Essex
Lot 7 Lewis Drive #24
$630,000
●
Condo -
Off Market
Lot 7 Lewis Drive #24
Middleton, MA 01949
3 Beds
3 Baths
2,500 Ft²
$899,113
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model
About This Property
New Construction Townhome features designer kitchen, great room
with tray ceiling and gas fireplace, master bedroom suite with two
walk-in closets, soaking tub and tiled shower. Two additional
spacious bedrooms, washer/dryer and access to private patio
complete the main level. Lower level space has in-law potential or
would make a great home office. Quiet in-town location on
cul-de-sac with views of conservation land. Convenient to
Richardson's, new Starbucks, Golf Course, shopping, Routes 114, 1,
and 95.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$252
Property Type
Condo
Property Taxes
$8,333
HOA Dues
$265
Year Built
2017
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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: 6 months ago (MLSPIN #72374859)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2019 | Sold | ||
| Sold | |||
| Aug 7, 2018 | Listed by Coldwell Banker Realty - North Reading | $629,000 | |
| Listed by Coldwell Banker Realty - North Reading | |||
| | |||
|
New Construction Townhome features designer kitchen, great room with tray ceiling and gas fireplace, master bedroom suite with two walk-in closets, soaking tub and tiled shower. Two additional spacious bedrooms, washer/dryer and access to private patio complete the main level. Lower level space has in-law potential or would make a great home office. Quiet in-town location on cul-de-sac with views of conservation land. Convenient to Richardson's, new Starbucks, Golf Course, shopping, Routes 114, 1, and 95.
| |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Bedroom, Home Office, 3/4 Bath
Appliances: Range, Dishwasher, Microwave
Flooring Type: Wood, Tile, Vinyl
Door Features: Insulated Doors
Laundry Features: In Unit, Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2500
Year Built Source: Builder
Year Built: 2018
Building Area Total: 2500
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Patio and Porch Features: Patio, Deck - Composite
Lot Size Area: 1.38
Lot Size Units: Acres
Lot Size Acres: 1.38
Lot Size Square Feet: 60267
Water Source: Public
Financial Details
Tax Assessed Value: $99,999
Tax Annual Amount: $99,999
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $265
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
08/07/2018
|
3 Bed
|
3 Bath
|
2500 ft²
|
$629,000
3 Bed
3 Bath
2500 ft²
|
$630,000
+0.16%
05/01/2019
|
Geralyn Farrelly
Classified Realty Group
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017