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Middlesex 01450
28 Island Rd
Photo of 28 Island Rd
Sold on Sep 20, 2006

1

Map

$351,000
● House - Off Market

28 Island Rd

Groton, MA 01450
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,422 Ft²
$675,017
RealtyHop Estimate
68.80%
Since Oct 1, 2006
National-US
Primary Model

About This Property

Not a drive by can't see beauty from road...hidden gem~~Amazing unique property, over 600 feet of frontage and 1+ acre on lovely Lost Lake.  This land gives you a feeling of privacy and tranquility second to none for a lake community.  Unfinished projects need a handy man or your contractor to come in and make this place shine.  Recent updates include new well pump and tank, 200 amp electrical service, 2003 furnace and central air.  Little camp also great potential with some work!
Unit Size
1,422 Ft²
Days on Market
-
Land Size
1.18 acres
Price per sqft
$281
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #70389914)

Price History

Date / Event Date Event Price
Sep 21, 2006 Sold
Premium
Sold
May 17, 2006 Listed $399,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 640
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,500
  • Total Building Area: 1,232
  • Gross Building Area: 2,328
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001182
  • 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: 326102

Zoning

  • Zoning: RA

Geography

  • Account Number: 39
  • Parcel: GROT M:122 B:99 L:
  • Block: 99
  • Municipality: GROTON
  • Latitude: 42.5912
  • Longitude: -71.5215

    Address

  • Full Address: 28 Island Rd
  • Address - House Number: 28
  • Address - Street Name: Island
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Groton
  • Carrier Code: R006
  • 4-Digit Zip Code: 2121
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $852,400

    Appraisal Valuation

  • Standard Deviation: 0.1608
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 666,751
  • High Value: 774,027
  • Low Value: 559,475

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $545,000
  • Assessed Land Value: $380,300
  • Assessed Improvements Value: $164,700

    Sales

  • Current Sale Recording Date: Sep 21, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00180986
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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2724 ft²

Average Home Age

64.8 years

Currently For Sale

3075 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: 6 months ago
Data Source: MLS PIN, MLS# 70389914

Frequently Asked Questions

When was property at 28 Island Road built and last sold?
The property at 28 Island Road was built in 1940 and last sold on Jan 1, 1970 for $351,000.
How much is this home worth?
The estimated value of the home located at 28 Island Road is $413,269.
What are some comparable homes to 28 Island Road?
There are currently no comparable homes to 28 Island Road.
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