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Middlesex
3 Milbery Ln
$1,062,500
● House - Off Market

3 Milbery Ln

Acton, MA 01720
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,124 Ft²
$1,404,052
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Welcome Home to Milbery Lane!  Set on a private drive in the heart of West Acton this home is the one you have been waiting for!  A builders own home built with pride, from the professionally landscaped yard that includes irrigation and night lighting throughout the property to a back yard patio with a built in fire pit. Breathtaking grand foyer leads to a spacious open floor plan, specialty crown molding throughout the entire home with fresh hardwood floors and paint throughout, a spectacular in home office that is adjacent to the newly renovated kitchen, a finished basement with a large storage area, and a walk up attic.  Acton was recently voted #1 overall in Massachusetts for best public schools!
Unit Size
4,124 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$255
Property Type
House
Property Taxes
$1,507
HOA Dues
-
Year Built
2003

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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 years ago (MLSPIN #72725088)

Price History

Date / Event Date Event Price
Oct 22, 2020 Sold
Premium
Sold
Sep 11, 2020 Listed by Compass $1,050,000
Listed by Compass

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,895
  • Total Building Area: 3,677
  • Gross Building Area: 8,171
  • Building Area: 3,677
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,677
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILBERY LANE
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Acton-Boxborough Regional School District
  • School Tax School District: ACTN-BOXBORO SD
  • Census Tract: 363201

Geography

  • Parcel: ACTO M:00F1 B:0215 L:0003
  • Block: 215
  • Lot: 3
  • Municipality: ACTON
  • Latitude: 42.4697
  • Longitude: -71.4796

    Address

  • Full Address: 3 Milbery Ln
  • Address - House Number: 3
  • Address - Street Name: Milbery
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Acton
  • Carrier Code: C003
  • 4-Digit Zip Code: 2248
  • Zip Code: 01720

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,103,800

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 1,465,986
  • High Value: 1,690,808
  • Low Value: 1,241,164

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,262,000
  • Assessed Land Value: $314,300
  • Assessed Improvements Value: $947,700

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 193333
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

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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 years ago
Data Source: MLS PIN, MLS# 72725088

Frequently Asked Questions

When was property at 3 Milbery Lane built and last sold?
The property at 3 Milbery Lane was built in 2003 and last sold on Oct 13, 2020 for $1,062,500.
How much is this home worth?
The estimated value of the home located at 3 Milbery Lane is $0.
What are some comparable homes to 3 Milbery Lane?
There are currently no comparable homes to 3 Milbery Lane.
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