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Middlesex
48 Patten Rd
$500,000
● House - Off Market

48 Patten Rd

Westford, MA 01886
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,930 Ft²
$758,634
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Look No Further!  This Inviting 4 Bedroom, 2 Bath Home has a Spacious Upgraded Kitchen with Granite Countertops, Stainless Appliances and Breakfast Nook.  Dining area with Picture Window and new Flooring. Living Room Fireplace, Picture Window and Hardwood Flooring. Tiled Full Bath and 3 Bedrooms Up with Hardwood Flooring.  Master Bedroom on Lower Level with Master Bath and Outdoor Access to Beautiful Inground Pool and Patio. Large Family Room Leads to Lovely 3 Season Room. Dine Poolside or Relax on the Stone Terrace. Central Air and  2 Car Attached Garage.  All Located on a Generous Corner Lot Across the Street from Wooded Hiking Trails. Highway Access Minutes Away. Showings Begin at Open House on Saturday 1/20 from 12 to 2 PM.
Unit Size
1,930 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$254
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
1964

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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 #72271058)

Price History

Date / Event Date Event Price
Mar 16, 2018 Sold
Premium
Sold
Jan 16, 2018 Listed by Keller Williams Realty-Merrimack $489,900
Listed by Keller Williams Realty-Merrimack

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,084
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,152
  • Gross Building Area: 2,995
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westford School District
  • Census Tract: 318300

Zoning

  • Zoning: RA

Geography

  • Parcel: WFOR M:0020.0 P:0086 S:0000
  • Municipality: WESTFORD
  • Latitude: 42.5783
  • Longitude: -71.4679

    Address

  • Full Address: 48 Patten Rd
  • Address - House Number: 48
  • Address - Street Name: Patten
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westford
  • Carrier Code: R015
  • 4-Digit Zip Code: 2914
  • Zip Code: 01886

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $913,900

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 719,114
  • High Value: 848,529
  • Low Value: 589,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $663,700
  • Assessed Land Value: $303,700
  • Assessed Improvements Value: $360,000

    Sales

  • Current Sale Recording Date: Mar 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10438
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

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72271058

Frequently Asked Questions

When was property at 48 Patten Road built and last sold?
The property at 48 Patten Road was built in 1964 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 48 Patten Road is $514,689.
What are some comparable homes to 48 Patten Road?
There are currently no comparable homes to 48 Patten Road.
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