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West Concord 01742
111 Cottage St
$825,000
● House - Off Market

111 Cottage St

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,958 Ft²
$916,466
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

The best location in West Concord! Don't miss this great opportunity to make this your next home and the chance to live in the vibrant community of West Concord. This home was treasured by one owner for 65 years. Enjoy the beautiful family/sunroom built in 1992 overlooking incredible gardens on the large level lot.  The wood stove provides all-season living in this gorgeous addition.  Maintaining the gardens is easy with the backyard shed that has electricity.  Downstairs in the paneled basement, you will find a workshop and tons of storage.  Easy access to Rte. 2  and West Concord Commuter Rail.  Close proximity to the Bruce Freeman Trail, Emerson Hospital, and Concord Country Club. Enjoy all of West Concord's restaurants and shops. The Seller has never lived in the property and being sold As-Is.
Unit Size
1,958 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$409
Property Type
House
Property Taxes
$988
HOA Dues
-
Year Built
1908

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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: 5 years ago (MLSPIN #72846465)

Price History

Date / Event Date Event Price
Mar 16, 2022 Sold
Premium
Sold
Jul 23, 2021 Sold
Premium
Sold
Jun 9, 2021 Listed by Sterling Property Group $799,900
Listed by Sterling Property Group

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 16,098
  • Total Building Area: 1,958
  • Gross Building Area: 3,612
  • Building Area: 1,958
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • 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: 3991
  • Parcel: CONC M:10E B:3762
  • Block: 3762
  • Municipality: CONCORD
  • Latitude: 42.4536
  • Longitude: -71.3889

    Address

  • Full Address: 111 Cottage St
  • Address - House Number: 111
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Concord
  • Carrier Code: C019
  • 4-Digit Zip Code: 3034
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,415,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 94
  • Final Value: 996,323
  • High Value: 1,073,523
  • Low Value: 919,122

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,077,800
  • Assessed Land Value: $593,000
  • Assessed Improvements Value: $484,800

    Sales

  • Current Sale Contract Date: Mar 15, 2022
  • Current Sale Recording Date: Mar 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39402
  • Previous Sale Recording Date: Jul 23, 2021
  • Previous Sale Contract Date: Jul 20, 2021
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: 35
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:

$1,200,000

Sale Price/ft²

$516

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3033 ft²

Average Home Age

33.6 years

Currently For Sale

11 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 years ago
Data Source: MLS PIN, MLS# 72846465

Frequently Asked Questions

When was property at 111 Cottage Street built and last sold?
The property at 111 Cottage Street was built in 1908 and last sold on Mar 15, 2022 for $985,000.
How much is this home worth?
The estimated value of the home located at 111 Cottage Street is $824,757.
What are some comparable homes to 111 Cottage Street?
There are currently no comparable homes to 111 Cottage Street.
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