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Middlesex
97 Hanover Road
$415,000
● Land - Off Market

97 Hanover Road

Carlisle, MA 01741
bedrooms
Studio
bathrooms
0 Bath
$639,430
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Build your dream home! Hanover Hill is Carlisle's premier neighborhood and this is one of the last lots available. The neighborhood features 35 private home sites with each parcel ranging from 2-4 acres with architecturally designed and custom built homes from 4000 to 7000 SF. Bring your own plans or we will gladly introduce you to one or exceptional builders and architects. Close to Carlisle Center, conservation land and walking trails. Site has well drilled. Subject to architectural review.
Unit Size
-
Days on Market
-
Land Size
4.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$617
HOA Dues
-
Year Built
2021

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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 #72680844)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
Apr 22, 2021 Listed by Coldwell Banker Realty - Concord $1,950,000
Listed by Coldwell Banker Realty - Concord
Nov 23, 2020 Sold
Premium
Sold
Jun 25, 2020 Listed by Coldwell Banker Realty - Concord $500,000
Listed by Coldwell Banker Realty - Concord
Jun 28, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,320
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,676
  • Total Building Area: 6,406
  • Gross Building Area: 11,906
  • Building Area: 6,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 6,406
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Carlisle School District
  • School Tax School District: CARLISLE SD
  • Census Tract: 362100

Geography

  • District: 51
  • Parcel: CARL M:0019 B:0040 L:17
  • Block: 40
  • Lot: 17
  • Municipality: CARLISLE
  • Latitude: 42.5352
  • Longitude: -71.3747

    Address

  • Full Address: 97 Hanover Rd
  • Address - House Number: 97
  • Address - Street Name: Hanover
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Carlisle
  • Carrier Code: R001
  • 4-Digit Zip Code: 1764
  • Zip Code: 01741

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,935,500

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 2,310,008
  • High Value: 2,690,056
  • Low Value: 1,929,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,202,200
  • Assessed Land Value: $574,700
  • Assessed Improvements Value: $1,627,500

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60966
  • Previous Sale Recording Date: Nov 23, 2020
  • Previous Sale Contract Date: Nov 04, 2020
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: O
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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: 4 months ago
Data Source: MLS PIN, MLS# 72680844

Frequently Asked Questions

When was property at 97 Hanover Road built and last sold?
The property at 97 Hanover Road was built in 2021 and last sold on Oct 18, 2021 for $1,950,000.
How much is this home worth?
The estimated value of the home located at 97 Hanover Road is $1,973,887.
What are some comparable homes to 97 Hanover Road?
There are currently no comparable homes to 97 Hanover Road.
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