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Middlesex
4 Jerome Rd
$505,000
● House - Off Market

4 Jerome Rd

Tewksbury, MA 01876
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,300 Ft²
$857,312
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

100% finished and ready for immediate occupancy.New construction colonial features 2300 sqft of living space, 4 bedrooms, 2.5 baths, and a 2 car garage. Eat-in kitchen with granite countertops, breakfast bar, and sliders to deck. Formal dining room, living room, fireplace family room. Large master suite with duel sinks and walk-in closet. Granite and tile throughout baths, walk-up attic, forced hot air by gas heat, central air conditioning. Quick closing possible.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$217
Property Type
House
Property Taxes
$8,333,333
HOA Dues
-
Year Built
2015

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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 #71848667)

Price History

Date / Event Date Event Price
Mar 25, 2016 Sold
Premium
Sold
Jun 1, 2015 Listed by J. Borstell Real Estate, Inc. $499,900
Listed by J. Borstell Real Estate, Inc.
Apr 30, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,272
  • Gross Building Area: 4,664
  • Building Area: 2,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tewksbury School District
  • School Tax School District: TEWKSBURY SD
  • Census Tract: 315200

Zoning

  • Zoning: RG

Geography

  • Parcel: TEWK M:0034 L:0054 U:0000
  • Lot: 54
  • Municipality: TEWKSBURY
  • Latitude: 42.6149
  • Longitude: -71.2451

    Address

  • Full Address: 4 Jerome Rd
  • Address - House Number: 4
  • Address - Street Name: Jerome
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: C004
  • 4-Digit Zip Code: 2624
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $993,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 845,680
  • High Value: 975,832
  • Low Value: 715,529

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $742,200
  • Assessed Land Value: $256,700
  • Assessed Improvements Value: $485,500

    Sales

  • Current Sale Recording Date: Mar 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12349
  • Previous Sale Recording Date: Apr 30, 2015
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: O
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

2706 ft²

Average Home Age

65.2 years

Currently For Sale

3280 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 months ago
Data Source: MLS PIN, MLS# 71848667

Frequently Asked Questions

When was property at 4 Jerome Road built and last sold?
The property at 4 Jerome Road was built in 2015 and last sold on Jan 1, 1970 for $505,000.
How much is this home worth?
The estimated value of the home located at 4 Jerome Road is $531,633.
What are some comparable homes to 4 Jerome Road?
There are currently no comparable homes to 4 Jerome Road.
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