low Value: 1,784,215

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,060,000
  • Assessed Land Value: $976,700
  • Assessed Improvements Value: $1,083,300

    Sales

  • Current Sale Contract Date: Jun 07, 2019
  • Current Sale Recording Date: Jun 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77949
  • Previous Sale Recording Date: Dec 04, 2012
  • Previous Sale Amount: $1,222,600
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 4 months ago
Data Source: MLS PIN, MLS# 72486356

Frequently Asked Questions

When was property at 241 Tower Road built and last sold?
The property at 241 Tower Road was built in 1974 and last sold on Jun 7, 2019 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 241 Tower Road is $1,492,588.
What are some comparable homes to 241 Tower Road?
There are currently no comparable homes to 241 Tower Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Lincoln Homes for Sale
Lincoln Houses for Sale
Lincoln Condos for Sale
Lincoln Land for Sale
Lincoln Homes with Basements
Lincoln Homes with Pools
Lincoln Homes with Parking
Lincoln Homes with Garages
Nearby Cities
Newton Homes for Sale
Waltham Homes for Sale
Arlington Homes for Sale
Lexington Homes for Sale
Watertown Town Homes for Sale
Belmont Homes for Sale
Burlington Homes for Sale
Maynard Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Norfolk County, MA Property Records
Worcester County, MA Property Records
Essex County, MA Property Records
Hillsborough County, NH Property Records
Providence County, RI Property Records
Rockingham County, NH Property Records
Neighborhoods
Watertown West End Real Estate
Arlington Heights Real Estate
Arlington Center Real Estate
West Newton Real Estate
East Watertown Real Estate
North Lexington Real Estate
Newton Corner Real Estate
Thompsonville Real Estate
Nearby Counties
Newton Homes for Sale
Waltham Homes for Sale
Arlington Homes for Sale
Lexington Homes for Sale
Watertown Town Homes for Sale
Acton Homes for Sale
Sudbury Homes for Sale
Belmont Homes for Sale
Top Real Estate Agents
Top Agents in Lincoln
Top Agents in Newton
Top Agents in Newton
Top Agents in Waltham
Top Agents in Waltham
Top Agents in Arlington
Top Agents in Arlington
Top Agents in Lexington