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Middlesex 01821
5 Lakeview Drive
Photo of 5 Lakeview Drive
Sold on Oct 16, 2006

1

Map

$261,000
● House - Off Market

5 Lakeview Drive

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,264 Ft²
$521,248
RealtyHop Estimate
85.50%
Since Nov 1, 2006
MA-Boston
Primary Model

About This Property

We have a pretty home, you could call it a Cape!.... With sunshine and space and a view of the lake.... Gardens, a shed and parking a plenty.... And look, we're not asking a million and twenty!.... Just two eighty one gets you right in the door(s).... Come take a peek and make our home yours.
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$222
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1905

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70362494)

Price History

Date / Event Date Event Price
Oct 17, 2006 Sold
Premium
Sold
Apr 6, 2006 Listed $281,000
Listed
Jun 27, 2002 Sold
Premium
Sold
Apr 11, 2002 Listed by Barrett Sotheby's International Realty $249,000
Listed by Barrett Sotheby's International Realty
SUNNY,SPARKLING 3 BR CAPE. LIVING RM/DINING COMBO W/PICTURE WINDOW W/VIEW OF BEAUTIFUL NUTTING LAKE! GOOD SIZE YARD. GARAGE. MINUTES TO MAJOR RTS & SHOPPING. NEIGHBORHOOD BEACH & LAKE ACCESS.
Dec 15, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 600
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,697
  • Total Building Area: 1,158
  • Gross Building Area: 2,184
  • Building Area: 1,158
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,158
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • 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:0087 B:0183 L:0
  • Block: 183
  • Municipality: BILLERICA
  • Latitude: 42.5332
  • Longitude: -71.2722

    Address

  • Full Address: 5 Lakeview Dr
  • Address - House Number: 5
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Billerica
  • Carrier Code: C009
  • 4-Digit Zip Code: 4055
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $481,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 503,113
  • High Value: 599,197
  • Low Value: 407,030

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $426,200
  • Assessed Land Value: $246,800
  • Assessed Improvements Value: $179,400

    Sales

  • Current Sale Recording Date: Oct 17, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00057722
  • Previous Sale Recording Date: Dec 15, 1993
  • Previous Sale Amount: $70,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2722 ft²

Average Home Age

65.1 years

Currently For Sale

3073 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70362494

Frequently Asked Questions

When was property at 5 Lakeview Drive built and last sold?
The property at 5 Lakeview Drive was built in 1905 and last sold on Jan 1, 1970 for $261,000.
How much is this home worth?
The estimated value of the home located at 5 Lakeview Drive is $296,957.
What are some comparable homes to 5 Lakeview Drive?
There are currently no comparable homes to 5 Lakeview Drive.
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