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Middlesex
157 Mill Rd
$534,888
● House - Off Market

157 Mill Rd

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,500 Ft²
$3,190
Est. Monthly
8.70%
Cap Rate

About This Property

VERY PRIVATE SETTING......magnificant home has been well cared for. Finished 3rd level with full bath makes room for the Ext family. Formal LR features hdw flrs,13' walkout Bay window,woodstove.1st flr FR with cath ceilings, gas firplace atruim doors to three season porch that over looks a spectacular lot with running brook, Gazebo and 2 resident ducks. Walk out LL with 1/2 bath, wet bar,1st floor laundry,JennAir counter top range, lots of extra closet space,jaccuzi tub. Come see for yourself.
Unit Size
3,500 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$153
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1987

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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 #71061961)

Price History

Date / Event Date Event Price
Mar 17, 2021 Sold
Premium
Sold
Jan 28, 2021 Listed by CENTURY 21 Landmark Realty $785,000
Listed by CENTURY 21 Landmark Realty
Apr 9, 2010 Listed by CENTURY 21 Landmark Realty $534,888
Listed by CENTURY 21 Landmark Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 65,340
  • Total Building Area: 2,737
  • Gross Building Area: 5,994
  • Building Area: 2,737
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,737
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • 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: 6350
  • Parcel: CHEL M:0113 B:0431 L:10
  • Block: 431
  • Lot: 10
  • Municipality: CHELMSFORD
  • Latitude: 42.5785
  • Longitude: -71.3242

    Address

  • Full Address: 157 Mill Rd
  • Address - House Number: 157
  • 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: $1,094,900

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 937,390
  • High Value: 1,081,655
  • Low Value: 793,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $761,900
  • Assessed Land Value: $321,900
  • Assessed Improvements Value: $440,000

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15947
  • Previous Sale Recording Date: Aug 20, 2012
  • Previous Sale Document Type: 27
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: 2 years ago
Data Source: MLS PIN, MLS# 71061961

Frequently Asked Questions

When was property at 157 Mill Road built and last sold?
The property at 157 Mill Road was built in 1987 and last sold on Mar 17, 2021 for $800,000.
How much is this home worth?
The estimated value of the home located at 157 Mill Road is $0.
What are some comparable homes to 157 Mill Road?
There are currently no comparable homes to 157 Mill Road.
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