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Middlesex 01469
4 Cherry Drive
$128,000
● House - Off Market

4 Cherry Drive

Townsend, MA 01469
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,470 Ft²
$473,016
RealtyHop Estimate
258.62%
Since Nov 1, 1997
National-US
Primary Model

About This Property

LOVELY 3BR COLONIAL IN A FAMILY NEIGHBORHOOD,FEATURING: NEW KITCHEN,HW FLRS THRU-OUT,1.5BATHS,FIN. BASEMENT AND LG WRAP-AROUND DECK,OVERLOOKING ABOVE GROUND POOL IN A NICLEY LANDSCAPED YARD. A MUST SEE.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$90
Property Type
House
Property Taxes
$170
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: 4 years ago (MLSPIN #30177856)

Price History

Date / Event Date Event Price
Oct 16, 1997 Sold
Premium
Sold
Aug 2, 1997 Listed by Harbor Realty $131,900
Listed by Harbor Realty
Feb 8, 1990 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,369
  • Total Building Area: 1,758
  • Gross Building Area: 2,520
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000468
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301102

Zoning

  • Zoning: RA3

Geography

  • District: 299
  • Parcel: TOWN M:0016 B:0049 L:0112
  • Block: 49
  • Lot: 112
  • Municipality: TOWNSEND
  • Latitude: 42.6483
  • Longitude: -71.7147

    Address

  • Full Address: 4 Cherry Dr
  • Address - House Number: 4
  • Address - Street Name: Cherry
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Townsend
  • Carrier Code: R001
  • 4-Digit Zip Code: 1222
  • Zip Code: 01469

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $489,100

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 448,885
  • High Value: 525,552
  • Low Value: 372,219

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $339,400
  • Assessed Land Value: $90,700
  • Assessed Improvements Value: $248,700

    Sales

  • Current Sale Recording Date: Oct 16, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 08, 1990
  • Previous Sale Amount: $125,000
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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: 4 years ago
Data Source: MLS PIN, MLS# 30177856

Frequently Asked Questions

When was property at 4 Cherry Drive built and last sold?
The property at 4 Cherry Drive was built in 1980 and last sold on Jan 1, 1970 for $128,000.
How much is this home worth?
The estimated value of the home located at 4 Cherry Drive is $0.
What are some comparable homes to 4 Cherry Drive?
There are currently no comparable homes to 4 Cherry Drive.
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