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Middlesex
375 Main Street
$300,000
● House - Off Market

375 Main Street

Townsend, MA 01474
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,817 Ft²
$334,410
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Charming cape style home located in Townsend. Great opportunity for a first-time homebuyer or a buyer looking to downsize.   First floor offers a spacious mudroom, well laid out kitchen with center island, large dining room w/ beautiful wood floor, living room, full bath and first floor bedroom.  Two additional bedrooms on the second floor.  Walk out basement with space for sewing room & workshop or whatever you choose.  The grounds have been lovingly cared for and offer a number of extensive perennial gardens and a firepit! Seller in installing a brand-new septic system prior to closing.  Convenient commuter location close to schools, restaurants & shopping.
Unit Size
1,817 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$165
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1960

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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 years ago (MLSPIN #72893839)

Price History

Date / Event Date Event Price
Nov 12, 2021 Sold
Premium
Sold
Sep 13, 2021 Listed by LAER Realty Partners $299,900
Listed by LAER Realty Partners

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 1
  • 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: 858
  • 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: 1,817
  • Gross Building Area: 2,955
  • Building Area: 1,817
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,817
  • 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: North Middlesex School District
  • Census Tract: 301101

Zoning

  • Zoning: RA3

Geography

  • District: 299
  • Parcel: TOWN M:0019 B:0032 L:0000
  • Block: 32
  • Municipality: TOWNSEND
  • Latitude: 42.675
  • Longitude: -71.7293

    Address

  • Full Address: 375 Main St
  • Address - House Number: 375
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Townsend
  • Carrier Code: R004
  • 4-Digit Zip Code: 1030
  • Zip Code: 01474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $472,900

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 363,715
  • High Value: 429,580
  • Low Value: 297,850

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $328,200
  • Assessed Land Value: $89,500
  • Assessed Improvements Value: $238,700

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 247399
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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 72893839

Frequently Asked Questions

When was property at 375 Main Street built and last sold?
The property at 375 Main Street was built in 1960 and last sold on Nov 12, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 375 Main Street is $0.
What are some comparable homes to 375 Main Street?
There are currently no comparable homes to 375 Main Street.
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