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Middlesex
12 Drexel Dr
Photo of 12 Drexel Dr
Sold on Oct 15, 2007

1

Map

$359,900
● House - Off Market

12 Drexel Dr

Chelmsford, MA 01863
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,363 Ft²
$647,200
RealtyHop Estimate
77.36%
Since Nov 1, 2007
National-US
Primary Model

About This Property

Beautiful ranch, great Chelmsford neighborhood, in "move-in" condition! Exterior features private backyard and patio, and interior has been updated throughout. This home has been lovingly cared for and exceptionally well maintained...a must see!
Unit Size
1,363 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$268
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1961

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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 #70634857)

Price History

Date / Event Date Event Price
Oct 15, 2007 Sold
Premium
Sold
Aug 21, 2007 Listed $364,900
Listed
Jun 3, 2005 Sold
Premium
Sold
Mar 31, 2005 Listed $349,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 23,410
  • Total Building Area: 1,032
  • Gross Building Area: 2,514
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHELMSFORD
  • Land Acres: 0000000537
  • 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: 11511
  • Parcel: CHEL M:0035 B:0164 L:4
  • Block: 164
  • Lot: 4
  • Municipality: CHELMSFORD
  • Latitude: 42.6145
  • Longitude: -71.4029

    Address

  • Full Address: 12 Drexel Dr
  • Address - House Number: 12
  • Address - Street Name: Drexel
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Chelmsford
  • Carrier Code: C003
  • 4-Digit Zip Code: 2125
  • Zip Code: 01863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $674,400

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 587,395
  • High Value: 690,264
  • Low Value: 484,525

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,300
  • Assessed Land Value: $308,400
  • Assessed Improvements Value: $160,900

    Sales

  • Current Sale Recording Date: Oct 15, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00053842
  • Previous Sale Recording Date: Jun 03, 2005
  • Previous Sale Amount: $349,900
  • 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:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.2 years

Currently For Sale

3236 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: 5 months ago
Data Source: MLS PIN, MLS# 70634857

Frequently Asked Questions

When was property at 12 Drexel Drive built and last sold?
The property at 12 Drexel Drive was built in 1961 and last sold on Jan 1, 1970 for $359,900.
How much is this home worth?
The estimated value of the home located at 12 Drexel Drive is $385,230.
What are some comparable homes to 12 Drexel Drive?
There are currently no comparable homes to 12 Drexel Drive.
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