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Middlesex 01742
116 Indian Spring Rd
$881,318
● House - Off Market

116 Indian Spring Rd

Concord, MA 01742
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,000 Ft²
$1,975,375
RealtyHop Estimate
117.55%
Since Apr 1, 2012
MA-Boston
Primary Model

About This Property

SYLVAN SETTING WITH SWEEPING MEADOW VIEWS.The ultimate in country living offering warmth and interior comfort with serene meadow views.Sunfilled Family and Living Room with SOUTH facing wall of glass invites you to enjoy nature's bounty. Stunning first floor Master Suite with walk-in closet and sumptuous bath,along with three newly renovated bedrooms.3000 sqft on 2.97 ac. Close by is an extensive network of trails over conservation and town lands or walk to Concord Center.A HOME FOR ALL SEASONS.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
2.97 acres
Price per sqft
$303
Property Type
House
Property Taxes
$857
HOA Dues
-
Year Built
1980

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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 months ago (MLSPIN #71335894)

Price History

Date / Event Date Event Price
Mar 15, 2012 Sold
Premium
Sold
Feb 7, 2012 Listed by Coldwell Banker Residential Brokerage - Concord $908,000
Listed by Coldwell Banker Residential Brokerage - Concord
Oct 8, 2009 Sold
Premium
Sold
Jul 29, 2009 Listed by Coldwell Banker Residential Brokerage - Concord $885,000
Listed by Coldwell Banker Residential Brokerage - Concord

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 129,223
  • Total Building Area: 1,913
  • Gross Building Area: 6,043
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,913
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONCORD
  • Land Acres: 0000002967
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361300

Zoning

  • Zoning: Z

Geography

  • Account Number: 634
  • Parcel: CONC M:6F B:1631 L:2
  • Block: 1631
  • Lot: 2
  • Municipality: CONCORD
  • Latitude: 42.4775
  • Longitude: -71.3709

    Address

  • Full Address: 116 Indian Spring Rd
  • Address - House Number: 116
  • Address - Street Name: Indian Spring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: R001
  • 4-Digit Zip Code: 5512
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,699,000

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,645,909
  • High Value: 1,906,494
  • Low Value: 1,385,324

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,294,000
  • Assessed Land Value: $659,000
  • Assessed Improvements Value: $635,000

    Sales

  • Current Sale Recording Date: Mar 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000005
  • Previous Sale Recording Date: Oct 08, 2009
  • Previous Sale Amount: $835,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2681 ft²

Average Home Age

62.4 years

Currently For Sale

3251 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: 5 months ago
Data Source: MLS PIN, MLS# 71335894

Frequently Asked Questions

When was property at 116 Indian Spring Road built and last sold?
The property at 116 Indian Spring Road was built in 1980 and last sold on Jan 1, 1970 for $881,318.
How much is this home worth?
The estimated value of the home located at 116 Indian Spring Road is $933,175.
What are some comparable homes to 116 Indian Spring Road?
There are currently no comparable homes to 116 Indian Spring Road.
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