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Middlesex 01821
8 Acre Rd
$425,000
● House - Off Market

8 Acre Rd

Billerica, MA 01821
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,738 Ft²
$803,184
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

Price reduced for Spring!!Completely remodeled split ranch w/ attached 2 car heated garage.  In highly desirable Tower farm neighborhood.  Beautiful landscaped yard w/ sprinkler system.  Turn key house. w/ In-law potential.  A great deal!!! Appraised in 2005 for $490k.
Unit Size
1,738 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$247
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1972

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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 #70412524)

Price History

Date / Event Date Event Price
Apr 27, 2007 Sold
Premium
Sold
Jun 23, 2006 Listed by Cross Roads Real Estate $428,900
Listed by Cross Roads Real Estate
Jun 13, 1996 Sold
Premium
Sold
Feb 24, 1996 Listed by Cross Roads Real Estate $179,900
Listed by Cross Roads Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,880
  • Total Building Area: 1,738
  • Gross Building Area: 2,928
  • Building Area: 1,738
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,738
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000663
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316102

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0052 B:0041 L:0
  • Block: 41
  • Municipality: BILLERICA
  • Latitude: 42.5594
  • Longitude: -71.2574

    Address

  • Full Address: 8 Acre Rd
  • Address - House Number: 8
  • Address - Street Name: Acre
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: C016
  • 4-Digit Zip Code: 2806
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $665,000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 676,480
  • High Value: 787,777
  • Low Value: 565,184

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,000
  • Assessed Land Value: $304,700
  • Assessed Improvements Value: $284,300

    Sales

  • Current Sale Recording Date: Apr 27, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00021853
  • Previous Sale Recording Date: Jun 13, 1996
  • Previous Sale Amount: $174,000
  • 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:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2710 ft²

Average Home Age

65.2 years

Currently For Sale

3198 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# 70412524

Frequently Asked Questions

When was property at 8 Acre Road built and last sold?
The property at 8 Acre Road was built in 1972 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 8 Acre Road is $437,160.
What are some comparable homes to 8 Acre Road?
There are currently no comparable homes to 8 Acre Road.
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