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Middlesex
8 Marion Dr
$370,000
● House - Off Market

8 Marion Dr

Tewksbury, MA 01876
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,184 Ft²
$532,400
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Fantastic opportunity  !  This ranch style home  has so much to offer as its located in desirable North Tewksbury on a quiet dead end street , set on a lovely private lot., with an irrigation system.  Beautiful hardwood floors on the main level.  Fireplace living room.  Master bedroom offers a half bath.  Finished walkout basement gives you an additional 350 sq ft of living space as it has a 4th bedroom  and a family room with daylight windows .  Enjoy those summer nights relaxing on your screened in porch.  Who doesn't want to park in a garage , its here for you !  Price reflects that it's time for updating.
Unit Size
1,184 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$304
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #72383422)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by LAER Realty Partners $459,900
Listed by LAER Realty Partners
Oct 3, 2018 Sold
Premium
Sold
Aug 23, 2018 Listed by LAER Realty Partners $359,900
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 15,900
  • Total Building Area: 1,184
  • Gross Building Area: 2,532
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000365
  • 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:0051 L:0035 U:0000
  • Lot: 35
  • Municipality: TEWKSBURY
  • Latitude: 42.6313
  • Longitude: -71.235

    Address

  • Full Address: 8 Marion Dr
  • Address - House Number: 8
  • Address - Street Name: Marion
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: C015
  • 4-Digit Zip Code: 1264
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $701,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1662
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 597,780
  • High Value: 697,140
  • Low Value: 498,420

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,500
  • Assessed Land Value: $289,100
  • Assessed Improvements Value: $234,400

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58570
  • Previous Sale Recording Date: Oct 03, 2018
  • Previous Sale Amount: $370,000
  • 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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2702 ft²

Average Home Age

65.1 years

Currently For Sale

3031 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: 6 months ago
Data Source: MLS PIN, MLS# 72383422

Frequently Asked Questions

When was property at 8 Marion Drive built and last sold?
The property at 8 Marion Drive was built in 1960 and last sold on Oct 1, 2021 for $501,000.
How much is this home worth?
The estimated value of the home located at 8 Marion Drive is $469,603.
What are some comparable homes to 8 Marion Drive?
There are currently no comparable homes to 8 Marion Drive.
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