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Middlesex 01821
7 Charlesgate Road
$461,000
● House - Off Market

7 Charlesgate Road

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,791 Ft²
$666,122
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

WELCOME to Charlesgate Road, HIGHLY SOUGHT AFTER COUNTRY CLUB NEIGHBORHOOD!  Well cared for Multi-Level on manicured CORNER LOT awaits you. Sun-filled home includes formal living and dining space, EAT IN KITCHEN, half bath and THREE SEASON'S porch on main level. Just a few stairs up, awaits three beautiful HARDWOOD FLOOR bedrooms, full bathroom, and pull down attic. Lower level offers family-living or office space, as well as additional storage, and walk out sliding doors.  Fire up the grill, get the badminton nets and corn hole board ready for your next summer gathering on nearly an ACRE LOT!  Bring your ideas to this amazing home and make it your own!  SHOWINGS START THURSDAY 5:30PM during COMMUTER OPEN HOUSE.
Unit Size
1,791 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$251
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1966

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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 #72335411)

Price History

Date / Event Date Event Price
Jul 20, 2018 Sold
Premium
Sold
May 30, 2018 Listed by Classified Realty Group $449,900
Listed by Classified Realty Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 552
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 30,405
  • Total Building Area: 1,708
  • Gross Building Area: 2,638
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASTLEWOOD EAST
  • Land Acres: 0000000698
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316101

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0054 B:0115 L:0
  • Block: 115
  • Municipality: BILLERICA
  • Latitude: 42.5592
  • Longitude: -71.2266

    Address

  • Full Address: 7 Charlesgate Rd
  • Address - House Number: 7
  • Address - Street Name: Charlesgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: C004
  • 4-Digit Zip Code: 3205
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $594,400

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 628,278
  • High Value: 744,568
  • Low Value: 511,988

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $526,500
  • Assessed Land Value: $320,600
  • Assessed Improvements Value: $205,900

    Sales

  • Current Sale Recording Date: Jul 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30799
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

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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

Unit for rent at 30 Four Seasons Drive, Hampstead, 01841

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,820 ft²
30 Four Seasons Drive #30, Hampstead, 01841

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72335411

Frequently Asked Questions

When was property at 7 Charlesgate Road built and last sold?
The property at 7 Charlesgate Road was built in 1966 and last sold on Jan 1, 1970 for $461,000.
How much is this home worth?
The estimated value of the home located at 7 Charlesgate Road is $474,080.
What are some comparable homes to 7 Charlesgate Road?
There are currently no comparable homes to 7 Charlesgate Road.
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