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West Concord 01742
1657&165X Main Street
$1,000,000
● Land - Off Market

1657&165X Main Street

Concord, MA 01742
bedrooms
Studio
bathrooms
0 Bath
$1,566,501
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Absolutely beautiful piece of land boasts over 4 acres of land with frontage on the Assabet River!  Serene and peaceful lot where nature abounds This lot has a small slope on the front with most of the lot being level. Perk test was done in 2000, sewer hook up for one home is at side of the property next to Westvale Condos. The Damon Barn has been used a a single family home for almost 40 years with possibilities galore!  Situated between The famed Riverwalk Condos and Westvale meadows, it is close to commuter rail, shops and Rte 2. Don't miss this opportunity!
Unit Size
-
Days on Market
-
Land Size
4.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,132
HOA Dues
-
Year Built
1900

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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 #72430687)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Dec 5, 2018 Listed by Keller Williams Realty Boston Northwest $1,100,000
Listed by Keller Williams Realty Boston Northwest

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • 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: 61,401
  • Total Building Area: 3,663
  • Gross Building Area: 7,778
  • Building Area: 3,663
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,663
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONCORD
  • Land Acres: 0000001410
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361200

Zoning

  • Zoning: C

Geography

  • Account Number: 3541
  • Parcel: CONC M:10C B:2687
  • Block: 2687
  • Municipality: CONCORD
  • Latitude: 42.4532
  • Longitude: -71.4071

    Address

  • Full Address: 1657 Main St
  • Address - House Number: 1657
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Concord
  • Carrier Code: C018
  • 4-Digit Zip Code: 2830
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,490,400

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $1,012,500
  • Assessed Land Value: $424,000
  • Assessed Improvements Value: $588,500

    Sales

  • Current Sale Contract Date: Sep 17, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 169680
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:

$1,199,000

Sale Price/ft²

$496

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2699 ft²

Average Home Age

49 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: 4 years ago
Data Source: MLS PIN, MLS# 72430687

Frequently Asked Questions

When was property at 1657 Main Street built and last sold?
The property at 1657 Main Street was built in 1900 and last sold on Sep 17, 2019 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 1657 Main Street is $1,111,000.
What are some comparable homes to 1657 Main Street?
There are currently no comparable homes to 1657 Main Street.
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