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Middlesex 01821
48 Tercentennial Dr
$360,000
● House - Off Market

48 Tercentennial Dr

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,968 Ft²
$602,059
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Been a maintained family home for 50+yrs. Has been well maintained and any new owner could apply their own updates. First floor has beautiful wood floors, gas log fire place in living room and well maintained original kitchen cabinets, Newer Gas oven (wall). and cook top. Upstairs has 2 front to back bedrooms and half bath   NO SHOWINGS UNTIL OPEN HOUSE SUNDAY (1-3.00pm)
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$183
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1962

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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 #71992911)

Price History

Date / Event Date Event Price
Jun 13, 2016 Sold
Premium
Sold
Apr 22, 2016 Listed by Coldwell Banker Residential Brokerage - Tewksbury $359,900
Listed by Coldwell Banker Residential Brokerage - Tewksbury

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,290
  • Total Building Area: 1,968
  • Gross Building Area: 3,017
  • Building Area: 1,968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,968
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316102

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0043 B:0046 L:0
  • Block: 46
  • Municipality: BILLERICA
  • Latitude: 42.5669
  • Longitude: -71.2428

    Address

  • Full Address: 48 Tercentennial Dr
  • Address - House Number: 48
  • Address - Street Name: Tercentennial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Billerica
  • Carrier Code: C008
  • 4-Digit Zip Code: 2951
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $613,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 655,173
  • High Value: 776,441
  • Low Value: 533,905

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $543,000
  • Assessed Land Value: $277,100
  • Assessed Improvements Value: $265,900

    Sales

  • Current Sale Recording Date: Jun 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 287172
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

3030 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: 6 months ago
Data Source: MLS PIN, MLS# 71992911

Frequently Asked Questions

When was property at 48 Tercentennial Drive built and last sold?
The property at 48 Tercentennial Drive was built in 1962 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 48 Tercentennial Drive is $390,421.
What are some comparable homes to 48 Tercentennial Drive?
There are currently no comparable homes to 48 Tercentennial Drive.
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