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Middlesex
288 Rangeway Rd
Photo of 288 Rangeway Rd
Sold on Sep 27, 2007

1

Map

$524,900
● House - Off Market

288 Rangeway Rd

Billerica, MA 01862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
3,522 Ft²
$992,422
RealtyHop Estimate
89.07%
Since Oct 1, 2007
MA-Boston
Primary Model

About This Property

THE LOOK AND FEEL OF CARLISLE - 400' over the line in North Billerica! Expandable ranch in professionally designed and maintained, 4-acre tranquil setting. Delightful, four-season Florida room, granite counters, central A/C up and down, fireplaced family room, 2 full baths. Lower level has oversized cedar closet and laundry, and is open for multiple uses or partitioning such as workshop, office,etc. Conveniently located near Rte 128 and NH shopping. Ideal home for many, including DOWNSIZERS!
Unit Size
3,522 Ft²
Days on Market
-
Land Size
3.95 acres
Price per sqft
$149
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1985

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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 #70607798)

Price History

Date / Event Date Event Price
Sep 27, 2007 Sold
Premium
Sold
Jul 2, 2007 Listed $524,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 3,780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 172,062
  • Total Building Area: 3,917
  • Gross Building Area: 4,547
  • Building Area: 3,917
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,917
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003950
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316400

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0057 B:0018 L:0
  • Block: 18
  • Municipality: BILLERICA
  • Latitude: 42.5574
  • Longitude: -71.3216

    Address

  • Full Address: 288 Rangeway Rd
  • Address - House Number: 288
  • Address - Street Name: Rangeway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Billerica
  • Carrier Code: R013
  • 4-Digit Zip Code: 2015
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $826,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,069,604
  • High Value: 1,260,056
  • Low Value: 879,152

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $732,200
  • Assessed Land Value: $349,800
  • Assessed Improvements Value: $382,400

    Sales

  • Current Sale Recording Date: Sep 27, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00050861
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

2706 ft²

Average Home Age

65.2 years

Currently For Sale

3280 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70607798

Frequently Asked Questions

When was property at 288 Rangeway Road built and last sold?
The property at 288 Rangeway Road was built in 1985 and last sold on Jan 1, 1970 for $524,900.
How much is this home worth?
The estimated value of the home located at 288 Rangeway Road is $586,849.
What are some comparable homes to 288 Rangeway Road?
There are currently no comparable homes to 288 Rangeway Road.
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