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Middlesex
16 Chippewa Road
Photo of 16 Chippewa Road
Sold on Jul 31, 2008

1

Map

$510,000
● House - Off Market

16 Chippewa Road

Westford, MA 01886
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,174 Ft²
$1,002,094
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

If you are looking for a well-maintained & immaculate 4 Bedroom Colonial in a desirable neighborhood - you have found your new address! Hicks-built pristine Garrison Colonial on an acre lot w/perennial gardens and expansive lot. Oversized deck w/pergola off of family room lends to outdoor gatherings.  New tiled kitchen floor & corian counters.  New Heating/AC System(2008). Newer Roof, Water Heater & Garage Door,Carpet & Fresh Paint throughout. Nothing to do but turn on the barbecue!
Unit Size
2,174 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$244
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1980

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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 #70780394)

Price History

Date / Event Date Event Price
Jul 23, 2020 Sold
Premium
Sold
Jul 31, 2008 Sold
Premium
Sold
Jun 19, 2008 Listed $529,900
Listed

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 1,202
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,602
  • Total Building Area: 2,174
  • Gross Building Area: 4,274
  • Building Area: 2,174
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,174
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000978
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westford School District
  • Census Tract: 318300

Zoning

  • Zoning: RA

Geography

  • Parcel: WFOR M:0028.0 P:0011 S:0000
  • Municipality: WESTFORD
  • Latitude: 42.5842
  • Longitude: -71.4036

    Address

  • Full Address: 16 Chippewa Rd
  • Address - House Number: 16
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westford
  • Carrier Code: R003
  • 4-Digit Zip Code: 2727
  • Zip Code: 01886

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $973,300

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 856,922
  • High Value: 1,006,857
  • Low Value: 706,987

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $706,800
  • Assessed Land Value: $333,000
  • Assessed Improvements Value: $373,800

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Jul 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33439
  • Previous Sale Recording Date: Jul 31, 2008
  • Previous Sale Amount: $510,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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: 5 months ago
Data Source: MLS PIN, MLS# 70780394

Frequently Asked Questions

When was property at 16 Chippewa Road built and last sold?
The property at 16 Chippewa Road was built in 1980 and last sold on Jul 22, 2020 for $649,000.
How much is this home worth?
The estimated value of the home located at 16 Chippewa Road is $555,857.
What are some comparable homes to 16 Chippewa Road?
There are currently no comparable homes to 16 Chippewa Road.
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