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Middlesex
153 Mill Rd
$249,900
● House - Off Market

153 Mill Rd

Chelmsford, MA 01824
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,139 Ft²
$474,022
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

A Charming and Convenient home in prime commuter location, just off Route 3.  This Rare Brick Ranch is cute as a button and on large lot. A Perfect starter home or for someone looking to downsize.  This home boasts Hardwood Floors throughout the first floor.  This home also has a large family room in the walk-out basement.  The Family Room also has a wood stove that stays.  Other features include a new roof (2013) and newer furnace (2002).  Everything is all set, nothing to do but move in and enjoy.  All appliances stay too.
Unit Size
1,139 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$219
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #71573033)

Price History

Date / Event Date Event Price
Oct 25, 2013 Sold
Premium
Sold
Aug 21, 2013 Listed by RE/MAX Prestige $249,900
Listed by RE/MAX Prestige

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • 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: 41,941
  • Total Building Area: 925
  • Gross Building Area: 2,000
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 925
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000963
  • 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: 6341
  • Parcel: CHEL M:0113 B:0431 L:3
  • Block: 431
  • Lot: 3
  • Municipality: CHELMSFORD
  • Latitude: 42.5791
  • Longitude: -71.3246

    Address

  • Full Address: 153 Mill Rd
  • Address - House Number: 153
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C011
  • 4-Digit Zip Code: 4833
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $568,500

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 497,163
  • High Value: 591,848
  • Low Value: 402,477

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,600
  • Assessed Land Value: $271,400
  • Assessed Improvements Value: $124,200

    Sales

  • Current Sale Recording Date: Oct 25, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56842
  • Previous Sale Recording Date: Oct 25, 2013
  • Previous Sale Amount: $249,900
  • Previous Sale Document Type: O
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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: 4 months ago
Data Source: MLS PIN, MLS# 71573033

Frequently Asked Questions

When was property at 153 Mill Road built and last sold?
The property at 153 Mill Road was built in 1955 and last sold on Jan 1, 1970 for $249,900.
How much is this home worth?
The estimated value of the home located at 153 Mill Road is $267,201.
What are some comparable homes to 153 Mill Road?
There are currently no comparable homes to 153 Mill Road.
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