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Middlesex 01821
3 Cunningham Ln
$555,000
● House - Off Market

3 Cunningham Ln

Billerica, MA 01821
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,443 Ft²
$549,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

Welcome home to this charming bungalow with  two bedrooms, plus a spacious bonus room nestled in with a beautiful, private yard that feels like a corner lot. This home has a warm feel that is welcoming the moment you step inside with hard wood floors throughout. The first floor has an open view from kitchen through to the living room with tons of sunlight pouring in. The upstairs bonus room has gorgeous bamboo flooring with a huge layout and a bathroom. A  commuters dream with approximately 30 miles to Boston with shopping and dining within minutes. Don't miss this chance to make this home yours!
Unit Size
1,443 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$381
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1941

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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: 4 months ago (MLSPIN #73151678)

Price History

Date / Event Date Event Price
Nov 1, 2023 Sold
Premium
Sold
Sep 11, 2023 In contract -
In contract
Aug 23, 2023 Listed by Cameron Real Estate Group $549,900
Listed by Cameron Real Estate Group
May 1, 2006 Sold
Premium
Sold
Nov 18, 2005 Listed by Cameron Real Estate Group $324,900
Listed by Cameron Real Estate Group
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • 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: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 962
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,133
  • Total Building Area: 1,443
  • Gross Building Area: 3,127
  • Building Area: 1,443
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,443
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0061 B:0088 L:0
  • Block: 88
  • Municipality: BILLERICA
  • Latitude: 42.553
  • Longitude: -71.265

    Address

  • Full Address: 3 Cunningham Ln
  • Address - House Number: 3
  • Address - Street Name: Cunningham
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Billerica
  • Carrier Code: C016
  • 4-Digit Zip Code: 2825
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $476,200

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 510,578
  • High Value: 596,032
  • Low Value: 425,123

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $421,800
  • Assessed Land Value: $241,500
  • Assessed Improvements Value: $180,300

    Sales

  • Current Sale Contract Date: Nov 01, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32567
  • Previous Sale Recording Date: May 01, 2006
  • Previous Sale Amount: $320,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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: 4 months ago
Data Source: MLS PIN, MLS# 73151678

Frequently Asked Questions

When was property at 3 Cunningham Lane built and last sold?
The property at 3 Cunningham Lane was built in 1941 and last sold on Nov 1, 2023 for $555,000.
How much is this home worth?
The estimated value of the home located at 3 Cunningham Lane is $549,992.
What are some comparable homes to 3 Cunningham Lane?
There are currently no comparable homes to 3 Cunningham Lane.
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