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Middlesex
432 Main St
$360,000
● House - Off Market

432 Main St

Townsend, MA 01474
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,858 Ft²
$366,128
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Modern living with historical charm.  Sitting on 1 acre land, this four bedrooms 19th(1812) century period Colonial has gone through complete upgrade -- EXTERIOR: New roof, siding has been fresh painted, new front door with history character, new stone paved walkways, new Asphalt driveway. INTERIOR: New kitchen(granite countertop, T-shape hoop, electrical stove, dishwasher and refrigerator), new floor tile, vanity, toilet. All hardwood floors are sanded and painted. Barn: floor was re-structured with new framing. Washer and dryer stay. Nothing needed to be done but move in. Even better, if buyer wants to turn one or two of the first floor rooms into home offices, the seller may consider to help to install doors before closing. The seller will clean and tidy up the basement on or before closing.
Unit Size
1,858 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$188
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1812

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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: 6 months ago (MLSPIN #73016580)

Price History

Date / Event Date Event Price
Oct 7, 2022 Sold
Premium
Sold
Jul 24, 2022 Listed by Coldwell Banker Realty - Andover $349,900
Listed by Coldwell Banker Realty - Andover
Jan 7, 2022 Sold
Premium
Sold
Sep 26, 1985 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1812
  • Effective Year Built: 1812
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 980
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,504
  • Gross Building Area: 3,316
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301102

Zoning

  • Zoning: NCD

Geography

  • District: 299
  • Parcel: TOWN M:0048 B:0013 L:0000
  • Block: 13
  • Municipality: TOWNSEND
  • Latitude: 42.677
  • Longitude: -71.7393

    Address

  • Full Address: 432 Main St
  • Address - House Number: 432
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Townsend
  • Carrier Code: R004
  • 4-Digit Zip Code: 1021
  • Zip Code: 01474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $533,700

    Appraisal Valuation

  • Standard Deviation: 0.245
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 50
  • Final Value: 417,210
  • High Value: 519,436
  • Low Value: 314,983

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $370,400
  • Assessed Land Value: $95,800
  • Assessed Improvements Value: $274,600

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 151718
  • Previous Sale Recording Date: Jan 07, 2022
  • Previous Sale Contract Date: Jan 06, 2022
  • Previous Sale Amount: $186,000
  • 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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2702 ft²

Average Home Age

65.1 years

Currently For Sale

3031 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: 6 months ago
Data Source: MLS PIN, MLS# 73016580

Frequently Asked Questions

When was property at 432 Main Street built and last sold?
The property at 432 Main Street was built in 1812 and last sold on Oct 7, 2022 for $360,000.
How much is this home worth?
The estimated value of the home located at 432 Main Street is $378,825.
What are some comparable homes to 432 Main Street?
There are currently no comparable homes to 432 Main Street.
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