Middlesex
87 Steele Lane
$2,450,000
●
House -
Off Market
87 Steele Lane
Boxborough, MA 01719
5 Beds
7 Baths,
2
Half Baths
9,430 Ft²
$14,495
Est. Monthly
$21
HOA / Fees
About This Property
87 Steele Lane is an exquisite home that seamlessly blends modern
convenience with timeless elegance and craftsmanship- featuring 5
bedrooms & over 9,400 sf, nestled on over 3 acres of private
resort-like grounds. The expansive floor plan is ideal for
entertaining & centers around the main living area where an
impeccably designed gourmet chefs kitchen boasts bespoke cabinetry,
luxury appliances, prep kitchen, walk in pantry and butler's
pantry. This sun filled home boasts a formal dining room & living
room, family room w/cathedral ceiling & double sided fireplace,
executive office & 4 season sunroom.Upstairs you will find the
luxurious primary suite with 2 walk-in closets, gas fireplace &
marble-clad master bath, 4 additional bedrooms (3 ensuite) and a
full bath. Beautifully designed walk out lower level has a
media/recreation room, home gym, bunk room & sauna. 3 Car garage
w/epoxy floor, In-ground heated pool & hot tub. All of this & award
winning Acton-Boxborough Regional High School
Unit Size
9,430 Ft²
Days on Market
-
Land Size
3.10 acres
Price per sqft
$260
Property Type
House
Property Taxes
$2,444
HOA Dues
$21
Year Built
1992
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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 #73244266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Coldwell Banker Realty - Andover | $2,450,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
| | |||
|
87 Steele Lane is an exquisite home that seamlessly blends modern convenience with timeless elegance and craftsmanship- featuring 5 bedrooms & over 9,400 sf, nestled on over 3 acres of private resort-like grounds. The expansive floor plan is ideal for entertaining & centers around the main living area where an impeccably designed gourmet chefs kitchen boasts bespoke cabinetry, luxury appliances, prep kitchen, walk in pantry and butler's pantry. This sun filled home boasts a formal dining room & living room, family room w/cathedral ceiling & double sided fireplace, executive office & 4 season sunroom.Upstairs you will find the luxurious primary suite with 2 walk-in closets, gas fireplace & marble-clad master bath, 4 additional bedrooms (3 ensuite) and a full bath. Beautifully designed walk out lower level has a media/recreation room, home gym, bunk room & sauna. 3 Car garage w/epoxy floor, In-ground heated pool & hot tub. All of this & award winning Acton-Boxborough Regional High School
| |||
| Feb 16, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by Coldwell Banker Realty - Andover | $1,950,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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