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Middlesex 01821
607 Middlesex Tpke
$755,000
● House - Off Market

607 Middlesex Tpke

Billerica, MA 01821
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,935 Ft²
$748,061
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Fully Renovated 4 Bedroom 2.5 Bathroom Home. This 3000+ Square Feet Home Features an Open Concept Kitchen W/ Stainless Steel Appliances, Quartz Countertops, Soft Close Cabinets, Bathrooms on Both Living Levels W/Tiled Showers & Master En-Suite Bath. Updates Include, New Windows, New Roof, New Plumbing & Electrical, Refinished Floors, Freshly Painted & Landscaped. Excellent Floorplan & Convenient Location.
Unit Size
2,935 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$256
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1920

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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 #73129315)

Price History

Date / Event Date Event Price
Jul 25, 2023 Sold
Premium
Sold
Jun 29, 2023 In contract -
In contract
Jun 24, 2023 Listed by Leverage Real Estate, LLC $750,000
Listed by Leverage Real Estate, LLC
Jan 11, 2023 Sold
Premium
Sold
Dec 8, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 15,076
  • Total Building Area: 2,935
  • Gross Building Area: 5,137
  • Building Area: 2,935
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,935
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0088 B:0078 L:0
  • Block: 78
  • Municipality: BILLERICA
  • Latitude: 42.5332
  • Longitude: -71.2637

    Address

  • Full Address: 607 Middlesex Tpke
  • Address - House Number: 607
  • Address - Street Name: Middlesex
  • Address - Suffix Type: Tpke
  • State: MA
  • City Name: Billerica
  • Carrier Code: C009
  • 4-Digit Zip Code: 4323
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 707,385
  • High Value: 830,978
  • Low Value: 583,791

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $539,000
  • Assessed Land Value: $250,200
  • Assessed Improvements Value: $288,800

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21565
  • Previous Sale Recording Date: Jan 11, 2023
  • Previous Sale Contract Date: Jan 09, 2023
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 35
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73129315

Frequently Asked Questions

When was property at 607 Middlesex Turnpike built and last sold?
The property at 607 Middlesex Turnpike was built in 1920 and last sold on Jul 21, 2023 for $755,000.
How much is this home worth?
The estimated value of the home located at 607 Middlesex Turnpike is $771,013.
What are some comparable homes to 607 Middlesex Turnpike?
There are currently no comparable homes to 607 Middlesex Turnpike.
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