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Middlesex
3 Terrace Road
$1,287,000
● House - Off Market

3 Terrace Road

Weston, MA 02493
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,443 Ft²
$2,286,786
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Bright and cheerful 4-5 bedroom country colonial located on a cul-de-sac street. This lovely home has had many improvements and has a fantastic floor plan. Kitchen has an adjoining family room with fireplace, charming living room with fireplace, large dining room, 4 generous sized bedrooms,ensuite master with walk in closet . Versatile   5th. bedroom or upstairs recreation room with adjoining bath and a convenient second floor laundry room. Sited on a flat and private 1 plus acre lot.
Unit Size
3,443 Ft²
Days on Market
-
Land Size
1.98 acres
Price per sqft
$377
Property Type
House
Property Taxes
$1,104
HOA Dues
-
Year Built
1991

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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 #71795801)

Price History

Date / Event Date Event Price
May 15, 2015 Sold
Premium
Sold
Feb 27, 2015 Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd. $1,299,000
Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd.
Oct 1, 2003 Sold
Premium
Sold
Nov 16, 2002 Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd. $1,195,000
Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,509
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,136
  • Total Building Area: 3,171
  • Gross Building Area: 7,134
  • Building Area: 3,171
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,171
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001977
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Weston School District
  • School Tax School District: WESTON SD
  • Census Tract: 367100

Geography

  • Account Number: 100
  • Parcel: WEST M:002.0 L:0038 S:030.0
  • Lot: 38
  • Municipality: WESTON
  • Latitude: 42.3965
  • Longitude: -71.2972

    Address

  • Full Address: 3 Terrace Rd
  • Address - House Number: 3
  • Address - Street Name: Terrace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Weston
  • Carrier Code: C004
  • 4-Digit Zip Code: 1820
  • Zip Code: 02493

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,560,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,815,704
  • High Value: 2,138,524
  • Low Value: 1,492,885

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,403,500
  • Assessed Land Value: $720,200
  • Assessed Improvements Value: $683,300

    Sales

  • Current Sale Recording Date: May 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72053
  • Previous Sale Recording Date: Oct 01, 2003
  • Previous Sale Amount: $1,140,000
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 71795801

Frequently Asked Questions

When was property at 3 Terrace Road built and last sold?
The property at 3 Terrace Road was built in 1991 and last sold on Jan 1, 1970 for $1,287,000.
How much is this home worth?
The estimated value of the home located at 3 Terrace Road is $1,316,870.
What are some comparable homes to 3 Terrace Road?
There are currently no comparable homes to 3 Terrace Road.
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