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Middlesex 01460
3 Cobb Lane
$276,000
● Land - Off Market

3 Cobb Lane

Littleton, MA 01460
bedrooms
Studio
bathrooms
0 Bath
$410,316
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Waterfront lot on 3.1± acres with 355± feet on Cobbs Pond and nearby access to extensive conservation land. Accessed via Nashoba Road to Cobb Lane, this is the last lot in a 5 lot open space development. Also available is adjacent 20 Pickard Lane with a handsome 1850's Colonial on 7.9± acres. Eight miles from Concord Center, Littleton is convenient to major routes, minutes from Rt. 495, and 47 miles to Logan International airport. There is also commuter rail service from Littleton to Cambridge and Boston's North Station.
Unit Size
-
Days on Market
-
Land Size
3.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$308
HOA Dues
-
Year Built
2020

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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: 5 months ago (MLSPIN #72423670)

Price History

Date / Event Date Event Price
Jan 23, 2019 Sold
Premium
Sold
Nov 14, 2018 Listed by LandVest, Inc. $270,000
Listed by LandVest, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,925
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 135,036
  • Total Building Area: 5,672
  • Gross Building Area: 9,061
  • Building Area: 5,672
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,672
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Littleton School District
  • School Tax School District: LITTLETON SD
  • Census Tract: 324101

Geography

  • District: 158
  • Parcel: LITT M:0R01 B:0015 L:14
  • Block: 15
  • Lot: 14
  • Municipality: LITTLETON
  • Latitude: 42.5214
  • Longitude: -71.4447

    Address

  • Full Address: 3 Cobb Ln
  • Address - House Number: 3
  • Address - Street Name: Cobb
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Littleton
  • Carrier Code: R002
  • 4-Digit Zip Code: 2265
  • Zip Code: 01460

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,328,500

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 85
  • Final Value: 1,704,154
  • High Value: 1,919,924
  • Low Value: 1,488,383

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,569,100
  • Assessed Land Value: $337,000
  • Assessed Improvements Value: $1,232,100

    Sales

  • Current Sale Contract Date: Dec 23, 2018
  • Current Sale Recording Date: Jan 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9513
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

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2710 ft²

Average Home Age

65.2 years

Currently For Sale

3198 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# 72423670

Frequently Asked Questions

When was property at 3 Cobb Lane built and last sold?
The property at 3 Cobb Lane was built in 2020 and last sold on Dec 23, 2018 for $276,000.
How much is this home worth?
The estimated value of the home located at 3 Cobb Lane is $272,700.
What are some comparable homes to 3 Cobb Lane?
There are currently no comparable homes to 3 Cobb Lane.
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