Middlesex
60 Apache Way #60
$450,000
●
Condo -
Off Market
60 Apache Way #60
Tewksbury, MA 01876
2 Beds
2 Baths,
1
Half Bath
1,274 Ft²
$3,032
Est. Monthly
$385
HOA / Fees
5.80%
Cap Rate
About This Property
Well-maintained 2-bedroom, 1.5-bath END UNIT townhouse with garage
in sought-after Indian Ridge Complex. Features include a shared
courtyard and a rear deck overlooking a peaceful pond with a
fountain, perfect for relaxation. The first floor showcases a
kitchen with white appliances, and gas cooking, alongside a
spacious living room with a wood-burning fireplace. Also on this
level are a formal dining room, a half bath, and a convenient
laundry area. Upstairs, the primary bedroom offers a walk-in closet
plus an additional bonus closet. A second large bedroom, a recently
updated full bath, and a pull-down attic for additional storage
complete this level. The basement includes garage access and
mudroom. Complex amenities feature a tennis court, clubhouse, and
workout facility. The association is pet-friendly and
professionally managed
Unit Size
1,274 Ft²
Days on Market
-
Land Size
-
Price per sqft
$353
Property Type
Condo
Property Taxes
$437
HOA Dues
$385
Year Built
-
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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: 3 years ago (MLSPIN #73262413)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by J. Borstell Real Estate, Inc. | $449,900 | |
| Listed by J. Borstell Real Estate, Inc. | |||
| May 26, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by J. Borstell Real Estate, Inc. | $339,900 | |
| Listed by J. Borstell Real Estate, Inc. | |||
| | |||
|
Well maintained 2 bedroom, 1.5 bath, 1 car garage townhouse in the sought after Indian Ridge Complex. In the front of the unit you will find a shared courtyard and in the back of the unit you will find a deck that looks out to a small pond with a water fountain. There is no better way to relax than on this deck listening to the fountain. The first floor boasts a galley kitchen, dining area, and a wood burning fireplace living room. The laundry area and a newly updated half bath complete the first floor. The second floor features a large master bedroom with a walk-in closet and an additional closet for bonus storage. The large second bedroom and recently updated full bath complete this floor. In the basement you will find a garage and a mudroom. The condo fee includes water/sewer, exterior maintenance, landscaping, snow removal (front and back walkway as well as your driveway). The complex also features a tennis court, clubhouse, and workout facility. Pull-down attic for extra storage!
| |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 10.666666
Length: 7.833333
Features: Flooring - Vinyl, Gas Stove
Area: 83.555555
Level: Second
Area: 60.166666
Width: 6.333333
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Countertops - Stone/Granite/Solid
Length: 9.5
Area: 29.402777
Features: Bathroom - Half, Flooring - Vinyl, Countertops - Stone/Granite/Solid
Length: 6.083333
Level: First
Width: 4.833333
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 9
Length: 18.5
Area: 166.5
Width: 9.833333
Features: Flooring - Vinyl
Length: 7.833333
Level: First
Area: 77.027777
Length: 22
Level: First
Area: 462
Features: Flooring - Vinyl, Deck - Exterior, Recessed Lighting, Slider
Width: 21
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Closet - Double
Level: Second
Length: 18
Width: 13.833333
Area: 249
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry Features: Gas Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Indian Ridge
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: MFD
Parcel Number: M:0099 L:0092 U:U060, 797470
Water Source: Public
Financial Details
Tax Assessed Value: $391,700
Tax Annual Amount: $5,245
Utilities Details
Utilities: for Gas Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Tennis Court(s), Fitness Center, Clubroom
HOA Fee: $385
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2024
|
2 Bed
|
2 Bath
|
1274 ft²
|
$449,900
2 Bed
2 Bath
1274 ft²
|
$450,000
+0.02%
09/22/2024
|
Bridget Conroy
Coldwell Banker Realty - Milton
| |
|
04/16/2021
|
2 Bed
|
2 Bath
|
1274 ft²
|
$339,900
2 Bed
2 Bath
1274 ft²
|
$375,000
+10.33%
05/26/2021
|
Jeffrey Borstell
J. Borstell Real Estate, Inc.
| |
|
06/21/2018
|
2 Bed
|
2 Bath
|
1274 ft²
|
$295,000
2 Bed
2 Bath
1274 ft²
|
$295,000
08/15/2018
|
Marie Gordinier
New Age Real Estate
| |
|
06/17/2016
|
2 Bed
|
2 Bath
|
1274 ft²
|
$245,000
2 Bed
2 Bath
1274 ft²
|
$245,000
08/10/2016
|
Marcy Ragucci
Lamacchia Realty, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017