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Middlesex
12 Rack Rd
$370,000
● House - Off Market

12 Rack Rd

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,802 Ft²
$874,931
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

Prime Hitchinpost neighborhood for this beautiful 4 bdrm. Colonial on a gorgeous acre+ lot.  Home features spacious front-back kitchen/dining area loaded w/updated cherry cabinets, brkfast bar, and huge bay window letting in lots of light. FP lvrm., HW floors, 4 large corner bedrooms, daylite windows on LL, 3 season porch, and oversized 2 car attached garage are just some of the features  that make this a perfect choice for your next home!
Unit Size
1,802 Ft²
Days on Market
-
Land Size
1.63 acres
Price per sqft
$214
Property Type
House
Property Taxes
$526
HOA Dues
-
Year Built
1967

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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 #71241760)

Price History

Date / Event Date Event Price
Oct 28, 2011 Sold
Premium
Sold
Jun 2, 2011 Listed by Coldwell Banker Residential Brokerage - Chelmsford $384,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 71,003
  • Total Building Area: 1,802
  • Gross Building Area: 3,886
  • Building Area: 1,802
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,802
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HITCHINPOST ROAD HOMES SEC X
  • Land Acres: 0000001630
  • 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: 9432
  • Parcel: CHEL M:0069 B:0309 L:23
  • Block: 309
  • Lot: 23
  • Municipality: CHELMSFORD
  • Latitude: 42.5988
  • Longitude: -71.3958

    Address

  • Full Address: 12 Rack Rd
  • Address - House Number: 12
  • Address - Street Name: Rack
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C012
  • 4-Digit Zip Code: 1924
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $918,800

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 763,192
  • High Value: 880,648
  • Low Value: 645,736

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $639,400
  • Assessed Land Value: $373,700
  • Assessed Improvements Value: $265,700

    Sales

  • Current Sale Recording Date: Oct 28, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000004
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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# 71241760

Frequently Asked Questions

When was property at 12 Rack Road built and last sold?
The property at 12 Rack Road was built in 1967 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 12 Rack Road is $408,899.
What are some comparable homes to 12 Rack Road?
There are currently no comparable homes to 12 Rack Road.
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