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Middlesex 01821
3 Thorndike Rd
$624,900
● House - Off Market

3 Thorndike Rd

Billerica, MA 01821
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,016 Ft²
$829,547
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Brand New! Tucked in on a tiny little side street and still plenty of off-street parking. Spacious 36x28 Gambrel with a wide-open floor plan and sundrenched rooms. Enjoy your lifestyle in the gorgeous kitchen with recessed lighting, upgraded cabinets, stainless steel appliances, and there's still time to choose your granite countertops. Summertime is here. Go outside! Slider from the kitchen to the deck overlooking a 1/4 acre level lot! Need a break? Retreat to the master bedroom suite, just one of four spacious bedrooms all with double closets, No waiting in line in this house! 3 full baths, and a first-floor laundry. Oversized 2 car garage. Just a little more to finish up and you're in for August Occupancy! Showings begin now. Offers will be presented as they are received.
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$310
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
2020

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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 months ago (MLSPIN #72673413)

Price History

Date / Event Date Event Price
Aug 18, 2020 Sold
Premium
Sold
Jun 13, 2020 Listed by Woods Real Estate $624,900
Listed by Woods Real Estate
Dec 9, 2019 Sold
Premium
Sold
Sep 2, 2019 Listed by Woods Real Estate $249,900
Listed by Woods Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 19
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,016
  • Gross Building Area: 3,232
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 1

Geography

  • District: 31
  • Parcel: BILL M:0088 B:0149 L:0
  • Block: 149
  • Municipality: BILLERICA
  • Latitude: 42.5378
  • Longitude: -71.2595

    Address

  • Full Address: 3 Thorndike Rd
  • Address - House Number: 3
  • Address - Street Name: Thorndike
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: R001
  • 4-Digit Zip Code: 4317
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $785,800
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 771,698
  • High Value: 898,386
  • Low Value: 645,010

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $696,000
  • Assessed Land Value: $253,200
  • Assessed Improvements Value: $442,800

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38775
  • Previous Sale Recording Date: Dec 09, 2019
  • Previous Sale Contract Date: Dec 09, 2019
  • Previous Sale Amount: $220,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2724 ft²

Average Home Age

64.8 years

Currently For Sale

3075 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: 5 months ago
Data Source: MLS PIN, MLS# 72673413

Frequently Asked Questions

When was property at 3 Thorndike Road built and last sold?
The property at 3 Thorndike Road was built in 2020 and last sold on Aug 17, 2020 for $624,900.
How much is this home worth?
The estimated value of the home located at 3 Thorndike Road is $642,527.
What are some comparable homes to 3 Thorndike Road?
There are currently no comparable homes to 3 Thorndike Road.
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