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Essex
5 Nichols Ln
$590,000
● House - Off Market

5 Nichols Ln

Middleton, MA 01949
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,783 Ft²
$1,298,830
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Beautifully decorated  Col on lovely  ac lot.  12 rms, 4 bdrms, 3.5 bths, 3700+ sq ft liv area.  Tile kit w/sliders to lg deck & open to 23' fam rm w/lots of glass.  Din rm w/crn mold,  Liv rm w/ french drs to Office w/sliders.  Mast bdrm w/sitting area & balcony. Newer mast bth w/radiant limestone flrs, jac, steam shower & custom vanity. Finished LL to include kit plus two carpeted rms.  Unfin walkup attic w/cedar closet.  2 car gar, cent air/vac, alarm, generator, hardwds, views!   Must see
Unit Size
3,783 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$159
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1996

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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 #71258830)

Price History

Date / Event Date Event Price
May 18, 2021 Sold
Premium
Sold
Mar 2, 2021 Listed by Coldwell Banker Residential Brokerage - Topsfield $899,995
Listed by Coldwell Banker Residential Brokerage - Topsfield
Dec 16, 2011 Sold
Premium
Sold
Jul 8, 2011 Listed by Coldwell Banker Residential Brokerage - Topsfield $599,900
Listed by Coldwell Banker Residential Brokerage - Topsfield
Aug 31, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 390
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,430
  • Total Building Area: 3,334
  • Gross Building Area: 6,956
  • Building Area: 3,334
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,334
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FERNCROFT HEIGHTS
  • Land Acres: 0000000951
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 212101

Zoning

  • Zoning: R1B

Geography

  • Account Number: 9431
  • Parcel: MIDD M:0021 B:0000 L:0010 Q
  • Lot: 10 Q
  • Municipality: MIDDLETON
  • Latitude: 42.5998
  • Longitude: -70.9757

    Address

  • Full Address: 5 Nichols Ln
  • Address - House Number: 5
  • Address - Street Name: Nichols
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Middleton
  • Carrier Code: R005
  • 4-Digit Zip Code: 1522
  • Zip Code: 01949

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,253,300

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,146,442
  • High Value: 1,327,056
  • Low Value: 965,827

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,063,000
  • Assessed Land Value: $402,600
  • Assessed Improvements Value: $660,400

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210518005850
  • Previous Sale Recording Date: May 07, 2021
  • Previous Sale Contract Date: Apr 15, 2021
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: O
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 Essex

Stats & Trends

Median Asking:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 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: 5 months ago
Data Source: MLS PIN, MLS# 71258830

Frequently Asked Questions

When was property at 5 Nichols Lane built and last sold?
The property at 5 Nichols Lane was built in 1996 and last sold on May 18, 2021 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 5 Nichols Lane is $928,372.
What are some comparable homes to 5 Nichols Lane?
There are currently no comparable homes to 5 Nichols Lane.
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