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Middlesex
198 Proctor Rd
$450,000
● House - Off Market

198 Proctor Rd

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,984 Ft²
$832,602
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

A WELL ESTABLISHED NEIGHBORHOOD IN S.CHELMSFORD ON THE CARLISLE LINE. Open kitchen/dining w/tile/HW floors, beautiful wood w/glass cabinets,recessed lights,corian counters, SS appliances and bay windows in DR, fireplace FR and formal LR. ***BONUS*** sunroom w/cathedral beamed ceiling,ceiling fan, sliders (heat & AC) is a great spot for morning coffee or relaxing evenings.The 4 spacious BR's have closet organizers & HW floors.Anderson renewal windows-2010, wrap around deck and detached*** 3 CAR GARAGE*** w/loft is great for hobbies,crafts or art studio. Enjoy summer/winter activities w/o leaving town: Great Brook State Park with dairy farm, hiking/mountain biking trails & cross country skiing. Hart Pond, Bruce Freeman Rail Trail for walking & cycling,Chelmsford Ctr for the Arts, Russell Mill Swim &Tennis Club, seasonal Farmer's Market & traditional 4th of July Parade, along with restaurants,shopping,dining,library and major rtes. make Chelmsford a home and community for happy living!
Unit Size
1,984 Ft²
Days on Market
-
Land Size
1.56 acres
Price per sqft
$242
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1967

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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 #71801618)

Price History

Date / Event Date Event Price
Jul 12, 2021 Sold
Premium
Sold
Jul 31, 2015 Sold
Premium
Sold
Mar 16, 2015 Listed by ERA Key Realty Services $479,900
Listed by ERA Key Realty Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 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: 67,954
  • Total Building Area: 1,984
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001560
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Chelmsford School District
  • School Tax School District: CHELMSFORD SD
  • Census Tract: 317103

Geography

  • Account Number: 7163
  • Parcel: CHEL M:0134 B:0485 L:9
  • Block: 485
  • Lot: 9
  • Municipality: CHELMSFORD
  • Latitude: 42.5624
  • Longitude: -71.3542

    Address

  • Full Address: 198 Proctor Rd
  • Address - House Number: 198
  • Address - Street Name: Proctor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C018
  • 4-Digit Zip Code: 4433
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $964,400

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 726,120
  • High Value: 860,160
  • Low Value: 592,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $671,100
  • Assessed Land Value: $372,800
  • Assessed Improvements Value: $298,300

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40873
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: O
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# 71801618

Frequently Asked Questions

When was property at 198 Proctor Road built and last sold?
The property at 198 Proctor Road was built in 1967 and last sold on Jul 9, 2021 for $460,000.
How much is this home worth?
The estimated value of the home located at 198 Proctor Road is $502,901.
What are some comparable homes to 198 Proctor Road?
There are currently no comparable homes to 198 Proctor Road.
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