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Middlesex
1 Arbor Rd
$565,000
● House - Off Market

1 Arbor Rd

Chelmsford, MA 01863
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,228 Ft²
$3,243
Est. Monthly

About This Property

Welcome to 1 Arbor Rd in North Chelmsford, a beautifully renovated single-family ranch in a quiet, sought-after neighborhood. This charming 3-bedroom, 1-bathroom home features an open-concept living area with sleek granite countertops and brand new stainless steel appliances, perfect for modern living. The spacious backyard offers ample room for outdoor entertaining, while the property boasts plenty of off-street parking and a 1-car garage. Conveniently located near Route 3 and I-495, you're minutes away from local shops, dining, and all the amenities North Chelmsford has to offer. If you're looking for a move-in ready home with updates throughout, this ranch is a must-see!
Unit Size
1,228 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$456
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1940

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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: 6 months ago (MLSPIN #73296476)

Price History

Date / Event Date Event Price
Nov 22, 2024 Sold
Premium
Sold
Oct 21, 2024 In contract -
In contract
Sep 30, 2024 Listed by Cameron Real Estate Group $559,900
Listed by Cameron Real Estate Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,228
  • Gross Building Area: 3,042
  • Building Area: 1,228
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chelmsford School District
  • School Tax School District: CHELMSFORD SD
  • Census Tract: 317301

Geography

  • Account Number: 718
  • Parcel: CHEL M:0020 B:0081 L:3
  • Block: 81
  • Lot: 3
  • Municipality: CHELMSFORD
  • Latitude: 42.6328
  • Longitude: -71.3713

    Address

  • Full Address: 1 Arbor Rd
  • Address - House Number: 1
  • Address - Street Name: Arbor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 2002
  • Zip Code: 01863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $584,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 528,579
  • High Value: 614,523
  • Low Value: 442,634

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,900
  • Assessed Land Value: $262,000
  • Assessed Improvements Value: $144,900

    Sales

  • Current Sale Recording Date: Sep 27, 2013
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000005
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:

$822,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 6 months ago
Data Source: MLS PIN, MLS# 73296476

Frequently Asked Questions

When was property at 1 Arbor Road built and last sold?
The property at 1 Arbor Road was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Arbor Road is $565,137.
What are some comparable homes to 1 Arbor Road?
There are currently no comparable homes to 1 Arbor Road.
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