Hi Jean -
This particular listing is enticing, but the meaning of the price is not as it appears. The "list price" was $69,900, but this was really a starting price for a round-robin auction that was to follow. The assessed value is $253,800, so it is very likely that the final price will be considerably higher than the $69,900 "list price." We won't know the final price for a while, but you can bet it wasn't $69,900.
Billerica is a "good-value" community. The same home in Billerica will sell for less than if it was located in Burlington, Bedford or some of the other nearby towns. For example, there are 14 active listings in Billerica listed at $200,000 or less - there are none in Burlington.
If you are looking for an investment property, please let me know and I can give you a free comprehensive investment report that gives you all kinds of data about the quality of that investment.
Thanks - Fran