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Middlesex 01450
38 Arbor Way
$534,900
● House - Off Market

38 Arbor Way

Groton, MA 01450
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,945 Ft²
$2,747
Est. Monthly
$120
HOA / Fees

About This Property

Beautiful new home at end of Cul de Sac in Groton's Academy Hill! Amenities include Grand Master Suite w/ Jetted Bath, Gourmet Kitchen with Granite Countertops, Generous Hardwood Flooring & Tile, Walk-up 3rd floor with potential for additional living space, Walk-out Basement, Crown Mouldings in Dining Room & Living Room, along with Custom Mantel built by Master Craftsman.  Home is now in finish stage, with time to select custom lighting, flooring, etc.  Move in 30 Days!!!
Unit Size
2,945 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$182
Property Type
House
Property Taxes
-
HOA Dues
$120
Year Built
2011

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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: 8 months ago (MLSPIN #71165405)

Price History

Date / Event Date Event Price
Aug 2, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by Team Realty $715,000
Listed by Team Realty
Jun 2, 2011 Sold
Premium
Sold
Nov 24, 2010 Listed by Team Realty $534,900
Listed by Team Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,370
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,340
  • Total Building Area: 2,885
  • Gross Building Area: 6,144
  • Building Area: 2,885
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,885
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACADEMY HILL
  • Land Acres: 0000000719
  • 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: 326101

Zoning

  • Zoning: RA

Geography

  • Account Number: 204/ 10/ 18
  • Parcel: GROT M:204 B:10 L:18
  • Block: 10
  • Lot: 18
  • Municipality: GROTON
  • Latitude: 42.6389
  • Longitude: -71.6414

    Address

  • Full Address: 38 Arbor Way
  • Address - House Number: 38
  • Address - Street Name: Arbor
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Groton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1155
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,174,900

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 860,213
  • High Value: 1,010,904
  • Low Value: 709,522

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $751,200
  • Assessed Land Value: $209,100
  • Assessed Improvements Value: $542,100

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 173216
  • Previous Sale Recording Date: Jun 02, 2011
  • Previous Sale Amount: $525,000
  • 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:

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 8 months ago
Data Source: MLS PIN, MLS# 71165405

Frequently Asked Questions

When was property at 38 Arbor Way built and last sold?
The property at 38 Arbor Way was built in 2011 and last sold on Aug 2, 2021 for $770,000.
How much is this home worth?
The estimated value of the home located at 38 Arbor Way is $0.
What are some comparable homes to 38 Arbor Way?
There are currently no comparable homes to 38 Arbor Way.
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