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Middlesex 01821
592 Middlesex Tpke
$293,000
● House - Off Market

592 Middlesex Tpke

Billerica, MA 01821
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,870 Ft²
$521,526
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Spacious Cape style home w/expansion possibilities on just about a half an acre of land. Enjoy the wonders of nature from the back deck all screened in. Entertain in the amazing great room with french doors to the deck, cathedral ceiling, and lots of natural light. Cozy living room with hardwood floors and gas fireplace. Formal dining room for special occasions but you can use it everyday! Enjoy nature from the screened in porch overlooking the yard. Garden in the huge established raised bed. Many flowers through out the landscape. You can finish the partially finished upstairs for the 2nd & 3rd brs.
Unit Size
1,870 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$160
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1947

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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 months ago (MLSPIN #71864932)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Sep 1, 2015 Sold
Premium
Sold
Jun 26, 2015 Listed by RE/MAX Real Estate Group $299,900
Listed by RE/MAX Real Estate Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,628
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 3,744
  • Gross Building Area: 5,088
  • Building Area: 3,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,744
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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:0088 B:0094 L:0
  • Block: 94
  • Municipality: BILLERICA
  • Latitude: 42.5343
  • Longitude: -71.264

    Address

  • Full Address: 592 Middlesex Tpke
  • Address - House Number: 592
  • Address - Street Name: Middlesex
  • Address - Suffix Type: Tpke
  • State: MA
  • City Name: Billerica
  • Carrier Code: C009
  • 4-Digit Zip Code: 3523
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $782,800

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 779,205
  • High Value: 915,555
  • Low Value: 642,854

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $693,400
  • Assessed Land Value: $263,100
  • Assessed Improvements Value: $430,300

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13282
  • Previous Sale Recording Date: Sep 01, 2015
  • Previous Sale Amount: $293,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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 months ago
Data Source: MLS PIN, MLS# 71864932

Frequently Asked Questions

When was property at 592 Middlesex Turnpike built and last sold?
The property at 592 Middlesex Turnpike was built in 1947 and last sold on Mar 25, 2022 for $577,000.
How much is this home worth?
The estimated value of the home located at 592 Middlesex Turnpike is $339,789.
What are some comparable homes to 592 Middlesex Turnpike?
There are currently no comparable homes to 592 Middlesex Turnpike.
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