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Middlesex
49 Colonial Drive
Photo of 49 Colonial Drive
Sold on Apr 9, 2010

1

Map

$280,000
● House - Off Market

49 Colonial Drive

Tewksbury, MA 01876
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,632 Ft²
$574,607
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Lovely Colonial set on a wooded 1 acre lot, 5 bedroom, 2 full bath with updated kitchen and hardwood floors. 1 bedroom on the 1st floor and 4 upstairs. In addition, 2 finished rooms in the basement has closets. A great home for a growing family. Motivated Seller! "AS IS".
Unit Size
1,632 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$172
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1967

Payment Calculator

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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 #71006889)

Price History

Date / Event Date Event Price
Apr 9, 2010 Sold
Premium
Sold
Dec 1, 2009 Listed $279,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,632
  • Gross Building Area: 2,766
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,632
  • 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: Tewksbury School District
  • School Tax School District: TEWKSBURY SD
  • Census Tract: 315500

Zoning

  • Zoning: RG

Geography

  • Parcel: TEWK M:0059 L:0045 U:0000
  • Lot: 45
  • Municipality: TEWKSBURY
  • Latitude: 42.5988
  • Longitude: -71.2242

    Address

  • Full Address: 49 Colonial Dr
  • Address - House Number: 49
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: C010
  • 4-Digit Zip Code: 2847
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $767,500

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 660,568
  • High Value: 782,508
  • Low Value: 538,629

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $573,200
  • Assessed Land Value: $305,500
  • Assessed Improvements Value: $267,700

    Sales

  • Current Sale Recording Date: Apr 09, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00014602
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65 years

Currently For Sale

3272 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

Unit for rent at 30 Four Seasons Drive, Hampstead, 01841

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,820 ft²
30 Four Seasons Drive #30, Hampstead, 01841

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71006889

Frequently Asked Questions

When was property at 49 Colonial Drive built and last sold?
The property at 49 Colonial Drive was built in 1967 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 49 Colonial Drive is $305,106.
What are some comparable homes to 49 Colonial Drive?
There are currently no comparable homes to 49 Colonial Drive.
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