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Middlesex 01742
151 Park Lane
Photo of 151 Park Lane
Sold on Jul 2, 2025

10

Map

Photo of 151 Park Lane
Photo of 151 Park Lane
$1,300,000
● House - Off Market

151 Park Lane

Concord, MA 01742
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,576 Ft²
$8,074
Est. Monthly
3.06%
Cap Rate

About This Property

This four bedroom home is located in a prime location on one of the most sought after cul-de-sac neighborhoods in Concord.  Set on a 1.5 acre level lot with town water and town sewer, this property provides possibilities.  Situated in a quiet and peaceful location.  Walking trails and nature abound!  Adjacent to Nashawtuc Hill and a short walk to Concord town center via sidewalks.  Excellent commuter location via Routes 2, 3, 128, and 495.  Being sold "as is", buyers and buyer agents to do their own due diligence.  Please do not walk land without being accompanied by the listing agent.  Do not miss this rare opportunity.
Unit Size
1,576 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$825
Property Type
House
Property Taxes
$1,690
HOA Dues
-
Year Built
1963

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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: 2 years ago (MLSPIN #73380409)

Price History

Date / Event Date Event Price
Jul 2, 2025 Sold
Premium
Sold
May 31, 2025 In contract -
In contract
May 27, 2025 Listed $1,300,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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
  • 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: 65,265
  • Total Building Area: 1,576
  • Gross Building Area: 3,524
  • Building Area: 1,576
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,576
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADAMS ESTATE SEC 02-CONCORD
  • Land Acres: 0000001498
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361100

Zoning

  • Zoning: A

Geography

  • Account Number: 1614
  • Parcel: CONC M:8F B:1826
  • Block: 1826
  • Municipality: CONCORD
  • Latitude: 42.466
  • Longitude: -71.3774

    Address

  • Full Address: 151 Park Ln
  • Address - House Number: 151
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Concord
  • Carrier Code: C011
  • 4-Digit Zip Code: 1621
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,965,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 1,440,085
  • High Value: 1,676,502
  • Low Value: 1,203,669

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,496,800
  • Assessed Land Value: $1,132,200
  • Assessed Improvements Value: $364,600
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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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: 2 years ago
Data Source: MLS PIN, MLS# 73380409

Frequently Asked Questions

When was property at 151 Park Lane built and last sold?
The property at 151 Park Lane was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 151 Park Lane is $0.
What are some comparable homes to 151 Park Lane?
There are currently no comparable homes to 151 Park Lane.
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