Middlesex
31 Patrick Rd #31
$490,000
●
Condo -
Off Market
31 Patrick Rd #31
Tewksbury, MA 01876
2 Beds
2 Baths,
1
Half Bath
1,240 Ft²
$3,146
Est. Monthly
$300
HOA / Fees
5.00%
Cap Rate
About This Property
Nestled in the desirable area of Tewksbury, this elegant home at 31
Patrick Road offers a refined living experience. With 2 bedrooms
and 1.5 baths spread across 1240 sq ft, this home exudes charm and
sophistication. The interior is adorned with new carpeting, a new
washer and dryer installed in March 2024, a new dishwasher added in
April 2024, and a new water heater from 2022, ensuring modern
convenience. The property also features a 1 car garage, providing
ample space for parking and storage, along with additional parking
outside. Additionally, the inclusion of a Nest lock and Ring
doorbell enhances the home's security and convenience. Don't miss
the opportunity to make this impeccably maintained residence your
own.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
-
Price per sqft
$387
Property Type
Condo
Property Taxes
$489
HOA Dues
$300
Year Built
1986
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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: 3 years ago (MLSPIN #73241299)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by Compass | $479,900 | |
| Listed by Compass | |||
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Amicone & Associates | $424,900 | |
| Listed by Amicone & Associates | |||
| | |||
|
Located within the sought-after Carter Green complex, this meticulously-maintained 2 Bedroom, 1.5 bathroom townhouse boasts many updates such as newer hardwood floors, an updated kitchen with quartz countertops, modern cabinetry, a wine rack, and GE slate appliances. Recent upgrades also include Harvey windows throughout, a brand new furnace & central air system installed 10/2021. The living room is equipped with a glass slider that leads to your beautiful outside deck, perfect for relaxing during the Spring/Summer months. The dining room is equipped with double picture windows and great space for a large dining table. The half-bathroom with hardwood floors, a pedestal sink, and a new toilet complete the main living area. In-unit washer and dryer conveniently located on the second floor. Two large bedrooms with ample closet space and a full-bathroom that connect the two. Amenities include a tennis court & clubhouse. Great location with easy access to I-93/I-495, perfect for commuters!
| |||
| Jan 23, 2020 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Interior Details
Level: First
Level: Second
Level: Second
Level: First
Level: Second
Level: First
Level: First
Half Bathrooms: 1
Full Bathrooms: 1
Laundry Features: Second Floor
Rooms: 8
Basement: Y
Parking Details
Has Garage
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Carter Green
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Lead Paint: None
Lot Size Units: Acres
Zoning: MFD
Parcel Number: M:0073 L:0018 U:U031, 794168
Water Source: Public
Financial Details
Tax Assessed Value: $438,300
Tax Annual Amount: $5,869
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds
HOA/Condo/Coop Amenities: Tennis Court(s)
Association Fee Frequency: Monthly
HOA Fee: $300
Pets Allowed: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2024
|
2 Bed
|
2 Bath
|
1240 ft²
|
$479,900
2 Bed
2 Bath
1240 ft²
|
$490,000
+2.10%
07/01/2024
|
Maghda Amrani
Keller Williams Gateway Realty
| |
|
04/20/2022
|
2 Bed
|
2 Bath
|
1240 ft²
|
$424,900
2 Bed
2 Bath
1240 ft²
|
$465,000
+9.44%
05/26/2022
|
Nikolas Amicone
Amicone & Associates
| |
|
11/02/2019
|
2 Bed
|
2 Bath
|
1240 ft²
|
$325,000
2 Bed
2 Bath
1240 ft²
|
$327,500
+0.77%
01/23/2020
|
Jeffrey Borstell
J. Borstell Real Estate, Inc.
| |
|
05/13/2015
|
2 Bed
|
2 Bath
|
1240 ft²
|
$219,900
2 Bed
2 Bath
1240 ft²
|
$227,900
+3.64%
06/25/2015
|
Jeffrey Borstell
J. Borstell Real Estate, Inc.
|
Building Info
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