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Middlesex 01463
7 Bancroft Street
$245,000
● House - Off Market

7 Bancroft Street

Pepperell, MA 01463
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,550 Ft²
$457,829
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Quiet country setting for this charming Split with great layout, living room with fireplace and sunny kitchen with granite counter tops and dining area overlooking large oversize deck. Upgrades include replacement windows, fresh paint, newer roof, heating system and more!  Three bedrooms and full bath on first level. Lower level offers over size family room with wood stove and new sliders to back yard. Laundry room and office/guest room complete the finished space.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
1.49 acres
Price per sqft
$158
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1976

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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 #71752015)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by CW Lorden Real Estate $379,000
Listed by CW Lorden Real Estate
Dec 8, 2014 Sold
Premium
Sold
Oct 2, 2014 Listed by CW Lorden Real Estate $245,000
Listed by CW Lorden Real Estate
Aug 26, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 920
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 64,904
  • Total Building Area: 1,420
  • Gross Building Area: 2,266
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001490
  • 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: RUR

Geography

  • Parcel: PEPP M:0033 B:0243 L:00000
  • Block: 243
  • Municipality: PEPPERELL
  • Latitude: 42.6515
  • Longitude: -71.6277

    Address

  • Full Address: 7 Bancroft St
  • Address - House Number: 7
  • Address - Street Name: Bancroft
  • Address - Suffix Type: St
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R002
  • 4-Digit Zip Code: 1226
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,600

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 517,394
  • High Value: 602,912
  • Low Value: 431,877

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $443,600
  • Assessed Land Value: $158,500
  • Assessed Improvements Value: $285,100

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 220816
  • Previous Sale Recording Date: Dec 08, 2014
  • Previous Sale Amount: $245,000
  • 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# 71752015

Frequently Asked Questions

When was property at 7 Bancroft Street built and last sold?
The property at 7 Bancroft Street was built in 1976 and last sold on Oct 6, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 7 Bancroft Street is $397,757.
What are some comparable homes to 7 Bancroft Street?
There are currently no comparable homes to 7 Bancroft Street.
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