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Middlesex 01450
6 Island Road
$229,000
● House - Off Market

6 Island Road

Groton, MA 01450
bedrooms
1 Bed
bathrooms
1 Bath
square feet
648 Ft²
$387,386
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Beautiful Waterfront on Knops Pond! Rare opportunity to own property on Knops Pond with approximately 100 feet of waterfront. This well loved home is ready for it's new owner. There is an adorable eat in country kitchen, living room with floor to ceiling brick fireplace and wood stove, master bedroom, full bath, den and  sun room overlooking the pond. You'll be on vacation, right at home, all year long! Swim, boat, fish, water ski, ice skate or just enjoy the beautiful views of the pond and everything nature has to offer. New Roof in 2014. Title V has passed-This is NOT a tight tank. Quick closing possible.
Unit Size
648 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$353
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1968

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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 #71971696)

Price History

Date / Event Date Event Price
Jul 29, 2016 Sold
Premium
Sold
Mar 14, 2016 Listed by MRM Associates $229,000
Listed by MRM Associates
Aug 30, 1976 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 648
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 648
  • Gross Building Area: 1,735
  • Building Area: 648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 648
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton-Dunstable School District
  • School Tax School District: GROTN-DUNSTBLE
  • Census Tract: 326102

Zoning

  • Zoning: RA

Geography

  • Account Number: 10
  • Parcel: GROT M:131 B:47 L:
  • Block: 47
  • Municipality: GROTON
  • Latitude: 42.5909
  • Longitude: -71.5216

    Address

  • Full Address: 6 Island Rd
  • Address - House Number: 6
  • Address - Street Name: Island
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Groton
  • Carrier Code: R006
  • 4-Digit Zip Code: 2121
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,100

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 446,733
  • High Value: 526,509
  • Low Value: 366,958

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,600
  • Assessed Land Value: $249,900
  • Assessed Improvements Value: $112,700

    Sales

  • Current Sale Recording Date: Aug 30, 1976
  • Current Sale Price:
    Premium
  • Current 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

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.2 years

Currently For Sale

3236 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: 5 months ago
Data Source: MLS PIN, MLS# 71971696

Frequently Asked Questions

When was property at 6 Island Road built and last sold?
The property at 6 Island Road was built in 1968 and last sold on Jan 1, 1970 for $29,900.
How much is this home worth?
The estimated value of the home located at 6 Island Road is $236,511.
What are some comparable homes to 6 Island Road?
There are currently no comparable homes to 6 Island Road.
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