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Middlesex 01450
7 Mccarthy Drive
$481,000
● House - Off Market

7 Mccarthy Drive

Groton, MA 01450
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$424,767
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Offers,due Monday 2:00 PM .Check out this gem in sought after Groton! This home is in a quiet neighborhood-- but also conveniently located close to route 3, town center, and tax free New Hampshire. This home is bright and modern with plenty of space for entertaining and a lovely outdoor patio! Many improvements include a newer kitchen, granite counter tops, stainless steel appliances, fresh paint, central air-- and all major systems have been recently updated (driveway, septic, furnace)  . The bedrooms and living room have gleaming hardwood floors and lots of natural light. Updated bath with ceramic tile floors and pretty colors. The almost half acre lot is private and nicely manicured! This home is ready for your family .With very few homes on the market in Groton- you certainly don't want to miss out!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$365
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1958

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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 #72980615)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
May 12, 2022 Listed by DCU Realty - Chelmsford $419,900
Listed by DCU Realty - Chelmsford
Jan 19, 2018 Sold
Premium
Sold
Nov 4, 2017 Listed by DCU Realty - Chelmsford $279,000
Listed by DCU Realty - Chelmsford

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,152
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,037
  • Total Building Area: 1,152
  • Gross Building Area: 2,436
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton-Dunstable School District
  • School Tax School District: GROTN-DUNSTBLE
  • Census Tract: 326102

Zoning

  • Zoning: RA

Geography

  • Account Number: 3764
  • Parcel: GROT M:250 B:12 L:
  • Block: 12
  • Municipality: GROTON
  • Latitude: 42.6069
  • Longitude: -71.5051

    Address

  • Full Address: 7 Mccarthy Dr
  • Address - House Number: 7
  • Address - Street Name: Mccarthy
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Groton
  • Carrier Code: R004
  • 4-Digit Zip Code: 1513
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $547,600

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 469,698
  • High Value: 548,350
  • Low Value: 391,047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,100
  • Assessed Land Value: $183,300
  • Assessed Improvements Value: $166,800

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1917009
  • Previous Sale Recording Date: Jan 19, 2018
  • Previous Sale Amount: $270,000
  • 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# 72980615

Frequently Asked Questions

When was property at 7 McCarthy Drive built and last sold?
The property at 7 McCarthy Drive was built in 1958 and last sold on Jun 24, 2022 for $481,000.
How much is this home worth?
The estimated value of the home located at 7 McCarthy Drive is $426,226.
What are some comparable homes to 7 McCarthy Drive?
There are currently no comparable homes to 7 McCarthy Drive.
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