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Middlesex
4 Wallace Road
Photo of 4 Wallace Road
Sold on Jul 27, 2006

1

Map

$386,500
● House - Off Market

4 Wallace Road

Billerica, MA 01862
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$704,121
RealtyHop Estimate
80.59%
Since Aug 1, 2006
MA-Boston
Primary Model

About This Property

Charm of "yester-years" with the comforts of today!  Come see this updated colonial in North Billerica, offering a new kitchen with granite countertops & shaker-style cabinets, new half bath, generous closet space, bay windows in the Living & Dining Rooms, beautiful hardwood floors and period detail.  The picturesque patio area in the level, landscaped backyard is ideal for entertaining or quiet solitude.  Conveniently located close to transportation, park & elementary school.  A true delight!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$279
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1909

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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 #70398209)

Price History

Date / Event Date Event Price
Jul 28, 2006 Sold
Premium
Sold
Jun 1, 2006 Listed $389,900
Listed
Nov 27, 2000 Sold
Premium
Sold
Jul 21, 2000 Listed $234,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 700
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,245
  • Total Building Area: 1,400
  • Gross Building Area: 2,238
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000281
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316500

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0010 B:0211 L:4
  • Block: 211
  • Lot: 4
  • Municipality: BILLERICA
  • Latitude: 42.59
  • Longitude: -71.2725

    Address

  • Full Address: 4 Wallace Rd
  • Address - House Number: 4
  • Address - Street Name: Wallace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Billerica
  • Carrier Code: R012
  • 4-Digit Zip Code: 1716
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $569,200

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 607,630
  • High Value: 714,983
  • Low Value: 500,277

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $504,200
  • Assessed Land Value: $281,300
  • Assessed Improvements Value: $222,900

    Sales

  • Current Sale Recording Date: Jul 28, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00041982
  • Previous Sale Recording Date: Nov 27, 2000
  • Previous Sale Amount: $234,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2676 ft²

Average Home Age

65.4 years

Currently For Sale

3300 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# 70398209

Frequently Asked Questions

When was property at 4 Wallace Road built and last sold?
The property at 4 Wallace Road was built in 1909 and last sold on Jan 1, 1970 for $386,500.
How much is this home worth?
The estimated value of the home located at 4 Wallace Road is $399,664.
What are some comparable homes to 4 Wallace Road?
There are currently no comparable homes to 4 Wallace Road.
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