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Middlesex
56 Clement Road
$486,000
● House - Off Market

56 Clement Road

Townsend, MA 01474
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,360 Ft²
$704,349
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

MOVE IN READY! 2360 SF Colonial.   FINISHED BONUS ROOM OVER THE GARAGE.  This farmer's porch colonial is set on a 2+ acre level lot in a 4 lot subdivision of  scenic country lots 1 mile from Rte 13 for an easy commute and close to all amenities. Ceramic Floors in Baths, Mudroom and Laundry Room. . Hardwood floors in the Foyer, fireplaced family room, dining area, kitchen and formal dining room/den. Kitchen has upgraded cabinets, granite counters, stainless steel appliances, A kitchen island for informal dining. Master Bedroom Suite ,with 8'x13' walk in closet. Full bath featuring a double vanity sink, upgraded custom tile walk in shower with glass doors in master bath.  Central Air, Recessed lighting, On demand hot water system. This home has it all.
Unit Size
2,360 Ft²
Days on Market
-
Land Size
2.03 acres
Price per sqft
$207
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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: 6 months ago (MLSPIN #72554560)

Price History

Date / Event Date Event Price
Mar 2, 2020 Sold
Premium
Sold
Aug 24, 2019 Listed by Karen Carnivale Real Esta $487,900
Listed by Karen Carnivale Real Esta

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 88,775
  • Total Building Area: 2,016
  • Gross Building Area: 4,560
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002038
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301102

Zoning

  • Zoning: RB2

Geography

  • District: 299
  • Parcel: TOWN M:0016 B:0005 L:0007
  • Block: 5
  • Lot: 7
  • Municipality: TOWNSEND
  • Latitude: 42.6512
  • Longitude: -71.7247

    Address

  • Full Address: 56 Clement Rd
  • Address - House Number: 56
  • Address - Street Name: Clement
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Townsend
  • Carrier Code: R001
  • 4-Digit Zip Code: 1115
  • Zip Code: 01474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $905,400

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 669,123
  • High Value: 789,953
  • Low Value: 548,293

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $628,300
  • Assessed Land Value: $100,500
  • Assessed Improvements Value: $527,800

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31013
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:

$822,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72554560

Frequently Asked Questions

When was property at 56 Clement Road built and last sold?
The property at 56 Clement Road was built in 2019 and last sold on Feb 28, 2020 for $486,000.
How much is this home worth?
The estimated value of the home located at 56 Clement Road is $522,423.
What are some comparable homes to 56 Clement Road?
There are currently no comparable homes to 56 Clement Road.
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