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West Concord 01742
16 Old Marlboro Rd
$535,000
● House - Off Market

16 Old Marlboro Rd

Concord, MA 01742
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,582 Ft²
$853,380
RealtyHop Estimate
56.01%
Since Jan 1, 2018
MA-Boston
Primary Model

About This Property

An affordable, move-in ready home in the #2 rated school system in Eastern Massachusetts.  Great location where the kids can ride their bikes to either middle school and you can walk to the West Concord train station, Starbucks and Woods Hill Table. Updated kitchen. Beautiful wood floors throughout. High ceilings,wainscoting and crown molding. Concrete basement with full walk out to the back yard.  Wood burning fireplace. Potential rental income to help with your mortgage or a great master suite, Garage.  Large lot.  This is a well maintained home with a 5 year old gas fired boiler and a 10 year old roof. A brand new 4 bedroom septic system will be installed before closing - there will be no cost or inconvenience to the buyer.  Open House Sunday October 8 from 12 noon to 1pm - Stop in and fall in love,
Unit Size
1,582 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$346
Property Type
House
Property Taxes
$740
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: 6 months ago (MLSPIN #72166279)

Price History

Date / Event Date Event Price
Dec 19, 2017 Sold
Premium
Sold
May 17, 2017 Listed by Charles Associates $547,000
Listed by Charles Associates
Jan 30, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,970
  • Total Building Area: 1,582
  • Gross Building Area: 3,816
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361100

Zoning

  • Zoning: C

Geography

  • Account Number: 4031
  • Parcel: CONC M:10F B:3651
  • Block: 3651
  • Municipality: CONCORD
  • Latitude: 42.4537
  • Longitude: -71.3773

    Address

  • Full Address: 16 Old Marlboro Rd
  • Address - House Number: 16
  • Address - Street Name: Old Marlboro
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C019
  • 4-Digit Zip Code: 4130
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,010,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 838,144
  • High Value: 971,500
  • Low Value: 704,788

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $769,900
  • Assessed Land Value: $481,000
  • Assessed Improvements Value: $288,900

    Sales

  • Current Sale Recording Date: Dec 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 205423
  • Previous Sale Recording Date: Jan 30, 1996
  • Previous Sale Amount: $200,000
  • 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 West Concord

Stats & Trends

Median Asking:

$1,200,000

Sale Price/ft²

$517

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3843 ft²

Average Home Age

27.9 years

Currently For Sale

13 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: 6 months ago
Data Source: MLS PIN, MLS# 72166279

Frequently Asked Questions

When was property at 16 Old Marlboro Road built and last sold?
The property at 16 Old Marlboro Road was built in 1962 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 16 Old Marlboro Road is $564,430.
What are some comparable homes to 16 Old Marlboro Road?
There are currently no comparable homes to 16 Old Marlboro Road.
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