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Middlesex 01821
414 Middlesex Turnpike
Photo of 414 Middlesex Turnpike
Sold on Dec 20, 2007

1

Map

$315,000
● House - Off Market

414 Middlesex Turnpike

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$629,903
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

Beautiful newly remodeled 6 room Cape. Easy access to routes 3/128/495/93 and shopping. Features include a 3 season sunroom, newer replacement windows, gleaming hardwood floors throughout entire first floor. Newly remodeled kitchen featuring custom cabinets, countertops and new appliances. Second level has wall to wall carpet in both bedrooms with many windows allowing abundant sunshine, including a newly installed bathroom. A large, level backyard perfect for children to play or for gardening.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$224
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1955

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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 #70675164)

Price History

Date / Event Date Event Price
Dec 20, 2007 Sold
Premium
Sold
Nov 8, 2007 Listed $319,900
Listed
Oct 9, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,501
  • Total Building Area: 1,428
  • Gross Building Area: 2,865
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000379
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0069 B:0007 L:0
  • Block: 7
  • Municipality: BILLERICA
  • Latitude: 42.5466
  • Longitude: -71.2785

    Address

  • Full Address: 414 Middlesex Tpke
  • Address - House Number: 414
  • Address - Street Name: Middlesex
  • Address - Suffix Type: Tpke
  • State: MA
  • City Name: Billerica
  • Carrier Code: C009
  • 4-Digit Zip Code: 3506
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,600

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 531,723
  • High Value: 659,694
  • Low Value: 403,753

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,600
  • Assessed Land Value: $254,000
  • Assessed Improvements Value: $234,600

    Sales

  • Current Sale Recording Date: Dec 20, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00064512
  • Previous Sale Recording Date: Oct 09, 2007
  • Previous Sale Amount: $150,000
  • 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:

$810,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2677 ft²

Average Home Age

65.7 years

Currently For Sale

3239 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# 70675164

Frequently Asked Questions

When was property at 414 Middlesex Turnpike built and last sold?
The property at 414 Middlesex Turnpike was built in 1955 and last sold on Jan 1, 1970 for $315,500.
How much is this home worth?
The estimated value of the home located at 414 Middlesex Turnpike is $339,546.
What are some comparable homes to 414 Middlesex Turnpike?
There are currently no comparable homes to 414 Middlesex Turnpike.
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