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Middlesex
16 Walnut Rd.
$347,900
● House - Off Market

16 Walnut Rd.

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,306 Ft²
$647,952
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

This well maintained traditional cape has the kitchen and dining room on the right side with a countertop opening between the two. The living room and 3rd bedroom are on he left side.  There are hardwood floors on both floors, and both baths have been updated.  The two bedrooms on the 2nd floor each have a small dormer on the front of the house and a full dormer on the back.  The biggest 2nd floor bedroom could easily be divided into two bedrooms.  The large flat back yard is fully fenced in and includes a deck.  The 2nd floor has replacement windows, and the house is vinyl sided.  There is room on the right side of the house to add a 2 car garage.  New updates in the last 3 years are the driveway, the shed, the roof, and a sprinkler system for the front yard.
Unit Size
1,306 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$260
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #71629918)

Price History

Date / Event Date Event Price
Dec 28, 2021 Sold
Premium
Sold
Nov 10, 2021 Listed by Coldwell Banker Residential Brokerage - Westford $555,000
Listed by Coldwell Banker Residential Brokerage - Westford
Dec 20, 2017 Sold
Premium
Sold
Jun 14, 2016 Sold
Premium
Sold
Mar 28, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 16,291
  • Total Building Area: 1,428
  • Gross Building Area: 3,272
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LUPIEN ACRES
  • Land Acres: 0000000374
  • 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: 317202

Geography

  • Account Number: 11382
  • Parcel: CHEL M:0048 B:0252 L:10
  • Block: 252
  • Lot: 10
  • Municipality: CHELMSFORD
  • Latitude: 42.6082
  • Longitude: -71.3777

    Address

  • Full Address: 16 Walnut Rd
  • Address - House Number: 16
  • Address - Street Name: Walnut
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C026
  • 4-Digit Zip Code: 1143
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $738,200

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 616,998
  • High Value: 724,525
  • Low Value: 509,471

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513,700
  • Assessed Land Value: $318,200
  • Assessed Improvements Value: $195,500

    Sales

  • Current Sale Contract Date: Dec 28, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74962
  • Previous Sale Recording Date: Dec 20, 2017
  • Previous Sale Amount: $44,600
  • Previous Sale Document Type: 55
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71629918

Frequently Asked Questions

When was property at 16 Walnut Road built and last sold?
The property at 16 Walnut Road was built in 1958 and last sold on Dec 28, 2021 for $606,000.
How much is this home worth?
The estimated value of the home located at 16 Walnut Road is $570,716.
What are some comparable homes to 16 Walnut Road?
There are currently no comparable homes to 16 Walnut Road.
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