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Middlesex
71 Lancaster Drive
Photo of 71 Lancaster Drive
Sold on May 31, 2007

1

Map

$399,900
● House - Off Market

71 Lancaster Drive

Tewksbury, MA 01876
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,470 Ft²
$747,434
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Location! Location! Location! Oversized Hip Roof Split Entry with many extra features, hardwood and ceramic tile floors, newer vinyl siding, cathedal ceiling kitchen area and family room. Fireplace living room and familyroom, bright sunny family room overlooking Guinte pool. Buyer to pay $3000.00 sewer betterment fee.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$272
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1971

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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 #70559759)

Price History

Date / Event Date Event Price
May 31, 2007 Sold
Premium
Sold
Apr 16, 2007 Listed $399,900
Listed
May 31, 2001 Sold
Premium
Sold
Apr 1, 2001 Listed $309,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 1,470
  • Gross Building Area: 3,390
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001090
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tewksbury School District
  • School Tax School District: TEWKSBURY SD
  • Census Tract: 315200

Zoning

  • Zoning: RG

Geography

  • Parcel: TEWK M:0064 L:0090 U:0000
  • Lot: 90
  • Municipality: TEWKSBURY
  • Latitude: 42.6266
  • Longitude: -71.2209

    Address

  • Full Address: 71 Lancaster Dr
  • Address - House Number: 71
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: C001
  • 4-Digit Zip Code: 1322
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $904,000

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 763,793
  • High Value: 881,499
  • Low Value: 646,088

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $675,100
  • Assessed Land Value: $335,000
  • Assessed Improvements Value: $340,100

    Sales

  • Current Sale Recording Date: May 31, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00028600
  • Previous Sale Recording Date: May 31, 2001
  • Previous Sale Amount: $309,900
  • Previous Sale Document Type: 27
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2676 ft²

Average Home Age

65.4 years

Currently For Sale

3300 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70559759

Frequently Asked Questions

When was property at 71 Lancaster Drive built and last sold?
The property at 71 Lancaster Drive was built in 1971 and last sold on Jan 1, 1970 for $403,900.
How much is this home worth?
The estimated value of the home located at 71 Lancaster Drive is $414,219.
What are some comparable homes to 71 Lancaster Drive?
There are currently no comparable homes to 71 Lancaster Drive.
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