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Essex
3 Towne Road
$831,000
● House - Off Market

3 Towne Road

Middleton, MA 01949
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,546 Ft²
$1,651,566
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Incredible opportunity to own a Custom Colonial located in a desirable Cul-de-sac neighborhood. Granite gourmet kitchen w/ stainless appliances, maple cabinets and breakfast bar open to eat in kitchen with inlaid hardwood floors. Open concept to Living Room and Family Room leading to sliding doors and deck. Stunning master bedroom suite w/ sitting area, his and hers custom walk in closets and 4 piece MB. Finished 3rd floor. Custom Mudroom reflects attention to detail. Quality and luxury abound.
Unit Size
4,546 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$187
Property Type
House
Property Taxes
$901
HOA Dues
-
Year Built
2007

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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 #71413153)

Price History

Date / Event Date Event Price
Jun 20, 2013 Sold
Premium
Sold
May 20, 2013 Sold
Premium
Sold
Jul 23, 2012 Listed by Competitive Edge Real Estate Services $849,900
Listed by Competitive Edge Real Estate Services
Mar 27, 2009 Sold
Premium
Sold
Oct 20, 2008 Listed by Competitive Edge Real Estate Services $879,000
Listed by Competitive Edge Real Estate Services
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,833
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,036
  • Total Building Area: 4,546
  • Gross Building Area: 8,464
  • Building Area: 4,546
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,546
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE HILL ESTATES
  • Land Acres: 0000000919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 212101

Zoning

  • Zoning: R1B

Geography

  • Account Number: 200416
  • Parcel: MIDD M:0014 B:0000 L:0020 P
  • Lot: 20 P
  • Municipality: MIDDLETON
  • Latitude: 42.6085
  • Longitude: -70.9872

    Address

  • Full Address: 3 Towne Rd
  • Address - House Number: 3
  • Address - Street Name: Towne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Middleton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1100
  • Zip Code: 01949

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,809,200

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,490,254
  • High Value: 1,725,034
  • Low Value: 1,255,474

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,534,500
  • Assessed Land Value: $559,900
  • Assessed Improvements Value: $974,600

    Sales

  • Current Sale Recording Date: Jun 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 278
  • Previous Sale Recording Date: Mar 27, 2009
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 71413153

Frequently Asked Questions

When was property at 3 Towne Road built and last sold?
The property at 3 Towne Road was built in 2007 and last sold on Jan 1, 1970 for $831,000.
How much is this home worth?
The estimated value of the home located at 3 Towne Road is $900,376.
What are some comparable homes to 3 Towne Road?
There are currently no comparable homes to 3 Towne Road.
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