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Middlesex
25 Patten Rd
$300,000
● House - Off Market

25 Patten Rd

Tewksbury, MA 01876
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,142 Ft²
$442,354
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Bring your vision, imagination and excitement to this cozy cape. Surrounded by plenty of outdoor space including a huge backyard and driveway for two cars. This property has endless potential to be that dream home you have always envisioned. Needs some updates, TLC and a cosmetic facelift. Hang out in the enclosed porch that leads the way to eat in kitchen.  Two bedrooms and bathroom on the first floor with two additional bedrooms on the second floor. Full basement with built in shed underneath the home welcomes additional storage. Property is being sold "as is." Will not qualify for FHA or VA financing. Cash buyer preferred. Perfect for investors, contractors or rehabbers.
Unit Size
1,142 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$271
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1952

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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 #72453352)

Price History

Date / Event Date Event Price
Jun 25, 2019 Sold
Premium
Sold
Feb 14, 2019 Listed by Keller Williams Realty $310,000
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 11,221
  • Total Building Area: 1,142
  • Gross Building Area: 2,540
  • Building Area: 1,142
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,142
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 315500

Zoning

  • Zoning: RG

Geography

  • Parcel: TEWK M:0056 L:0126 U:0000
  • Lot: 126
  • Municipality: TEWKSBURY
  • Latitude: 42.5833
  • Longitude: -71.2226

    Address

  • Full Address: 25 Patten Rd
  • Address - House Number: 25
  • Address - Street Name: Patten
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: C009
  • 4-Digit Zip Code: 3923
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $659,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 555,508
  • High Value: 645,831
  • Low Value: 465,185

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,700
  • Assessed Land Value: $258,000
  • Assessed Improvements Value: $234,700

    Sales

  • Current Sale Contract Date: Mar 29, 2019
  • Current Sale Recording Date: Jun 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24932
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:

$819,500

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2704 ft²

Average Home Age

65.5 years

Currently For Sale

3310 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

Unit for rent at 30 Four Seasons Drive, Hampstead, 01841

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,820 ft²
30 Four Seasons Drive #30, Hampstead, 01841

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72453352

Frequently Asked Questions

When was property at 25 Patten Road built and last sold?
The property at 25 Patten Road was built in 1952 and last sold on Mar 29, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 25 Patten Road is $322,156.
What are some comparable homes to 25 Patten Road?
There are currently no comparable homes to 25 Patten Road.
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