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Middlesex
16 Temi Rd.
$188,000
● House - Off Market

16 Temi Rd.

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,575 Ft²
$637,991
RealtyHop Estimate
239.54%
Since Jun 1, 1999
MA-Boston
Primary Model

About This Property

CHELMSFORD FARMS I LOVELY EXPANDED L-RANCH + 2C/GARAGE ON 3/4 ACRE LOT/FENCED YARD, MANY UPDATES, SUPER FAMILY ROOM, FIRPLACED LR, EUROPEAN KIT, MASTER BATH, SUPER FAM AREA VACANT-IMMEDIATE OCCUPANCY-DON'T WAIT! ALLOW 72HRS FOR OFFER
Unit Size
1,575 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$119
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1960

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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 #30306189)

Price History

Date / Event Date Event Price
May 3, 1999 Sold
Premium
Sold
Apr 1, 1999 Listed $187,900
Listed
Nov 20, 1987 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • 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: 37,417
  • Total Building Area: 1,575
  • Gross Building Area: 1,811
  • Building Area: 1,575
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,575
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHELMSFORD ACRES
  • Land Acres: 0000000859
  • 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: 6523
  • Parcel: CHEL M:0120 B:0457 L:8
  • Block: 457
  • Lot: 8
  • Municipality: CHELMSFORD
  • Latitude: 42.5719
  • Longitude: -71.34

    Address

  • Full Address: 16 Temi Rd
  • Address - House Number: 16
  • Address - Street Name: Temi
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C018
  • 4-Digit Zip Code: 4747
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $698,000

    Appraisal Valuation

  • Standard Deviation: 0.2498
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 687,763
  • High Value: 859,634
  • Low Value: 515,891

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,700
  • Assessed Land Value: $337,400
  • Assessed Improvements Value: $148,300

    Sales

  • Current Sale Recording Date: May 03, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 20, 1987
  • Previous Sale Amount: $159,500
  • 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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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# 30306189

Frequently Asked Questions

When was property at 16 Temi Road built and last sold?
The property at 16 Temi Road was built in 1960 and last sold on Jan 1, 1970 for $189,000.
How much is this home worth?
The estimated value of the home located at 16 Temi Road is $216,885.
What are some comparable homes to 16 Temi Road?
There are currently no comparable homes to 16 Temi Road.
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