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Middlesex 01464
9 Morgan Lane
Photo of 9 Morgan Lane
Sold on Jul 9, 2009

1

Map

$370,000
● House - Off Market

9 Morgan Lane

Shirley, MA 01464
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,608 Ft²
$792,810
RealtyHop Estimate
106.19%
Since Aug 1, 2009
National-US
Primary Model

About This Property

NOT A SHORT SALE! Terrific neighborhood setting with easy access to commuter rail into Boston. Desirable open floor plan features a high end kitchen with oak flooring, black granite countertops, rich cherry cabinets, and top of the line stainless steel appliances. Many custom features give this home a unique feel. Exciting master suite! A military transfer has forced the owners to sell. This is an excellent value - the owners paid $425,000+ in May 2007.
Unit Size
2,608 Ft²
Days on Market
-
Land Size
1.49 acres
Price per sqft
$147
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
2006

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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: 4 months ago (MLSPIN #70870782)

Price History

Date / Event Date Event Price
Jul 9, 2009 Sold
Premium
Sold
Feb 1, 2009 Listed $384,500
Listed
May 30, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,352
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 64,904
  • Total Building Area: 3,072
  • Gross Building Area: 4,580
  • Building Area: 3,072
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,072
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001490
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ayer-Shirley School District
  • Census Tract: 388200

Zoning

  • Zoning: R2

Geography

  • Parcel: SHIR M:0032 B:000A L:05-20
  • Block: A
  • Lot: 5-20
  • Municipality: SHIRLEY
  • Latitude: 42.5546
  • Longitude: -71.6432

    Address

  • Full Address: 9 Morgan Ln
  • Address - House Number: 9
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Shirley
  • Carrier Code: R004
  • 4-Digit Zip Code: 2635
  • Zip Code: 01464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $845,000

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 763,008
  • High Value: 881,710
  • Low Value: 644,307

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,700
  • Assessed Land Value: $150,600
  • Assessed Improvements Value: $472,100

    Sales

  • Current Sale Recording Date: Jul 09, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00131970
  • Previous Sale Recording Date: May 30, 2007
  • Previous Sale Amount: $425,000
  • 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# 70870782

Frequently Asked Questions

When was property at 9 Morgan Lane built and last sold?
The property at 9 Morgan Lane was built in 2006 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 9 Morgan Lane is $426,626.
What are some comparable homes to 9 Morgan Lane?
There are currently no comparable homes to 9 Morgan Lane.
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