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Middlesex
3 Milot Rd
$380,000
● House - Off Market

3 Milot Rd

Westford, MA 01886
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,770 Ft²
$585,036
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Commuters Evening Open House Wednesday 6/12 from 5-7pm!   Here's your chance to get a great affordable family home in one of the best school systems in the state! This adorable home is set on a private flat lot with almost a full acre of land! Owners have taken great pride in their home and made many updates and upgrades recently including first floor bathroom, some new windows, electrical panel, fresh paint and much more! (see attachment) Owners converted what used to be a 2 family to a single, so now this great 4 bedroom & 2 bath home has a first floor master that is perfect for guests or visiting family! Use 23 Milot on GPS for directions.
Unit Size
1,770 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$225
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1945

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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 #72507701)

Price History

Date / Event Date Event Price
Aug 26, 2019 Sold
Premium
Sold
May 28, 2019 Listed by Barrett Sotheby's International Realty $399,000
Listed by Barrett Sotheby's International Realty
Apr 11, 2014 Sold
Premium
Sold
Jan 9, 2014 Listed by Barrett Sotheby's International Realty $289,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,988
  • Total Building Area: 1,770
  • Gross Building Area: 2,598
  • Building Area: 1,770
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,770
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westford School District
  • Census Tract: 318300

Zoning

  • Zoning: RA

Geography

  • Parcel: WFOR M:0025.0 P:0088 S:0000
  • Municipality: WESTFORD
  • Latitude: 42.5885
  • Longitude: -71.4756

    Address

  • Full Address: 3 Milot Rd
  • Address - House Number: 3
  • Address - Street Name: Milot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westford
  • Zip Code: 01886

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,300

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 616,685
  • High Value: 731,004
  • Low Value: 502,365

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,000
  • Assessed Land Value: $269,900
  • Assessed Improvements Value: $211,100

    Sales

  • Current Sale Contract Date: Jul 11, 2019
  • Current Sale Recording Date: Aug 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35902
  • Previous Sale Recording Date: Apr 11, 2014
  • Previous Sale Amount: $276,400
  • Previous Sale Document Type: O
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

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 4 months ago
Data Source: MLS PIN, MLS# 72507701

Frequently Asked Questions

When was property at 3 Milot Road built and last sold?
The property at 3 Milot Road was built in 1945 and last sold on Jul 11, 2019 for $380,000.
How much is this home worth?
The estimated value of the home located at 3 Milot Road is $419,612.
What are some comparable homes to 3 Milot Road?
There are currently no comparable homes to 3 Milot Road.
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