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Middlesex
480 Main Street
$227,000
● House - Off Market

480 Main Street

Townsend, MA 01474
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,597 Ft²
$374,584
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Well maintained Village Colonial offers 3 bedroom and 1.5 baths with a flexible floor plan. First floor level with updated eat-n kitchen, bedroom, den, living room and half bath with laundry hookup.   2nd floor with master bedroom and attached spare room great set up for an office or nursery.  Full bath and additional bedroom.  All appliances convey. Updates include furnace, oil tank, hot water tank and more.  Large rear deck with open level yard. Detached one car garage with plenty of work space. Paved shared driveway. Looking to downsize? This home offers desirable one floor living.  Title V Certified.
Unit Size
1,597 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$147
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1880

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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 #72152585)

Price History

Date / Event Date Event Price
Aug 7, 2017 Sold
Premium
Sold
Apr 25, 2017 Listed by Janet Cramb & Company Real Estate $234,900
Listed by Janet Cramb & Company Real Estate
Jun 18, 2004 Sold
Premium
Sold
Apr 13, 2004 Listed by Janet Cramb & Company Real Estate $209,000
Listed by Janet Cramb & Company Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 252
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,113
  • Total Building Area: 1,597
  • Gross Building Area: 2,368
  • Building Area: 1,597
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,597
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RA3

Geography

  • District: 299
  • Parcel: TOWN M:0011 B:0002 L:0000
  • Block: 2
  • Municipality: TOWNSEND
  • Latitude: 42.677
  • Longitude: -71.7475

    Address

  • Full Address: 480 Main St
  • Address - House Number: 480
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Townsend
  • Carrier Code: R004
  • 4-Digit Zip Code: 1018
  • Zip Code: 01474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $485,900

    Appraisal Valuation

  • Standard Deviation: 0.2497
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 50
  • Final Value: 255,252
  • High Value: 319,011
  • Low Value: 191,492

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $337,200
  • Assessed Land Value: $88,300
  • Assessed Improvements Value: $248,900

    Sales

  • Current Sale Recording Date: Aug 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125877
  • Previous Sale Recording Date: Jun 18, 2004
  • Previous Sale Amount: $195,000
  • 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

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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: 4 months ago
Data Source: MLS PIN, MLS# 72152585

Frequently Asked Questions

When was property at 480 Main Street built and last sold?
The property at 480 Main Street was built in 1880 and last sold on Jan 1, 1970 for $227,000.
How much is this home worth?
The estimated value of the home located at 480 Main Street is $260,380.
What are some comparable homes to 480 Main Street?
There are currently no comparable homes to 480 Main Street.
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