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Middlesex
11 Pearson Street
$290,000
● House - Off Market

11 Pearson Street

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,460 Ft²
$559,110
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

ESTATE SALE: 3+ Bedrooms,1 Bath home situated in a wonderful neighborhood right off the center of town. Built in 1955, this home has had only one owner and still features some of its original charm. An inviting floor plan has a formal dining room open to kitchen. A large living room with brick fireplace will sure be nice on cool winter nights. Original Hardwood floors run throughout most of the first and second floor. Many updates have been done in recent years including new roof, electrical panel, and furnace. This home has great bones and is the perfect home to "make it your own".
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$216
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #71924758)

Price History

Date / Event Date Event Price
Dec 18, 2015 Sold
Premium
Sold
Oct 28, 2015 Listed by Vested Realty Group, LLC $315,000
Listed by Vested Realty Group, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,580
  • Gross Building Area: 3,346
  • Building Area: 1,580
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,580
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 317102

Geography

  • Account Number: 5735
  • Parcel: CHEL M:0095 B:0374 L:5
  • Block: 374
  • Lot: 5
  • Municipality: CHELMSFORD
  • Latitude: 42.5897
  • Longitude: -71.3354

    Address

  • Full Address: 11 Pearson St
  • Address - House Number: 11
  • Address - Street Name: Pearson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C009
  • 4-Digit Zip Code: 3543
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $755,300

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 670,527
  • High Value: 794,305
  • Low Value: 546,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,600
  • Assessed Land Value: $312,200
  • Assessed Improvements Value: $213,400

    Sales

  • Current Sale Recording Date: Dec 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58277
  • Previous Sale Recording Date: Mar 06, 2014
  • 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 Middlesex

Stats & Trends

Median Asking:

$819,500

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2704 ft²

Average Home Age

65.5 years

Currently For Sale

3310 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: 5 months ago
Data Source: MLS PIN, MLS# 71924758

Frequently Asked Questions

When was property at 11 Pearson Street built and last sold?
The property at 11 Pearson Street was built in 1955 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 11 Pearson Street is $333,962.
What are some comparable homes to 11 Pearson Street?
There are currently no comparable homes to 11 Pearson Street.
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