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Pepperell 01463
8 Independence Road
$367,500
● House - Off Market

8 Independence Road

Pepperell, MA 01463
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,911 Ft²
$563,207
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Charming Cape located in Centre Village within a short distance to schools,library, playground and downtown Pepperell. This home features a large eat-in kitchen with a center island formal living room and dining room, fireplaced family room and first floor laundry.  The second floor offers a large master bedroom with bath, two ample sized bedrooms and full bath. Come bring your ideas and finishing touches! There is a 250 yearly HOA fee to cover common area maintenance.
Unit Size
1,911 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$194
Property Type
House
Property Taxes
$427
HOA Dues
$21
Year Built
1986

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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 #72304778)

Price History

Date / Event Date Event Price
May 31, 2018 Sold
Premium
Sold
Apr 6, 2018 Listed by CENTURY 21 Nashoba Associates $369,900
Listed by CENTURY 21 Nashoba Associates
May 16, 2011 Sold
Premium
Sold
Mar 23, 2011 Listed by CENTURY 21 Nashoba Associates $299,900
Listed by CENTURY 21 Nashoba Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,092
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,814
  • Total Building Area: 2,348
  • Gross Building Area: 4,644
  • Building Area: 2,348
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,348
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000386
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327103

Zoning

  • Zoning: TNR

Geography

  • Parcel: PEPP M:0020 B:0142 L:00000
  • Block: 142
  • Municipality: PEPPERELL
  • Latitude: 42.6643
  • Longitude: -71.594

    Address

  • Full Address: 8 Independence Rd
  • Address - House Number: 8
  • Address - Street Name: Independence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R007
  • 4-Digit Zip Code: 1633
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $633,400

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 558,878
  • High Value: 651,253
  • Low Value: 466,504

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $441,400
  • Assessed Land Value: $116,000
  • Assessed Improvements Value: $325,400

    Sales

  • Current Sale Recording Date: May 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77304
  • Previous Sale Recording Date: May 16, 2011
  • Previous Sale Amount: $299,400
  • 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 Pepperell

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$260

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2532 ft²

Average Home Age

209.3 years

Currently For Sale

3 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# 72304778

Frequently Asked Questions

When was property at 8 Independence Road built and last sold?
The property at 8 Independence Road was built in 1986 and last sold on Jan 1, 1970 for $367,500.
How much is this home worth?
The estimated value of the home located at 8 Independence Road is $370,887.
What are some comparable homes to 8 Independence Road?
There are currently no comparable homes to 8 Independence Road.
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