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Middlesex
862 Burroughs Rd
$727,500
● House - Off Market

862 Burroughs Rd

Boxborough, MA 01719
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,507 Ft²
$1,124,315
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Pristine Sylvan Woods Colonial. Fantastic living spaces for all your family's needs.  Kitchen with cherry cabinets, new granite, and a gas fireplace adjoins the cozy family room with slider and views to the back yard. Formal dining room is open to the living room, perfect for entertainment.  First floor office, powder room & laundry completes the first floor.  Second floor has master bed suite with fireplace, three other generous bedrooms and a family bath.  Bonus room above the garage. Newly finished lower level is well suited for extended family needs - includes a kitchen, bath, laundry and sliders to a brick patio.  Exterior amenities include an oversized garage, farmer's porch, new roof, brick walkways & granite steps, stone walls & irrigation system. A wonderful package in desirable Boxborough!
Unit Size
3,507 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$211
Property Type
House
Property Taxes
$909
HOA Dues
-
Year Built
1994

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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 #72339705)

Price History

Date / Event Date Event Price
Dec 20, 2018 Sold
Premium
Sold
Jun 5, 2018 Listed by Coldwell Banker Residential Brokerage - Acton $739,000
Listed by Coldwell Banker Residential Brokerage - Acton
Aug 10, 1998 Sold
Premium
Sold
May 12, 1998 Listed by Coldwell Banker Residential Brokerage - Acton $379,900
Listed by Coldwell Banker Residential Brokerage - Acton

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,236
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,174
  • Total Building Area: 2,785
  • Gross Building Area: 5,894
  • Building Area: 2,785
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,785
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001060
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Acton-Boxborough Regional School District
  • Census Tract: 388100

Zoning

  • Zoning: AR

Geography

  • Parcel: BOXB M:14 B:202 L:000
  • Block: 202
  • Municipality: BOXBORO
  • Latitude: 42.477
  • Longitude: -71.5262

    Address

  • Full Address: 862 Burroughs Rd
  • Address - House Number: 862
  • Address - Street Name: Burroughs
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxborough
  • Carrier Code: R002
  • 4-Digit Zip Code: 1875
  • Zip Code: 01719

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,389,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,098,779
  • High Value: 1,291,697
  • Low Value: 905,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $895,500
  • Assessed Land Value: $247,300
  • Assessed Improvements Value: $648,200

    Sales

  • Current Sale Contract Date: Dec 17, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 193844
  • Previous Sale Recording Date: Aug 10, 1998
  • Previous Sale Amount: $370,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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# 72339705

Frequently Asked Questions

When was property at 862 Burroughs Road built and last sold?
The property at 862 Burroughs Road was built in 1994 and last sold on Dec 17, 2018 for $727,500.
How much is this home worth?
The estimated value of the home located at 862 Burroughs Road is $781,101.
What are some comparable homes to 862 Burroughs Road?
There are currently no comparable homes to 862 Burroughs Road.
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