Essex
40 Village Road #PH4
30
Map
$579,000
↓ $20K (3.3%)
●
Condo -
For Sale
40 Village Road #PH4
Middleton, MA 01949
2 Beds
2 Baths
1589 Sqft
$4,321
Est. Monthly
$875
HOA / Fees
2.33%
Cap Rate
About This Property
RARELY OFFERED: This stunning 2-bedroom, 2-bath PENTHOUSE
condominium with an expansive open floor plan, flooded with natural
light and features a wall of windows that frame magnificent views.
The spacious living area seamlessly flows into the kitchen equipped
granite countertops, making it ideal for both entertaining and
everyday living. The master suite is a private retreat, with
en-suite bath. The second bedroom is spacious, offering flexibility
for guests, a home office, or a personal sanctuary. A private
balcony which extends across the entire length of the unit,
provides an ideal space for both relaxation and entertainment. From
here, you can enjoy breathtaking views of a manicured golf course,
the shimmering pool, and the trees that stretch into the horizon.
Single floor living at its finest with an all inclusive HOA fee.
This won't last!
Unit Size
1,589Ft²
Days on Market
28 days
Land Size
-
Price per sqft
$364
Property Type
Condo
Property Taxes
$603
HOA Dues
$875
Year Built
-
Listed By
Michael Maniscalco
Maniscalco Realty
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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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.
You can learn more about cap rate here .
Last updated: 5 days ago (MLSPIN #73326963)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2025 | Price Decreased |
$579,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jan 16, 2025 | Listed by Maniscalco Realty | $599,000 | |
| Listed by Maniscalco Realty | |||
Property Highlights
Garage
Parking Available
Elevator
Doorman
Air Conditioning
Interior Details
Level: First
Width: 9
Length: 13
Features: Flooring - Stone/Ceramic Tile
Area: 117
Level: First
Features: Bathroom - Full
Width: 10
Features: Balcony - Exterior, Chair Rail
Length: 15
Level: First
Area: 150
Features: Bathroom - Full
Level: First
Length: 21
Level: First
Area: 315
Features: Balcony - Exterior, Chair Rail
Width: 15
Features: Balcony - Exterior
Width: 12
Length: 15
Area: 180
Features: Walk-In Closet(s), Balcony - Exterior
Level: First
Length: 20
Width: 13
Area: 260
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Plumbed For Ice Maker
Flooring Type: Tile, Parquet
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 5
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Deeded, Common
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 17
Security Features: TV Monitor, Security Guard
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Ferncroft Tower
Structure Type: High-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Pool Features: Association, In Ground, Heated
Lot Size Units: Acres
Zoning: IH
Parcel Number: M:0021 A B:0000 L:1704 P, 3787679
Water Source: Public
Financial Details
Tax Assessed Value: $613,700
Tax Annual Amount: $7,236
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air, Unit Control
Heating Type: Forced Air, Natural Gas, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Electricity, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Elevator(s), Fitness Center, Sauna/Steam, Clubroom, Storage
Association Fee Frequency: Monthly
HOA Fee: $875
Community Features: Shopping, Pool, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site, Resident Superintendent
40 Village Road #PH4, Middleton, MA, 01949
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
2
Beds
2
Baths
1,765 ft²
$292/ft²
$515,000
Jun 9, 2022
$515,000
Jul 28, 2022
$1,353/mo
Condo
2
Beds
2
Baths
1,765 ft²
$309/ft²
$545,000
Sep 21, 2022
$545,000
Oct 28, 2022
$1,405/mo
Active
Condo
2
Beds
2
Baths
1,166 ft²
$480/ft²
$559,900
Dec 4, 2024
-
$1,014/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/26/2024
|
2 Bed
|
2 Bath
|
1765 ft²
|
$579,900
2 Bed
2 Bath
1765 ft²
|
$601,000
+3.64%
11/12/2024
|
-
|
Gerald Barrett
Barrett, Chris. J., REALTORS®
| |
|
05/23/2024
|
2 Bed
|
2 Bath
|
1513 ft²
|
$525,000
2 Bed
2 Bath
1513 ft²
|
-
-
|
-
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| |
|
05/16/2024
|
2 Bed
|
2 Bath
|
1513 ft²
|
$509,900
2 Bed
2 Bath
1513 ft²
|
$526,000
+3.16%
07/10/2024
|
-
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| |
|
04/30/2024
|
1 Bed
|
2 Bath
|
1209 ft²
|
$439,000
1 Bed
2 Bath
1209 ft²
|
$449,000
+2.28%
06/17/2024
|
-
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| |
|
04/03/2024
|
2 Bed
|
2 Bath
|
1640 ft²
|
$475,000
2 Bed
2 Bath
1640 ft²
|
$490,000
+3.16%
08/16/2024
|
-
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| |
|
01/18/2024
|
2 Bed
|
2 Bath
|
1531 ft²
|
$457,500
2 Bed
2 Bath
1531 ft²
|
$457,500
04/22/2024
|
-
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| |
|
11/28/2023
|
2 Bed
|
2 Bath
|
1765 ft²
|
$579,000
2 Bed
2 Bath
1765 ft²
|
$603,000
+4.15%
12/22/2023
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| ||
|
09/20/2023
|
2 Bed
|
2 Bath
|
1513 ft²
|
$499,900
2 Bed
2 Bath
1513 ft²
|
$490,000
-1.98%
10/31/2023
|
-
|
Susan Sinrich
Conway - Swampscott
| |
|
08/09/2023
|
1 Bed
|
2 Bath
|
1209 ft²
|
$405,000
1 Bed
2 Bath
1209 ft²
|
$430,000
+6.17%
10/07/2023
|
-
|
Ginny LeBlanc
Coldwell Banker Realty - Marblehead
| |
|
06/14/2023
|
1 Bed
|
2 Bath
|
1209 ft²
|
$449,500
1 Bed
2 Bath
1209 ft²
|
$440,000
-2.11%
08/11/2023
|
-
|
Candice Fontas
Engel & Völkers Newburyport
| |
|
04/14/2023
|
1 Bed
|
2 Bath
|
1209 ft²
|
$399,500
1 Bed
2 Bath
1209 ft²
|
$400,000
+0.13%
05/22/2023
|
Dmitriy Dribinskiy
Coldwell Banker Realty - Beverly
| ||
|
03/17/2023
|
2 Bed
|
2 Bath
|
1531 ft²
|
$449,000
2 Bed
2 Bath
1531 ft²
|
$415,000
-7.57%
07/26/2023
|
-
|
Pamela Cote
RE/MAX 360
| |
|
02/09/2023
|
2 Bed
|
2 Bath
|
1531 ft²
|
$439,000
2 Bed
2 Bath
1531 ft²
|
$371,000
-15.49%
06/09/2023
|
-
|
Pamela Eckmann
Coldwell Banker Realty - Beverly
| |
|
01/18/2023
|
1 Bed
|
2 Bath
|
945 ft²
|
$359,900
1 Bed
2 Bath
945 ft²
|
$360,000
+0.03%
03/15/2023
|
-
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| |
|
01/14/2023
|
1 Bed
|
2 Bath
|
945 ft²
|
$349,900
1 Bed
2 Bath
945 ft²
|
$325,000
-7.12%
03/14/2023
|
-
|
Gina Jones
Keller Williams Coastal Realty
| |
|
10/31/2022
|
2 Bed
|
4 Bath
|
2780 ft²
|
$975,000
2 Bed
4 Bath
2780 ft²
|
$880,000
-9.74%
01/31/2023
|
-
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| |
|
10/03/2022
|
2 Bed
|
2 Bath
|
1640 ft²
|
$475,000
2 Bed
2 Bath
1640 ft²
|
$420,000
-11.58%
12/14/2022
|
-
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| |
|
09/21/2022
|
2 Bed
|
2 Bath
|
1765 ft²
|
$525,000
2 Bed
2 Bath
1765 ft²
|
$545,000
+3.81%
10/28/2022
|
-
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| |
|
09/17/2021
|
2 Bed
|
2 Bath
|
1639 ft²
|
$459,000
2 Bed
2 Bath
1639 ft²
|
$455,000
-0.87%
12/23/2021
|
The Stead Team
Coldwell Banker Realty - Topsfield
| ||
|
02/05/2020
|
2 Bed
|
2 Bath
|
1531 ft²
|
$424,000
2 Bed
2 Bath
1531 ft²
|
$424,000
07/20/2020
|
Ann McGuiggin
Country Crossroads Realty Associates LLC
| ||
|
01/08/2020
|
1 Bed
|
2 Bath
|
1209 ft²
|
$319,000
1 Bed
2 Bath
1209 ft²
|
$319,000
05/29/2020
|
Ann McGuiggin
RE/MAX Innovative Properties
| ||
|
09/17/2019
|
2 Bed
|
2 Bath
|
1513 ft²
|
$409,000
2 Bed
2 Bath
1513 ft²
|
$412,000
+0.73%
10/31/2019
|
Team Cotraro - Mike & Mary
Country Crossroads Realty Associates LLC
| ||
|
09/22/2016
|
2 Bed
|
2 Bath
|
1639 ft²
|
$299,900
2 Bed
2 Bath
1639 ft²
|
$325,000
+8.37%
10/31/2016
|
Ron Messina
Keller Williams Realty Evolution
| ||
|
02/15/2016
|
2 Bed
|
2 Bath
|
1531 ft²
|
$279,900
2 Bed
2 Bath
1531 ft²
|
$280,000
+0.04%
08/01/2016
|
Ray McGuiggin
Keller Williams Realty Evolution
| ||
|
10/27/2015
|
2 Bed
|
2 Bath
|
1531 ft²
|
$350,000
2 Bed
2 Bath
1531 ft²
|
$355,000
+1.43%
12/17/2015
|
Mike Quail Home Selling Team
eXp Realty
| ||
|
10/24/2015
|
1 Bed
|
2 Bath
|
1209 ft²
|
$279,900
1 Bed
2 Bath
1209 ft²
|
$275,500
-1.57%
03/07/2016
|
The Cronin Team
Keller Williams Realty North Central
| ||
|
05/07/2015
|
2 Bed
|
2 Bath
|
1531 ft²
|
$269,000
2 Bed
2 Bath
1531 ft²
|
$270,000
+0.37%
06/19/2015
|
Deborah Caniff
Coldwell Banker Realty - Lynnfield
| ||
|
02/26/2015
|
1 Bed
|
2 Bath
|
1209 ft²
|
$264,000
1 Bed
2 Bath
1209 ft²
|
$264,000
05/28/2015
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| ||
|
01/19/2015
|
2 Bed
|
2 Bath
|
1531 ft²
|
$269,000
2 Bed
2 Bath
1531 ft²
|
$256,500
-4.65%
04/30/2015
|
Jessica Schenkel
Sagan Harborside Sotheby's International Realty
| ||
|
10/16/2014
|
2 Bed
|
2 Bath
|
1765 ft²
|
$377,888
2 Bed
2 Bath
1765 ft²
|
$368,500
-2.48%
07/23/2015
|
Sandra Warren
J. Barrett & Company
| ||
|
07/11/2014
|
2 Bed
|
2 Bath
|
1765 ft²
|
$314,900
2 Bed
2 Bath
1765 ft²
|
$305,000
-3.14%
03/17/2015
|
Andrew McCaul
Coldwell Banker Realty - Lynnfield
| ||
|
06/23/2014
|
1 Bed
|
2 Bath
|
1209 ft²
|
$267,750
1 Bed
2 Bath
1209 ft²
|
$263,000
-1.77%
09/10/2014
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| ||
|
09/07/2012
|
2 Bed
|
2 Bath
|
1531 ft²
|
$239,000
2 Bed
2 Bath
1531 ft²
|
$239,000
11/07/2012
|
Camille Sandler
Coldwell Banker Realty - Topsfield
| ||
|
08/24/2012
|
2 Bed
|
2 Bath
|
1765 ft²
|
$274,000
2 Bed
2 Bath
1765 ft²
|
$266,000
-2.92%
01/15/2013
|
Robin Chater
Berkshire Hathaway HomeServices Verani Realty
| ||
|
03/07/2012
|
2 Bed
|
2 Bath
|
1531 ft²
|
$349,000
2 Bed
2 Bath
1531 ft²
|
$340,000
-2.58%
06/29/2012
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| ||
|
06/17/2011
|
2 Bed
|
2 Bath
|
1765 ft²
|
$264,900
2 Bed
2 Bath
1765 ft²
|
$250,000
-5.62%
10/13/2011
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| ||
|
05/30/2011
|
2 Bed
|
2 Bath
|
1531 ft²
|
$269,000
2 Bed
2 Bath
1531 ft²
|
$265,000
-1.49%
08/08/2011
|
-
|
Rochelle Hale
Keller Williams Realty Evolution
| |
|
03/10/2011
|
1 Bed
|
2 Bath
|
945 ft²
|
$213,000
1 Bed
2 Bath
945 ft²
|
$208,000
-2.35%
08/23/2011
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
01/07/2011
|
2 Bed
|
2 Bath
|
1765 ft²
|
$279,000
2 Bed
2 Bath
1765 ft²
|
$260,000
-6.81%
02/28/2011
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
01/03/2011
|
2 Bed
|
2 Bath
|
1639 ft²
|
$279,000
2 Bed
2 Bath
1639 ft²
|
$266,500
-4.48%
04/29/2011
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
10/10/2010
|
2 Bed
|
2 Bath
|
1513 ft²
|
$329,900
2 Bed
2 Bath
1513 ft²
|
$315,000
-4.52%
09/15/2011
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| ||
|
06/16/2010
|
2 Bed
|
2 Bath
|
1765 ft²
|
$345,000
2 Bed
2 Bath
1765 ft²
|
$339,000
-1.74%
08/03/2010
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
06/08/2010
|
2 Bed
|
2 Bath
|
1531 ft²
|
$229,000
2 Bed
2 Bath
1531 ft²
|
$225,000
-1.75%
03/29/2011
|
Ray McGuiggin
EXIT Realty Beatrice Associates
| ||
|
05/16/2010
|
2 Bed
|
2 Bath
|
1531 ft²
|
$249,000
2 Bed
2 Bath
1531 ft²
|
$236,500
-5.02%
10/01/2010
|
Alan Indeck
Indeck Real Estate
| ||
|
02/15/2010
|
2 Bed
|
2 Bath
|
1531 ft²
|
$255,000
2 Bed
2 Bath
1531 ft²
|
$237,000
-7.06%
05/14/2010
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
01/10/2010
|
2 Bed
|
2 Bath
|
1513 ft²
|
$239,000
2 Bed
2 Bath
1513 ft²
|
$232,000
-2.93%
06/10/2010
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
12/08/2009
|
2 Bed
|
2 Bath
|
1531 ft²
|
$254,900
2 Bed
2 Bath
1531 ft²
|
$240,000
-5.85%
03/31/2010
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
11/06/2009
|
1 Bed
|
2 Bath
|
1209 ft²
|
$229,000
1 Bed
2 Bath
1209 ft²
|
$200,000
-12.66%
05/26/2010
|
-
|
Barbara Rossetti
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
09/22/2009
|
2 Bed
|
2 Bath
|
1531 ft²
|
$259,900
2 Bed
2 Bath
1531 ft²
|
$250,000
-3.81%
12/16/2009
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
09/09/2009
|
2 Bed
|
2 Bath
|
1765 ft²
|
$276,000
2 Bed
2 Bath
1765 ft²
|
$250,000
-9.42%
03/19/2010
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
09/01/2009
|
2 Bed
|
2 Bath
|
1639 ft²
|
$269,000
2 Bed
2 Bath
1639 ft²
|
$263,000
-2.23%
10/01/2009
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| ||
|
06/30/2009
|
1 Bed
|
2 Bath
|
945 ft²
|
$209,000
1 Bed
2 Bath
945 ft²
|
$200,000
-4.31%
10/29/2009
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
06/23/2009
|
2 Bed
|
2 Bath
|
1531 ft²
|
$225,000
2 Bed
2 Bath
1531 ft²
|
$225,000
09/29/2009
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
03/19/2009
|
1 Bed
|
2 Bath
|
1200 ft²
|
$239,900
1 Bed
2 Bath
1200 ft²
|
$229,000
-4.54%
09/29/2009
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
02/28/2009
|
2 Bed
|
2 Bath
|
1765 ft²
|
$269,900
2 Bed
2 Bath
1765 ft²
|
$245,000
-9.23%
12/08/2009
|
-
|
Sharyn Longo
The Thomson Companies
| |
|
01/12/2009
|
2 Bed
|
2 Bath
|
1531 ft²
|
$329,500
2 Bed
2 Bath
1531 ft²
|
$324,750
-1.44%
03/31/2009
|
-
|
Maria Gattuso
Mayflower Realty Group
| |
|
08/01/2008
|
1 Bed
|
2 Bath
|
1209 ft²
|
$215,000
1 Bed
2 Bath
1209 ft²
|
$207,000
-3.72%
02/06/2009
|
-
|
Ray McGuiggin
Country Crossroads Realty Associates LLC
| |
|
05/01/2008
|
2 Bed
|