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Middlesex
7 Morrison Lane
Photo of 7 Morrison Lane
Sold on Aug 19, 2011

1

Map

$618,000
● House - Off Market

7 Morrison Lane

Westford, MA 01886
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,508 Ft²
$1,412,942
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

EXQUISITE HOME! Over $130k in renovations, extras and upgrades.  No expense spared in the newly renovated kitchen which features custom cabinetry, granite countertops, top-of-the-line stainless appliances including a 6 burner professional range w/ vent to outside.  Gleaming hdwd, cathedral ceilings, extended foyer, gas fireplace, professionally landscaped with stone walkway and walls, sprinkler sys, & more. Tastefully decorated, move-in condition. Great location. Westford's award winning schools
Unit Size
2,508 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$254
Property Type
House
Property Taxes
$684
HOA Dues
-
Year Built
1999

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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: 3 months ago (MLSPIN #71214817)

Price History

Date / Event Date Event Price
Aug 19, 2011 Sold
Premium
Sold
Apr 12, 2011 Listed by Keller Williams Realty-Merrimack $637,500
Listed by Keller Williams Realty-Merrimack
May 26, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,422
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,312
  • Total Building Area: 2,508
  • Gross Building Area: 4,146
  • Building Area: 2,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,508
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREYSTONE ESTATES
  • Land Acres: 0000000627
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westford School District
  • Census Tract: 318100

Zoning

  • Zoning: RA

Geography

  • Parcel: WFOR M:0048.0 P:0011 S:0156
  • Municipality: WESTFORD
  • Latitude: 42.6405
  • Longitude: -71.427

    Address

  • Full Address: 7 Morrison Ln
  • Address - House Number: 7
  • Address - Street Name: Morrison
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westford
  • Carrier Code: R005
  • 4-Digit Zip Code: 1192
  • Zip Code: 01886

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,397,200

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,161,232
  • High Value: 1,366,174
  • Low Value: 956,290

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,014,700
  • Assessed Land Value: $347,900
  • Assessed Improvements Value: $666,800

    Sales

  • Current Sale Recording Date: Aug 19, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000003
  • Previous Sale Recording Date: May 26, 2000
  • Previous Sale Amount: $371,018
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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: 3 months ago
Data Source: MLS PIN, MLS# 71214817

Frequently Asked Questions

When was property at 7 Morrison Lane built and last sold?
The property at 7 Morrison Lane was built in 1999 and last sold on Jan 1, 1970 for $618,000.
How much is this home worth?
The estimated value of the home located at 7 Morrison Lane is $666,406.
What are some comparable homes to 7 Morrison Lane?
There are currently no comparable homes to 7 Morrison Lane.
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