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Middlesex 01742
174 Independence Road
Photo of 174 Independence Road
Sold on Apr 9, 2007

1

Map

$1,090,000
● House - Off Market

174 Independence Road

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,115 Ft²
$2,224,720
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

Charming garrison colonial on The Ridge and less than a mile from Concord Center. Half acre lot features a potting shed and several gardens, front brick patio and 15x15 three season room off family room. Family room with raised fireplace and table area is beside efficient kitchen which features lots of cabinets and counterspace. Generous closets and storage space. Room to expand. Owner will pay for new four bedroom septic system which has been designed.
Unit Size
2,115 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$562
Property Type
House
Property Taxes
$767
HOA Dues
-
Year Built
2012

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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 months ago (MLSPIN #70520792)

Price History

Date / Event Date Event Price
Apr 9, 2007 Sold
Premium
Sold
Feb 4, 2007 Listed $1,188,000
Listed
Jan 4, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • 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: 22,178
  • Total Building Area: 5,024
  • Gross Building Area: 10,759
  • Building Area: 5,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,024
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONCORD
  • Land Acres: 0000000509
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361300

Zoning

  • Zoning: B

Geography

  • Account Number: 1874
  • Parcel: CONC M:8I B:4160
  • Block: 4160
  • Municipality: CONCORD
  • Latitude: 42.4626
  • Longitude: -71.3337

    Address

  • Full Address: 174 Independence Rd
  • Address - House Number: 174
  • Address - Street Name: Independence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C005
  • 4-Digit Zip Code: 2645
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,026,400

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 86
  • Final Value: 3,003,844
  • High Value: 3,375,533
  • Low Value: 2,632,155

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,066,600
  • Assessed Land Value: $968,600
  • Assessed Improvements Value: $2,098,000

    Sales

  • Current Sale Recording Date: Apr 09, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00063204
  • Previous Sale Recording Date: Jan 04, 1988
  • Previous Sale Amount: $442,000
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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 months ago
Data Source: MLS PIN, MLS# 70520792

Frequently Asked Questions

When was property at 174 Independence Road built and last sold?
The property at 174 Independence Road was built in 2012 and last sold on Jan 1, 1970 for $1,090,000.
How much is this home worth?
The estimated value of the home located at 174 Independence Road is $1,181,875.
What are some comparable homes to 174 Independence Road?
There are currently no comparable homes to 174 Independence Road.
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