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Middlesex 01469
3 Proctor Rd
$459,000
● House - Off Market

3 Proctor Rd

Townsend, MA 01469
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,800 Ft²
$2,700
Est. Monthly

About This Property

IF YOU'RE A DISCERNING BUYER LOOKING FOR A STUNNING, SUN SPLASHED HOME look no further.  Boasting 3 generous sized Bedrooms, 1 full Bath with newer vanity, Living Room with large picture window and Dining Room (w direct access to the flat yard and oversized deck through the sliding door), Family Room with exposed beams and  Play Room with access to the side yard. This residence was remodeled approximately 5 years ago to include a new roof, new kitchen, new bath, new appliances, new lighting fixtures, new contemporary flare flooring a new Tesla car charger. The large half acre parcel is flat and grassy. The newer deck was just freshly painted. Easy access to major routes, shopping and the regional High School. A must see. Especially for those looking for a turn key home. This one won't last!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$255
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1972

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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 #73157203)

Price History

Date / Event Date Event Price
Dec 6, 2023 Sold
Premium
Sold
Oct 17, 2023 In contract -
In contract
Sep 7, 2023 Listed by Coldwell Banker Realty - Lexington $459,000
Listed by Coldwell Banker Realty - Lexington
Oct 2, 2020 Sold
Premium
Sold
Aug 26, 2020 Listed by Coldwell Banker Realty - Lexington $334,900
Listed by Coldwell Banker Realty - Lexington
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,288
  • Total Building Area: 1,796
  • Gross Building Area: 2,204
  • Building Area: 1,796
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,796
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301101

Zoning

  • Zoning: RA3

Geography

  • District: 299
  • Parcel: TOWN M:0034 B:0082 L:0012
  • Block: 82
  • Lot: 12
  • Municipality: TOWNSEND
  • Latitude: 42.6603
  • Longitude: -71.6651

    Address

  • Full Address: 3 Proctor Rd
  • Address - House Number: 3
  • Address - Street Name: Proctor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Townsend
  • Carrier Code: R005
  • 4-Digit Zip Code: 1104
  • Zip Code: 01469

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $568,300

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 445,049
  • High Value: 524,307
  • Low Value: 365,791

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $394,400
  • Assessed Land Value: $90,900
  • Assessed Improvements Value: $303,500

    Sales

  • Current Sale Contract Date: Dec 06, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 139208
  • Previous Sale Recording Date: Oct 02, 2020
  • Previous Sale Contract Date: Sep 24, 2020
  • Previous Sale Amount: $345,000
  • 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:

$809,999

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73157203

Frequently Asked Questions

When was property at 3 Proctor Road built and last sold?
The property at 3 Proctor Road was built in 1972 and last sold on Dec 6, 2023 for $459,000.
How much is this home worth?
The estimated value of the home located at 3 Proctor Road is $474,790.
What are some comparable homes to 3 Proctor Road?
There are currently no comparable homes to 3 Proctor Road.
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