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Middlesex 01821
70 Alexander Rd
$510,000
● House - Off Market

70 Alexander Rd

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$537,508
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

You don't want to miss this lovely Cape style home.  First floor consists of open updated kitchen/dining room, comfortable size living room, full bath and one bedroom/home office.  Second floor has 2 large bedrooms and 2nd full bath.  Lower level is partially finished (not included in living area) with family room, home office or workout area. Nice size fenced yard backs up to woods.  Utilities are updated. Wonderful starter home or downsizer with first floor bed/bath.  Great location with stroller friendly streets close to many parks, playgrounds, and hiking. Near Wilmington line, Shawsheen Tech, and public trans.  Billerica has great resources including wonderful library, many shops and restaurants.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$289
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1978

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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: 5 months ago (MLSPIN #73056365)

Price History

Date / Event Date Event Price
Dec 29, 2022 Sold
Premium
Sold
Nov 15, 2022 In contract -
In contract
Nov 10, 2022 Listed by Keller Williams Realty Boston Northwest $499,900
Listed by Keller Williams Realty Boston Northwest
Jan 29, 2015 Sold
Premium
Sold
Dec 8, 2014 Listed by Keller Williams Realty Boston Northwest $315,000
Listed by Keller Williams Realty Boston Northwest
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,467
  • Total Building Area: 1,728
  • Gross Building Area: 2,328
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316201

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0065 B:0066 L:0
  • Block: 66
  • Municipality: BILLERICA
  • Latitude: 42.5555
  • Longitude: -71.2143

    Address

  • Full Address: 70 Alexander Rd
  • Address - House Number: 70
  • Address - Street Name: Alexander
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: C014
  • 4-Digit Zip Code: 5040
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $509,600

    Appraisal Valuation

  • Standard Deviation: 0.183
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 558,377
  • High Value: 660,602
  • Low Value: 456,153

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $451,400
  • Assessed Land Value: $225,200
  • Assessed Improvements Value: $226,200

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52299
  • Previous Sale Recording Date: Jan 29, 2015
  • Previous Sale Amount: $321,550
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 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: 5 months ago
Data Source: MLS PIN, MLS# 73056365

Frequently Asked Questions

When was property at 70 Alexander Road built and last sold?
The property at 70 Alexander Road was built in 1978 and last sold on Dec 29, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 70 Alexander Road is $508,742.
What are some comparable homes to 70 Alexander Road?
There are currently no comparable homes to 70 Alexander Road.
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