$62,000
●
House -
Off Market
38 River Rd #20
Pepperell, MA 01463
Studio
1 Bath
960 Ft²
$85,268
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
This corner lot modular home in Green Acres Park could be the
perfect starting point for buyers looking to get into their first
home or someone looking to downsize. A master Bedroom and Full Bath
with Laundry greet you upon entering. Down the hallway find an
additional Bedroom (currently used as an office) leading to an open
living area. From the Living Room boasting accent beams flow easily
into the Dining Room offering an abundance of storage with floor to
ceiling cabinets and a built in hutch. Sliding doors from the
Dining Room to Kitchen allow you to close it off to guests or open
them for ideal entertainment space. Back in through the Living Room
head through the side door and onto the enclosed patio illuminated
by a wall of windows and knotty pine end accent walls. A great
sized lot with a storage shed and garden bed out back. Park fees
include: plowing, trash, water and sewer.
Unit Size
960 Ft²
Days on Market
-
Land Size
-
Price per sqft
$68
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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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 #72749791)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | In contract | - | |
| In contract | |||
| May 4, 2023 | Listed by Cameron Real Estate Group | $225,000 | |
| Listed by Cameron Real Estate Group | |||
| | |||
|
Beautifully remodeled mobile home with built-on addition! Positioned on a huge corner lot less than a mile from the Nashua River, the Nashua River Rail Trail, and directly across from conservation land. This home is perfect for a weekend getaway or retirees looking to downsize. The entire home has been completely renovated and looks more like a ranch-style house than a manufactured home. A masterfully designed canopy graces the entrance, luxury vinyl flooring throughout, all new windows, and new sheetrock throughout. The sun-filled kitchen features a comfortable and open floor plan with raised ceiling with a sleek modern ceiling fan, new kitchen cabinets, countertops, and new stainless steel appliances. The bathroom features a gorgeous vanity and pristine vessel sink, accompanied by brand-new washer and dryer units in the bathroom. Brand new electrical panel, new wiring, and new plumbing. The exterior has new vinyl siding, beautiful landscaping, a large four-car driveway, and a shed!
| |||
| Jul 12, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by Cameron Real Estate Group | $209,000 | |
| Listed by Cameron Real Estate Group | |||
| | |||
|
Meticulously remodeled mobile home with a built on addition! Positioned on a huge corner lot less than a mile from the Nashua River, the Nashua River Rail Trail, and directly across from conservation land. Perfect as a starter home, for those looking to downsize, retirees, or even a rental investment property. This home has been completely renovated and looks more like a ranch-style house than a manufactured home. Beautiful luxury vinyl flooring, all new windows, and new sheetrock throughout. The sun-filled kitchen features a comfortable and open floor plan with raised ceiling, new kitchen cabinets, countertops, and new stainless steel appliances. The bathroom has a new vessel sink with modern vanity and hook-ups for washer/dryer units. Brand new electrical panel, new wiring, and new plumbing (both supply and drain)upgraded to modern code. The exterior has new vinyl siding, beautiful landscaping, and a large four-car driveway. There is also a detached shed for storage. Low monthly HOA
| |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Features: No
Full Bathrooms: 1
Appliances: Range, Refrigerator, Electric Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Laminate
Laundry Features: Washer Hookup
Rooms: 4
Parking Details
Parking Features: Off Street
Exterior Details
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Mobile Home
Structure Type: House
Building Area Units: Square Feet
Construction Materials: Modular
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Units: Acres
Zoning: TNR
Parcel Number: 726549
Water Source: Public
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Other
Sewer : Public Sewer
Location Details
Community Features: Shopping, Tennis Court(s), Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School
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 |
|---|---|---|---|---|---|---|---|
|
04/07/2025
|
2 Bed
|
1 Bath
|
1200 ft²
|
$150,000
2 Bed
1 Bath
1200 ft²
|
-
-
|
Lisa Saulnier
Keller Williams Realty North Central
| |
|
06/19/2023
|
Loft
|
1 Bath
|
1358 ft²
|
$59,000
Loft
1 Bath
1358 ft²
|
$59,000
06/30/2023
|
Victoria Jeffrey
Straight Real Estate Solutions, LLC
| |
|
05/04/2023
|
2 Bed
|
1 Bath
|
1073 ft²
|
$225,000
2 Bed
1 Bath
1073 ft²
|
$225,000
08/01/2023
|
Christopher Joseph
Cameron Real Estate Group
| |
|
05/17/2022
|
Loft
|
1 Bath
|
1073 ft²
|
$209,000
Loft
1 Bath
1073 ft²
|
$210,000
+0.48%
07/12/2022
|
Chris Joseph
Carlson GMAC Real Estate
| |
|
10/28/2020
|
Loft
|
1 Bath
|
960 ft²
|
$64,900
Loft
1 Bath
960 ft²
|
$62,000
-4.47%
12/30/2020
|
Keisha Mason
eXp Realty
| |
|
08/05/2014
|
Loft
|
2 Bath
|
907 ft²
|
$55,000
Loft
2 Bath
907 ft²
|
$55,000
10/27/2014
|
Linn Clark
Century 21 North East
| |
|
04/17/2014
|
Loft
|
2 Bath
|
1013 ft²
|
$69,995
Loft
2 Bath
1013 ft²
|
$69,995
11/24/2014
|
Steve Granville Smith
Boston Realty Investments, LLC
| |
|
11/21/2013
|
3 Bed
|
2 Bath
|
1067 ft²
|
$89,995
3 Bed
2 Bath
1067 ft²
|
$80,000
-11.11%
02/24/2014
|
Linn Clark
Century 21 North East
| |
|
05/07/2013
| |
Loft
|
1 Bath
|
928 ft²
|
$25,000
Loft
1 Bath
928 ft²
|
$23,000
-8.00%
08/29/2013
|
JoAnne Hamberg-Magurn
Real Estate Exchange
|
|
03/12/2012
| |
Loft
|
1 Bath
|
980 ft²
|
$20,000
Loft
1 Bath
980 ft²
|
$18,500
-7.50%
10/12/2012
|
JoAnne Hamberg-Magurn
Real Estate Exchange
|
|
11/18/2010
| |
Loft
|
1 Bath
|
828 ft²
|
$25,000
Loft
1 Bath
828 ft²
|
$23,000
-8.00%
04/07/2011
|
JoAnne Hamberg-Magurn
Real Estate Exchange
|
|
06/02/2010
|
2 Bed
|
1 Bath
|
720 ft²
|
$40,000
2 Bed
1 Bath
720 ft²
|
-
-
|
Deborah Hayes
Keller Williams Realty-Merrimack
| |
|
01/26/2004
| |
2 Bed
|
1 Bath
|
840 ft²
|
$55,000
2 Bed
1 Bath
840 ft²
|
$55,000
03/15/2004
|
Carol O Hern
Prudential Prime Properties
|
Building Info
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