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Middlesex 01450
40 Lakeside Drive
$372,500
● House - Off Market

40 Lakeside Drive

Groton, MA 01450
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,874 Ft²
$661,233
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

This classic cape home is tucked away on 1+ wooded acres in a neighborhood setting. Easy commuting access to Rte 495 and just outside the quaint center of Groton which offers a walkable center with shops and dining. Enjoy the spacious front to back family room while entertaining your family and friends! Two firelaces to enjoy. Escape out back to your private brand new back deck. There is a two car garage with plenty of storage and  parking. Immediate occupancy possible. Don't wait - take a look now!
Unit Size
1,874 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$203
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1978

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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 months ago (MLSPIN #71936400)

Price History

Date / Event Date Event Price
Mar 28, 2016 Sold
Premium
Sold
Nov 27, 2015 Listed by William Raveis R.E. & Home Services $379,900
Listed by William Raveis R.E. & Home Services
Oct 27, 2006 Sold
Premium
Sold
Sep 7, 2006 Listed by William Raveis R.E. & Home Services $352,500
Listed by William Raveis R.E. & Home Services
Aug 29, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 988
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,883
  • Total Building Area: 1,874
  • Gross Building Area: 4,116
  • Building Area: 1,874
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,874
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001099
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton-Dunstable School District
  • School Tax School District: GROTN-DUNSTBLE
  • Census Tract: 326102

Zoning

  • Zoning: RA

Geography

  • Account Number: 4100
  • Parcel: GROT M:122 B:82 L:
  • Block: 82
  • Municipality: GROTON
  • Latitude: 42.5879
  • Longitude: -71.5314

    Address

  • Full Address: 40 Lakeside Dr
  • Address - House Number: 40
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Groton
  • Carrier Code: R001
  • 4-Digit Zip Code: 2075
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $832,700

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 666,076
  • High Value: 777,611
  • Low Value: 554,541

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,400
  • Assessed Land Value: $215,200
  • Assessed Improvements Value: $317,200

    Sales

  • Current Sale Recording Date: Mar 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46496
  • Previous Sale Recording Date: Oct 27, 2006
  • Previous Sale Amount: $348,000
  • 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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71936400

Frequently Asked Questions

When was property at 40 Lakeside Drive built and last sold?
The property at 40 Lakeside Drive was built in 1978 and last sold on Jan 1, 1970 for $372,500.
How much is this home worth?
The estimated value of the home located at 40 Lakeside Drive is $407,577.
What are some comparable homes to 40 Lakeside Drive?
There are currently no comparable homes to 40 Lakeside Drive.
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