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West Concord 01742
1295 Main Street
$682,000
● House - Off Market

1295 Main Street

Concord, MA 01742
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,078 Ft²
$1,301,532
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Village Colonial in the heart of vibrant West Concord Center - a block to library, commuter train, shops & a few blocks to Thoreau Elementary School. Originally built in 1890 as a single family,this handsome home has been used as a multi family for decades.  Presently a two family, the property offers a great investment opportunity...restoration back to a single family is an exciting option. High ceilings, bay windows, hardwood floors, built in bookcases & cupboards and front & rear staircases.
Unit Size
3,078 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$221
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1890

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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 #71496246)

Price History

Date / Event Date Event Price
May 31, 2013 Sold
Premium
Sold
Mar 20, 2013 Listed by Barrett Sotheby's International Realty $679,000
Listed by Barrett Sotheby's International Realty
Feb 26, 2010 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,871
  • Total Building Area: 3,078
  • Gross Building Area: 5,959
  • Building Area: 3,078
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,078
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361200

Zoning

  • Zoning: C

Geography

  • Account Number: 3771
  • Parcel: CONC M:10D B:2609
  • Block: 2609
  • Municipality: CONCORD
  • Latitude: 42.455
  • Longitude: -71.3942

    Address

  • Full Address: 1295 Main St
  • Address - House Number: 1295
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Concord
  • Carrier Code: C019
  • 4-Digit Zip Code: 3009
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,368,100

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 1,889,379
  • High Value: 2,320,269
  • Low Value: 1,458,488

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,042,000
  • Assessed Land Value: $423,900
  • Assessed Improvements Value: $618,100

    Sales

  • Current Sale Recording Date: May 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000011
  • Previous Sale Recording Date: Feb 26, 2010
  • Previous Sale Amount: $42,500,000
  • Previous Sale Document Type: 34
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

3272 ft²

Average Home Age

28.2 years

Currently For Sale

10 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# 71496246

Frequently Asked Questions

When was property at 1295 Main Street built and last sold?
The property at 1295 Main Street was built in 1890 and last sold on Jan 1, 1970 for $682,000.
How much is this home worth?
The estimated value of the home located at 1295 Main Street is $686,586.
What are some comparable homes to 1295 Main Street?
There are currently no comparable homes to 1295 Main Street.
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