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Middlesex 01463
62 Bancroft St
$262,000
● House - Off Market

62 Bancroft St

Pepperell, MA 01463
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$519,113
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Just Remodeled!!!! New siding, replacement window, granite counter top, refinished hardwood floors. 4-bedrooms, 2 baths, stainless appliances. Corner lot, town water and new septic. Call for more details on the improvements.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
2.94 acres
Price per sqft
$182
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1933

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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 #71600610)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Sep 23, 2021 Listed by Champa Realty, Inc. $414,900
Listed by Champa Realty, Inc.
Jul 11, 2014 Sold
Premium
Sold
Oct 24, 2013 Listed by Champa Realty, Inc. $279,800
Listed by Champa Realty, Inc.
Jul 3, 2013 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 126,760
  • Total Building Area: 1,536
  • Gross Building Area: 3,292
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002910
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327103

Zoning

  • Zoning: TNR

Geography

  • Parcel: PEPP M:0037 B:0018 L:00000
  • Block: 18
  • Municipality: PEPPERELL
  • Latitude: 42.6399
  • Longitude: -71.625

    Address

  • Full Address: 62 Bancroft St
  • Address - House Number: 62
  • Address - Street Name: Bancroft
  • Address - Suffix Type: St
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R002
  • 4-Digit Zip Code: 1225
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,900

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 506,784
  • High Value: 629,827
  • Low Value: 383,742

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $478,700
  • Assessed Land Value: $185,400
  • Assessed Improvements Value: $293,300

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 238062
  • Previous Sale Recording Date: Jul 11, 2014
  • Previous Sale Amount: $262,000
  • 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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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# 71600610

Frequently Asked Questions

When was property at 62 Bancroft Street built and last sold?
The property at 62 Bancroft Street was built in 1933 and last sold on Oct 29, 2021 for $445,000.
How much is this home worth?
The estimated value of the home located at 62 Bancroft Street is $428,091.
What are some comparable homes to 62 Bancroft Street?
There are currently no comparable homes to 62 Bancroft Street.
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