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Middlesex 01450
338 Longley Rd
$889,000
● House - Off Market

338 Longley Rd

Groton, MA 01450
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,204 Ft²
$1,027,476
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

New construction w/ front porch 3,200+ sq ft of high quality living space. This beautiful home has Pella windows, a highly functional layout with 2nd floor laundry and a walk up attic. The first level is open concept w/ hardwood throughout the first level and on the second floor landing. Large family room with a fireplace that's open to kitchen and breakfast area. Formal dining room off kitchen, half bath and a study. 2nd floor offers a spacious master suite with 2 walk in closets, a Kohler soaking tub, full shower w/ toilet closet and a 82" double sink vanity. The other 3 bedrooms are all equal in size with large closets. Walk up attic and 5 bed septic which offers possibilities for future expansion. This is one of three new homes being built.
Unit Size
3,204 Ft²
Days on Market
-
Land Size
3.20 acres
Price per sqft
$277
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
2021

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72854216)

Price History

Date / Event Date Event Price
Aug 2, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed by Compass $889,000
Listed by Compass

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 139,242
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,361
  • Gross Building Area: 7,527
  • Building Area: 3,361
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,361
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003197
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton-Dunstable School District
  • School Tax School District: GROTN-DUNSTBLE
  • Census Tract: 326102

Zoning

  • Zoning: RA

Geography

  • Account Number: 253301
  • Parcel: GROT M:226 B:60 L:2
  • Block: 60
  • Lot: 2
  • Municipality: GROTON
  • Latitude: 42.6384
  • Longitude: -71.5672

    Address

  • Full Address: 338 Longley Rd
  • Address - House Number: 338
  • Address - Street Name: Longley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Groton
  • Carrier Code: R005
  • 4-Digit Zip Code: 1031
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,499,100

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 85
  • Final Value: 1,171,856
  • High Value: 1,320,230
  • Low Value: 1,023,482

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $958,500
  • Assessed Land Value: $255,300
  • Assessed Improvements Value: $703,200

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 172544
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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72854216

Frequently Asked Questions

When was property at 338 Longley Road built and last sold?
The property at 338 Longley Road was built in 2021 and last sold on Jul 30, 2021 for $889,000.
How much is this home worth?
The estimated value of the home located at 338 Longley Road is $0.
What are some comparable homes to 338 Longley Road?
There are currently no comparable homes to 338 Longley Road.
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