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Middlesex 01821
31 Patten Road
Photo of 31 Patten Road
Sold on Jun 25, 2008

1

Map

$339,900
● House - Off Market

31 Patten Road

Billerica, MA 01821
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,800 Ft²
$669,408
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model

About This Property

Contractor's own fully renovated full shed cape with 3 full baths, whirlpool tub in 1st flr bath!! Everything has been done as if he was never going to sell, you can reap the rewards! Newer kitchen, baths, cedar siding, windows, roof, plumbing, 3-zone gas heat, separate central A/C, huge 34x12 deck, farmer's porch, sprinkler system, fenced rear yard, storage shed, finished walk-out basement, downstairs poolroom. First floor bedroom could also be a Dining room.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$189
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1954

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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 #70755655)

Price History

Date / Event Date Event Price
Jun 25, 2008 Sold
Premium
Sold
May 5, 2008 Listed $339,900
Listed
Oct 8, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,792
  • Gross Building Area: 3,957
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316101

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0026 B:0009 L:0
  • Block: 9
  • Municipality: BILLERICA
  • Latitude: 42.5826
  • Longitude: -71.2316

    Address

  • Full Address: 31 Patten Rd
  • Address - House Number: 31
  • Address - Street Name: Patten
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: R001
  • 4-Digit Zip Code: 1416
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $612,300

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 690,536
  • High Value: 847,591
  • Low Value: 533,481

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $542,300
  • Assessed Land Value: $250,100
  • Assessed Improvements Value: $292,200

    Sales

  • Current Sale Recording Date: Jun 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00029158
  • Previous Sale Recording Date: Oct 08, 1993
  • Previous Sale Amount: $110,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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

Unit for rent at 30 Four Seasons Drive, Hampstead, 01841

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,820 ft²
30 Four Seasons Drive #30, Hampstead, 01841

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70755655

Frequently Asked Questions

When was property at 31 Patten Road built and last sold?
The property at 31 Patten Road was built in 1954 and last sold on Jan 1, 1970 for $339,900.
How much is this home worth?
The estimated value of the home located at 31 Patten Road is $366,282.
What are some comparable homes to 31 Patten Road?
There are currently no comparable homes to 31 Patten Road.
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