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Middlesex
81 Lancaster Dr
$644,900
● House - Off Market

81 Lancaster Dr

Tewksbury, MA 01876
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,330 Ft²
$661,428
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELLED! Accepted offer! What a fantastic opportunity to live in this quiet sought after neighborhood in North Tewksbury! Expansive lot, privacy galore!  Main level features living room w/fireplace, 3 bedrooms( 2 have new carpeting), 2 baths, eat in granite kitchen with birch Thomasville cabinets, and franke sink. 3 season porch, and attached IN LAW. Finished lower level has a cozy bonus family room with fireplace, half bath, Hinkley lighting fixtures, and an abundance of space to make your own. Close to shopping, major routes, and North Street Elementary School. This lovely brick front home awaits your finishing touches! Property sold as is.
Unit Size
3,330 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$195
Property Type
House
Property Taxes
$751
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #73042217)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Mar 11, 2023 In contract -
In contract
Mar 1, 2023 Relisted $649,900
Relisted
Feb 27, 2023 In contract -
In contract
Feb 14, 2023 Relisted $649,900
Relisted
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 8
  • Basement Area: 928
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,872
  • Gross Building Area: 4,612
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • 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:0089 U:0000
  • Lot: 89
  • Municipality: TEWKSBURY
  • Latitude: 42.6262
  • Longitude: -71.2211

    Address

  • Full Address: 81 Lancaster Dr
  • Address - House Number: 81
  • 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: $945,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 677,814
  • High Value: 828,408
  • Low Value: 527,220

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $706,200
  • Assessed Land Value: $334,600
  • Assessed Improvements Value: $371,600

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11693
  • Previous Sale Recording Date: Dec 18, 1998
  • Previous Sale Amount: $260,000
  • 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

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2716 ft²

Average Home Age

64.7 years

Currently For Sale

3114 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# 73042217

Frequently Asked Questions

When was property at 81 Lancaster Drive built and last sold?
The property at 81 Lancaster Drive was built in 1971 and last sold on Apr 28, 2023 for $644,900.
How much is this home worth?
The estimated value of the home located at 81 Lancaster Drive is $682,335.
What are some comparable homes to 81 Lancaster Drive?
There are currently no comparable homes to 81 Lancaster Drive.
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