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Middlesex
10 Lantern Lane
$350,000
● House - Off Market

10 Lantern Lane

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,655 Ft²
$706,711
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Lovely Ranch style home set on professionally landscaped lot in pretty New England neighborhood. Meticulously maintained with beautiful hardwood floors, updated Kitchen and bath. Screen porch overlooking expansive and beautiful yard.
Unit Size
1,655 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$211
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1962

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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 #71515388)

Price History

Date / Event Date Event Price
Apr 26, 2013 Sold
Premium
Sold
Mar 10, 2013 Listed by CENTURY 21 Landmark Realty $350,000
Listed by CENTURY 21 Landmark Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 44,431
  • Total Building Area: 1,170
  • Gross Building Area: 2,721
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • 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: 317202

Geography

  • Account Number: 7713
  • Parcel: CHEL M:0071 B:0206 L:3
  • Block: 206
  • Lot: 3
  • Municipality: CHELMSFORD
  • Latitude: 42.6027
  • Longitude: -71.3689

    Address

  • Full Address: 10 Lantern Ln
  • Address - House Number: 10
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C026
  • 4-Digit Zip Code: 1316
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $728,400

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 610,561
  • High Value: 717,073
  • Low Value: 504,049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $506,900
  • Assessed Land Value: $348,000
  • Assessed Improvements Value: $158,900

    Sales

  • Current Sale Recording Date: Jan 27, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4105
  • Previous Sale Recording Date: Apr 26, 2013
  • Previous Sale Amount: $350,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71515388

Frequently Asked Questions

When was property at 10 Lantern Lane built and last sold?
The property at 10 Lantern Lane was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 10 Lantern Lane is $374,379.
What are some comparable homes to 10 Lantern Lane?
There are currently no comparable homes to 10 Lantern Lane.
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