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Middlesex
55 Walnut Road
$450,000
● House - Off Market

55 Walnut Road

Tewksbury, MA 01876
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,130 Ft²
$593,210
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Newly updated ranch in Tewksbury neighborhood setting! New electrical, plumbing, and high efficiency heating with super storage system in the past 4 years. Gleaming wood floors throughout first floor. Fenced in yard with large storage shed and lots of parking. Home is wired for a full house generator. Basement framed out and ready for new owner to finish the space. Come make this home your own!
Unit Size
1,130 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$389
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1974

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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 #72663574)

Price History

Date / Event Date Event Price
Jul 16, 2020 Sold
Premium
Sold
May 28, 2020 Listed by RE/MAX Triumph Realty $439,900
Listed by RE/MAX Triumph Realty
Jun 8, 2016 Sold
Premium
Sold
Apr 25, 2016 Listed by RE/MAX Triumph Realty $309,900
Listed by RE/MAX Triumph Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 8,750
  • Total Building Area: 1,130
  • Gross Building Area: 2,342
  • Building Area: 1,130
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,130
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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:0069 L:0046 U:0000
  • Lot: 46
  • Municipality: TEWKSBURY
  • Latitude: 42.576
  • Longitude: -71.2127

    Address

  • Full Address: 55 Walnut Rd
  • Address - House Number: 55
  • Address - Street Name: Walnut
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: C009
  • 4-Digit Zip Code: 4025
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $695,100

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 596,746
  • High Value: 697,336
  • Low Value: 496,157

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $519,100
  • Assessed Land Value: $241,200
  • Assessed Improvements Value: $277,900

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32094
  • Previous Sale Recording Date: Jun 08, 2016
  • Previous Sale Amount: $316,000
  • 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72663574

Frequently Asked Questions

When was property at 55 Walnut Road built and last sold?
The property at 55 Walnut Road was built in 1974 and last sold on Jul 15, 2020 for $450,000.
How much is this home worth?
The estimated value of the home located at 55 Walnut Road is $443,347.
What are some comparable homes to 55 Walnut Road?
There are currently no comparable homes to 55 Walnut Road.
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