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Middlesex 01821
496 Middlesex Turnpike
$128,500
● House - Off Market

496 Middlesex Turnpike

Billerica, MA 01821
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,028 Ft²
$468,891
RealtyHop Estimate
245.03%
Since May 1, 1999
MA-Boston
Primary Model

About This Property

THIS IS NOT A DRIVE BY HOME.  COME INSIDE AND SEE HOW GREAT A STARTER HOME THIS CAN BE. FORMAL DINING ROOM, FIRST FLOOR LAUNDRY, LARGE LIVING ROOM. ELECTRIC HAS BEEN UPDATED AS WELL AS THE HEATING SYSTEM. NEWLY INSULATED. WORTH SEEING!!
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$132
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1930

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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 years ago (MLSPIN #30268220)

Price History

Date / Event Date Event Price
Apr 30, 1999 Sold
Premium
Sold
Oct 15, 1998 Listed by Travis Realty, Inc. $135,900
Listed by Travis Realty, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 950
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,540
  • Total Building Area: 1,372
  • Gross Building Area: 3,306
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 1

Geography

  • District: 31
  • Parcel: BILL M:0078 B:0034 L:0
  • Block: 34
  • Municipality: BILLERICA
  • Latitude: 42.5392
  • Longitude: -71.2701

    Address

  • Full Address: 496 Middlesex Tpke
  • Address - House Number: 496
  • Address - Street Name: Middlesex
  • Address - Suffix Type: Tpke
  • State: MA
  • City Name: Billerica
  • Carrier Code: C009
  • 4-Digit Zip Code: 3514
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $432,500

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 474,765
  • High Value: 567,840
  • Low Value: 381,691

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $383,100
  • Assessed Land Value: $235,800
  • Assessed Improvements Value: $147,300

    Sales

  • Current Sale Recording Date: Apr 30, 1999
  • Current Sale Price:
    Premium
  • Current 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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 years ago
Data Source: MLS PIN, MLS# 30268220

Frequently Asked Questions

When was property at 496 Middlesex Turnpike built and last sold?
The property at 496 Middlesex Turnpike was built in 1930 and last sold on Jan 1, 1970 for $128,500.
How much is this home worth?
The estimated value of the home located at 496 Middlesex Turnpike is $154,292.
What are some comparable homes to 496 Middlesex Turnpike?
There are currently no comparable homes to 496 Middlesex Turnpike.
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