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Middlesex 01821
38 Riverhurst Rd
$504,000
● House - Off Market

38 Riverhurst Rd

Billerica, MA 01821
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,832 Ft²
$764,789
RealtyHop Estimate
49.99%
Since Feb 1, 2019
MA-Boston
Primary Model

About This Property

38 Riverhurst, BETTER THAN new construction!  No wait! Check out this OUTSTANDING home in the lovely community of Billerica, MA!  4br 3 FULL baths with master suite, hardwood floors, new furnace, central a/c, new windows, brand new driveway & walkways, new retaining wall & yard, walk-out basement with even more room for expansion/finished living areas.  Flexible, open floor-plan, with option to use room on first floor as bedroom.  NEW NEW NEW.  Gorgeous, Modern-Rustic Barndoor inspired sliding divider-door!  Established street/neighborhood, just MINUTES to Rt 3 & 495 commuter access, schools, shopping, dining, center of town activities, & MUCH MUCH MORE.  Clean, NEW, & MOVE-IN-READY!!! DO NOT MISS OUT!!!
Unit Size
1,832 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$278
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1980

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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 #72420651)

Price History

Date / Event Date Event Price
Jan 15, 2019 Sold
Premium
Sold
Nov 6, 2018 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $509,899
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Jun 20, 2018 Sold
Premium
Sold
Apr 26, 2018 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $299,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2018
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 20,560
  • Total Building Area: 1,591
  • Gross Building Area: 2,736
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000472
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0077 B:0027 L:2
  • Block: 27
  • Lot: 2
  • Municipality: BILLERICA
  • Latitude: 42.5431
  • Longitude: -71.2903

    Address

  • Full Address: 38 Riverhurst Rd
  • Address - House Number: 38
  • Address - Street Name: Riverhurst
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: C002
  • 4-Digit Zip Code: 3454
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $732,700

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 692,354
  • High Value: 813,377
  • Low Value: 571,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $649,000
  • Assessed Land Value: $292,200
  • Assessed Improvements Value: $356,800

    Sales

  • Current Sale Contract Date: Jan 11, 2019
  • Current Sale Recording Date: Jan 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1925
  • Previous Sale Recording Date: Jan 15, 2019
  • Previous Sale Contract Date: Jan 11, 2019
  • Previous Sale Amount: $504,000
  • Previous Sale Document Type: 71
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

2707 ft²

Average Home Age

65 years

Currently For Sale

3272 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72420651

Frequently Asked Questions

When was property at 38 Riverhurst Road built and last sold?
The property at 38 Riverhurst Road was built in 1980 and last sold on Jan 11, 2019 for $504,000.
How much is this home worth?
The estimated value of the home located at 38 Riverhurst Road is $527,447.
What are some comparable homes to 38 Riverhurst Road?
There are currently no comparable homes to 38 Riverhurst Road.
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