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Middlesex 01821
8 Susan Dr
$439,900
● House - Off Market

8 Susan Dr

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$471,727
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

This adorable ranch is located on a corner lot in a sought after neighborhood of connecting streets!  If you're just starting out or downsizing and simplifying this 3 bedroom single level home is a great option for you. Brand new berber carpet was just installed.  The interior walls and kitchen cabinets have fresh paint. The lot is double fenced and features a large storage shed.  The home is serviced by town water and sewer and natural gas.  The location is is great for commuters and is very close to Burlington.  Available for a quick closing.  Make an appointment today an get settled in fast!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$489
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1954

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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 #73026088)

Price History

Date / Event Date Event Price
Nov 23, 2022 Sold
Premium
Sold
Oct 11, 2022 In contract -
In contract
Oct 5, 2022 Relisted $439,900
Relisted
Sep 27, 2022 In contract -
In contract
Sep 19, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 900
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0089 B:0048 L:0
  • Block: 48
  • Municipality: BILLERICA
  • Latitude: 42.5354
  • Longitude: -71.2519

    Address

  • Full Address: 8 Susan Dr
  • Address - House Number: 8
  • Address - Street Name: Susan
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Billerica
  • Carrier Code: C007
  • 4-Digit Zip Code: 4441
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $476,200

    Appraisal Valuation

  • Standard Deviation: 0.183
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 468,538
  • High Value: 554,315
  • Low Value: 382,761

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $421,800
  • Assessed Land Value: $265,000
  • Assessed Improvements Value: $156,800

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 318382
  • Previous Sale Recording Date: Jan 11, 2017
  • 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

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.2 years

Currently For Sale

3105 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73026088

Frequently Asked Questions

When was property at 8 Susan Drive built and last sold?
The property at 8 Susan Drive was built in 1954 and last sold on Nov 23, 2022 for $439,900.
How much is this home worth?
The estimated value of the home located at 8 Susan Drive is $443,769.
What are some comparable homes to 8 Susan Drive?
There are currently no comparable homes to 8 Susan Drive.
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