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Middlesex
153 Park Road
$395,000
● House - Off Market

153 Park Road

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,640 Ft²
$906,310
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

A QUIET COUNTRY SETTING FOR THIS LOVELY 3-4BR CAPE ON LEVEL ACRE. HARDWOOD FLRS THRUOUT MOST OF THE HOUSE. EAT-IN KITCHN OPENS TO ADJACENT FAMILY RM. OVERSIZED 2 CAR GARAGE OFFERS WALK-UP 2ND LEVEL. MATURE PLANTINGS COMPLETE THE LANDSCAPE.
Unit Size
1,640 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$244
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1962

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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 years ago (MLSPIN #30731012)

Price History

Date / Event Date Event Price
Aug 26, 2003 Sold
Premium
Sold
Jun 6, 2003 Listed by ERA Key Realty Services $399,900
Listed by ERA Key Realty Services

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 44,867
  • Total Building Area: 1,572
  • Gross Building Area: 2,592
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001030
  • 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: 10008
  • Parcel: CHEL M:0125 B:0462 L:35
  • Block: 462
  • Lot: 35
  • Municipality: CHELMSFORD
  • Latitude: 42.5666
  • Longitude: -71.3686

    Address

  • Full Address: 153 Park Rd
  • Address - House Number: 153
  • 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: $805,900

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 706,942
  • High Value: 830,143
  • Low Value: 583,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,800
  • Assessed Land Value: $383,100
  • Assessed Improvements Value: $177,700

    Sales

  • Current Sale Recording Date: Aug 26, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00103819
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

2707 ft²

Average Home Age

65.3 years

Currently For Sale

3213 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30731012

Frequently Asked Questions

When was property at 153 Park Road built and last sold?
The property at 153 Park Road was built in 1962 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 153 Park Road is $0.
What are some comparable homes to 153 Park Road?
There are currently no comparable homes to 153 Park Road.
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