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Middlesex 01730
2 Rodney Rd
$474,000
● House - Off Market

2 Rodney Rd

Bedford, MA 01730
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,552 Ft²
$872,024
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Tucked away in a darling neighborhood behind town center and near upper schools, (one of Bedford's Best Kept Secrets), there's a picturesque classic calling your name!  Reminiscent of simpler times, and adored by her original owner, you'll love the meticulous, expanded kitchen, well-suited to encourage lingering around a large dining table and ideal for robust holiday gatherings! The corner lot is a delight, with the garage and driveway discreetly underneath in the back, and lots of room for backyard games. 2 bedrooms up and 2 down, with one currently enjoyed as an office, this 1.5 bath gem is just waiting for your personal touches. Incredible location and outstanding value for desirable Bedford and Bedford schools!
Unit Size
1,552 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$322
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1953

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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 #71889098)

Price History

Date / Event Date Event Price
Oct 13, 2015 Sold
Premium
Sold
Aug 13, 2015 Listed by The Higgins Group REALTORS® $499,000
Listed by The Higgins Group REALTORS®

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 832
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,738
  • Total Building Area: 1,552
  • Gross Building Area: 2,616
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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

  • Parcel: BEDF M:063 P:0003
  • Municipality: BEDFORD
  • Latitude: 42.4898
  • Longitude: -71.2812

    Address

  • Full Address: 2 Rodney Rd
  • Address - House Number: 2
  • Address - Street Name: Rodney
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bedford
  • Carrier Code: C018
  • 4-Digit Zip Code: 2121
  • Zip Code: 01730

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $814,000

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 775,855
  • High Value: 946,505
  • Low Value: 605,204

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $685,200
  • Assessed Land Value: $449,700
  • Assessed Improvements Value: $235,500

    Sales

  • Current Sale Recording Date: Oct 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 173822
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71889098

Frequently Asked Questions

When was property at 2 Rodney Road built and last sold?
The property at 2 Rodney Road was built in 1953 and last sold on Jan 1, 1970 for $474,000.
How much is this home worth?
The estimated value of the home located at 2 Rodney Road is $513,658.
What are some comparable homes to 2 Rodney Road?
There are currently no comparable homes to 2 Rodney Road.
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