For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Pinehurst 01821
3 Munroe Way
$640,000
● House - Off Market

3 Munroe Way

Billerica, MA 01821
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,684 Ft²
$972,045
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

This unique colonial is located at the end of your private driveway near the Burlington Town line.  It boasts hardwood floors, a large updated eat-in kitchen, super large familyroom with cathedral ceiling and wood fireplace with wood stove insert, formal diningroom, formal livingroom, first floor full bath, first floor laundry, bonus first floor bedroom/office. Another large bonus room, full bath and bedroom with separate entrance over 2 car garage.  Newer energy efficient natural gas heat and hot water. Walk-up attic for additional storage as well as additional storage room in the rear of the garage. 1 year Home Warranty included!
Unit Size
3,684 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$185
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1993

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72564682)

Price History

Date / Event Date Event Price
Dec 5, 2019 Sold
Premium
Sold
Sep 13, 2019 Listed by RE/MAX Triumph Realty $679,900
Listed by RE/MAX Triumph Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,732
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,571
  • Total Building Area: 3,284
  • Gross Building Area: 6,084
  • Building Area: 3,284
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,284
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BILLERICA
  • Land Acres: 0000001023
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316202

Zoning

  • Zoning: 1

Geography

  • District: 31
  • Parcel: BILL M:0082 B:0174 L:1
  • Block: 174
  • Lot: 1
  • Municipality: BILLERICA
  • Latitude: 42.5397
  • Longitude: -71.2209

    Address

  • Full Address: 3 Munroe Way
  • Address - House Number: 3
  • Address - Street Name: Munroe
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Billerica
  • Carrier Code: C014
  • 4-Digit Zip Code: 5542
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $976,800

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 879,113
  • High Value: 1,068,894
  • Low Value: 689,331

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $865,200
  • Assessed Land Value: $358,600
  • Assessed Improvements Value: $506,600

    Sales

  • Current Sale Contract Date: Dec 03, 2019
  • Current Sale Recording Date: Dec 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54545
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 Pinehurst

Stats & Trends

Median Asking:

$715,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1945 ft²

Average Home Age

51.3 years

Currently For Sale

7 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72564682

Frequently Asked Questions

When was property at 3 Munroe Way built and last sold?
The property at 3 Munroe Way was built in 1993 and last sold on Dec 3, 2019 for $640,000.
How much is this home worth?
The estimated value of the home located at 3 Munroe Way is $684,783.
What are some comparable homes to 3 Munroe Way?
There are currently no comparable homes to 3 Munroe Way.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Billerica Homes for Sale
Billerica Houses for Sale
Billerica Condos for Sale
Billerica Multifamily for Sale
Billerica Land for Sale
Billerica Commercial for Sale
Billerica Homes with Basements
Billerica Homes with Pools
Nearby Cities
Lowell Homes for Sale
Medford Homes for Sale
Lawrence Homes for Sale
Arlington Homes for Sale
Lexington Homes for Sale
Woburn Homes for Sale
Reading Homes for Sale
Winchester Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Essex County, MA Property Records
Norfolk County, MA Property Records
Hillsborough County, NH Property Records
Worcester County, MA Property Records
Rockingham County, NH Property Records
Providence County, RI Property Records
Neighborhoods
Highlands Real Estate
Centralville Real Estate
Arlington Heights Real Estate
Downtown Woburn Real Estate
Pawtucketville Real Estate
Winchester Town Center Real Estate
Arlington Center Real Estate
South Lowell Real Estate
Nearby Counties
Lowell Homes for Sale
Medford Homes for Sale
Lawrence Homes for Sale
Arlington Homes for Sale
Chelmsford Homes for Sale
Andover Homes for Sale
North Andover Homes for Sale
Dracut Homes for Sale
Top Real Estate Agents
Top Agents in Billerica
Top Agents in Lowell
Top Agents in Lowell
Top Agents in 02155
Top Agents in Medford
Top Agents in Medford
Top Agents in Lawrence
Top Agents in Lawrence