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Middlesex
2 Minuteman Drive
Photo of 2 Minuteman Drive
Sold on Sep 12, 2011

1

Map

$584,900
● House - Off Market

2 Minuteman Drive

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,560 Ft²
$1,226,298
RealtyHop Estimate
109.66%
Since Oct 1, 2011
MA-Boston
Primary Model

About This Property

Go "Green" & still have all the bells & whistles in a beautiful "New Construction" Colonial. This "ENERGY-STAR" rated home features custom gourmet kit with energy efficient stainless steel appliances, granite counters & picture window, huge FR with fireplace perfect for entertaining, MBR has walk-in closet & private bath, first floor laundry, ceramic tile, hardwood &  carpeting, wood deck, private wooded acre lot on cul-de-sac in prime Chelmsford location. Now is the time to make your choices!
Unit Size
2,560 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$228
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011

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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: 2 months ago (MLSPIN #71250172)

Price History

Date / Event Date Event Price
Aug 1, 2014 Sold
Premium
Sold
Jun 10, 2014 Listed by Coldwell Banker Residential Brokerage - Chelmsford $679,000
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Sep 13, 2011 Sold
Premium
Sold
Jun 17, 2011 Listed by Coldwell Banker Residential Brokerage - Chelmsford $584,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • 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: 0
  • Building Style: 5
  • 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: 40,047
  • Total Building Area: 2,570
  • Gross Building Area: 4,580
  • Building Area: 2,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,570
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MINUTEMAN ESTATES
  • Land Acres: 0000000919
  • 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: 317103

Geography

  • Account Number: 6998
  • Parcel: CHEL M:0119 B:0412 L:25
  • Block: 412
  • Lot: 25
  • Municipality: CHELMSFORD
  • Latitude: 42.5735
  • Longitude: -71.3483

    Address

  • Full Address: 2 Minuteman Dr
  • Address - House Number: 2
  • Address - Street Name: Minuteman
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C018
  • 4-Digit Zip Code: 4646
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,202,500

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 988,947
  • High Value: 1,162,784
  • Low Value: 815,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $836,800
  • Assessed Land Value: $373,900
  • Assessed Improvements Value: $462,900

    Sales

  • Current Sale Recording Date: Aug 01, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29873
  • Previous Sale Recording Date: Sep 13, 2011
  • Previous Sale Amount: $584,900
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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: 2 months ago
Data Source: MLS PIN, MLS# 71250172

Frequently Asked Questions

When was property at 2 Minuteman Drive built and last sold?
The property at 2 Minuteman Drive was built in 2011 and last sold on Jan 1, 1970 for $657,000.
How much is this home worth?
The estimated value of the home located at 2 Minuteman Drive is $723,460.
What are some comparable homes to 2 Minuteman Drive?
There are currently no comparable homes to 2 Minuteman Drive.
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