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Middlesex
151 Park Rd
$325,000
● House - Off Market

151 Park Rd

Chelmsford, MA 01824
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,838 Ft²
$688,496
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Comfortable and cozy describes this South Chelmsford Cape. Large Updated Kitchen with breakfast area hardwood flooring and recessed lights. Front to back Livingroom with a wood burning fireplace. Office/ Study opens to a spacious Cathedral Ceiling family room with skylights and Bay window.. The 3 season porch is set to add heat to make it a year round room. Newer roof and heating system. There is an oversized one car detached garage along with a nice level lot. Full bath on both levels. Full Cedar Closet located in basement. Minutes to Great Brook Farm, Bike Path and Chelmsford Country Club.
Unit Size
1,838 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$201
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1947

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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 #71684396)

Price History

Date / Event Date Event Price
Sep 4, 2014 Sold
Premium
Sold
May 20, 2014 Listed by Coldwell Banker Residential Brokerage - Chelmsford $369,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,500
  • Total Building Area: 1,760
  • Gross Building Area: 2,952
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • 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: 317103

Geography

  • Account Number: 10009
  • Parcel: CHEL M:0125 B:0462 L:32
  • Block: 462
  • Lot: 32
  • Municipality: CHELMSFORD
  • Latitude: 42.5671
  • Longitude: -71.3685

    Address

  • Full Address: 151 Park Rd
  • Address - House Number: 151
  • Address - Street Name: Park
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 4314
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $766,900

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 670,174
  • High Value: 793,886
  • Low Value: 546,461

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $533,700
  • Assessed Land Value: $353,600
  • Assessed Improvements Value: $180,100

    Sales

  • Current Sale Recording Date: Sep 04, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35039
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

2722 ft²

Average Home Age

65.1 years

Currently For Sale

3073 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# 71684396

Frequently Asked Questions

When was property at 151 Park Road built and last sold?
The property at 151 Park Road was built in 1947 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 151 Park Road is $394,749.
What are some comparable homes to 151 Park Road?
There are currently no comparable homes to 151 Park Road.
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