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West Concord 01742
1073 Main Street
$625,000
● House - Off Market

1073 Main Street

Concord, MA 01742
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,456 Ft²
$643,844
RealtyHop Estimate
3.01%
Since Apr 1, 2023
MA-Boston
Primary Model

About This Property

Perfect first home or downsizing opportunity just a short, sidewalk stroll to West Concord Village!  This freshly painted three bedroom, one and one-half bath Cape boasts hardwood floors throughout, a recent full bath renovation and nice 10k square foot lot.  The main level offers flexible spaces with a fireplaced living room, a sunny eat-in kitchen and two additional rooms that can be used as a main level bedroom with nearby full bath, a home office or a formal dining room.  The upstairs has three bedrooms and a half bath with room to easily expand to a full bath.  An attached one car garage and unfinished basement offers storage and future finished living space.  Enjoy the walkability to all the Village has to offer - casual and high end dining, coffee shops, retail shopping and the train to Cambridge and Boston!
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$429
Property Type
House
Property Taxes
$665
HOA Dues
-
Year Built
1959

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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 #73059550)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Jan 16, 2023 In contract -
In contract
Nov 18, 2022 Listed by Compass $625,000
Listed by Compass
Jul 15, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,246
  • Total Building Area: 1,456
  • Gross Building Area: 2,496
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361100

Zoning

  • Zoning: C

Geography

  • Account Number: 2297
  • Parcel: CONC M:9E B:3740
  • Block: 3740
  • Municipality: CONCORD
  • Latitude: 42.4558
  • Longitude: -71.3867

    Address

  • Full Address: 1073 Main St
  • Address - House Number: 1073
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Concord
  • Carrier Code: C019
  • 4-Digit Zip Code: 3207
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $997,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 842,374
  • High Value: 979,341
  • Low Value: 705,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $759,300
  • Assessed Land Value: $419,300
  • Assessed Improvements Value: $340,000

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24152
  • Previous Sale Recording Date: May 14, 2008
  • 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 West Concord

Stats & Trends

Median Asking:

$1,183,950

Sale Price/ft²

$496

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2851 ft²

Average Home Age

49.3 years

Currently For Sale

13 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73059550

Frequently Asked Questions

When was property at 1073 Main Street built and last sold?
The property at 1073 Main Street was built in 1959 and last sold on Mar 10, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 1073 Main Street is $641,843.
What are some comparable homes to 1073 Main Street?
There are currently no comparable homes to 1073 Main Street.
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