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Middlesex 01730
2 Independence Road
$760,000
● House - Off Market

2 Independence Road

Bedford, MA 01730
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$1,121,992
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Just the spot!  This fabulous offering on a mature tree-lined street features Bedford's great schools, extensive hiking trails and the Edge sports facility for starters.  Multiple commuting options that includes the highly utilized bike path to Cambridge are a moment away. This well-maintained, multi-level Gambrel, with 4-bedrooms (one on first floor) on nearly half an acre, has a large master with study and spacious dressing room, remodeled  kitchen, in-ground pool and sport court and has been enjoyed by families for years.The neighborhood of meandering streets is inundated with tricycles, bicycles and all that a family might want.  Enjoy your backyard recreational retreat after work and all weekend long from the expansive   deck, truly a "staycation".  It is your turn.  Come, enjoy!
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$266
Property Type
House
Property Taxes
$842
HOA Dues
-
Year Built
1982

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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 #72177704)

Price History

Date / Event Date Event Price
Jul 27, 2017 Sold
Premium
Sold
Jun 7, 2017 Listed by Barrett Sotheby's International Realty $719,000
Listed by Barrett Sotheby's International Realty
Jun 28, 2010 Sold
Premium
Sold
Mar 18, 2010 Listed by Barrett Sotheby's International Realty $608,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,086
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,084
  • Total Building Area: 2,146
  • Gross Building Area: 3,622
  • Building Area: 2,146
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,146
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARTWELL ACRES 02
  • Land Acres: 0000000392
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bedford School District
  • School Tax School District: BEDFORD SD
  • Census Tract: 359303

Zoning

  • Zoning: C

Geography

  • District: 23
  • Parcel: BEDF M:070 P:0025-Z
  • Municipality: BEDFORD
  • Latitude: 42.481
  • Longitude: -71.2826

    Address

  • Full Address: 2 Independence Rd
  • Address - House Number: 2
  • Address - Street Name: Independence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bedford
  • Carrier Code: C015
  • 4-Digit Zip Code: 2434
  • Zip Code: 01730

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $928,100

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,063,878
  • High Value: 1,253,751
  • Low Value: 874,005

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $781,200
  • Assessed Land Value: $456,500
  • Assessed Improvements Value: $324,700

    Sales

  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118553
  • Previous Sale Recording Date: Jun 28, 2010
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72177704

Frequently Asked Questions

When was property at 2 Independence Road built and last sold?
The property at 2 Independence Road was built in 1982 and last sold on Jan 1, 1970 for $760,000.
How much is this home worth?
The estimated value of the home located at 2 Independence Road is $750,635.
What are some comparable homes to 2 Independence Road?
There are currently no comparable homes to 2 Independence Road.
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