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Middlesex
3 Charlesmere Road
$332,500
● House - Off Market

3 Charlesmere Road

Billerica, MA 01862
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$548,229
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

THIS HOME IS IN ABSOULUTELY MINT CONDITION!! NEW ROOF, SIDING, SHED, ELECTRICAL, KITCHEN CABINETS, BATHROOM, HOT WATER HEATER,  GAS FIRED FURNACE, FRONT STAIRS AND WALKWAY. FULLY INSULATED WALK UP ATTIC FOR STORAGE OR FUTURE EXPANSION. LARGE REAR YARD DECK WITH GAS PIPED COOKING GRILL TO STAY. LIVINGROOM WITH COZY PELLET STOVE. REAR YARD SHED. MASTER BEDROOM WITH RECESSED LIGHTING AND HARDWOOD FLOORS. FULL NEAT AS A PIN BASEMENT!! THIS HOME IS A DREAM COME TRUE!!!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$365
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1940

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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 #72154844)

Price History

Date / Event Date Event Price
Jun 16, 2017 Sold
Premium
Sold
Apr 28, 2017 Listed by American Dream Homes $350,000
Listed by American Dream Homes
Oct 31, 2008 Sold
Premium
Sold
Sep 8, 2008 Listed by American Dream Homes $241,000
Listed by American Dream Homes

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,966
  • Total Building Area: 960
  • Gross Building Area: 2,892
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316500

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0015 B:0122 L:0
  • Block: 122
  • Municipality: BILLERICA
  • Latitude: 42.5839
  • Longitude: -71.2892

    Address

  • Full Address: 3 Charlesmere Rd
  • Address - House Number: 3
  • Address - Street Name: Charlesmere
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Billerica
  • Carrier Code: C025
  • 4-Digit Zip Code: 2101
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $512,600

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 528,685
  • High Value: 618,401
  • Low Value: 438,970

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $454,000
  • Assessed Land Value: $280,500
  • Assessed Improvements Value: $173,500

    Sales

  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25157
  • Previous Sale Recording Date: Oct 31, 2008
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 27
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

2714 ft²

Average Home Age

65 years

Currently For Sale

3219 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# 72154844

Frequently Asked Questions

When was property at 3 Charlesmere Road built and last sold?
The property at 3 Charlesmere Road was built in 1940 and last sold on Jan 1, 1970 for $332,500.
How much is this home worth?
The estimated value of the home located at 3 Charlesmere Road is $351,157.
What are some comparable homes to 3 Charlesmere Road?
There are currently no comparable homes to 3 Charlesmere Road.
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