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Middlesex
11 Rack Road
Photo of 11 Rack Road
Sold on Oct 8, 2004

1

Map

$354,000
● House - Off Market

11 Rack Road

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$709,906
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

Located in the very desirable Hitchinpost neighborhood is this well-maintained Hick's 3 bedroom ranch featuring a gorgeous updated kitchen with cherry cabinets, HW floors and corian countertops, fire-placed living room, neutral decor, newer berber carpet in LL, central air; security system and an attached heated greenhouse on an acre+ lot.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
1.27 acres
Price per sqft
$341
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1966

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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: 4 months ago (MLSPIN #70072033)

Price History

Date / Event Date Event Price
Oct 13, 2004 Sold
Premium
Sold
Aug 3, 2004 Listed $359,900
Listed
Nov 30, 1999 Sold
Premium
Sold
Oct 21, 1999 Listed $274,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 55,757
  • Total Building Area: 2,909
  • Gross Building Area: 6,345
  • Building Area: 2,909
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,909
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HITCHINPOST ROAD HOMES SEC 07
  • Land Acres: 0000001280
  • 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: 317201

Geography

  • Account Number: 12115
  • Parcel: CHEL M:0069 B:0318 L:18
  • Block: 318
  • Lot: 18
  • Municipality: CHELMSFORD
  • Latitude: 42.5981
  • Longitude: -71.3948

    Address

  • Full Address: 11 Rack Rd
  • Address - House Number: 11
  • Address - Street Name: Rack
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C012
  • 4-Digit Zip Code: 1923
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,059,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 826,469
  • High Value: 970,645
  • Low Value: 682,292

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $737,400
  • Assessed Land Value: $369,500
  • Assessed Improvements Value: $367,900

    Sales

  • Current Sale Recording Date: Oct 13, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00076448
  • Previous Sale Recording Date: Nov 30, 1999
  • Previous Sale Amount: $274,900
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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# 70072033

Frequently Asked Questions

When was property at 11 Rack Road built and last sold?
The property at 11 Rack Road was built in 1966 and last sold on Jan 1, 1970 for $354,000.
How much is this home worth?
The estimated value of the home located at 11 Rack Road is $363,528.
What are some comparable homes to 11 Rack Road?
There are currently no comparable homes to 11 Rack Road.
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