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Middlesex
206 Riverneck Rd
$425,000
● House - Off Market

206 Riverneck Rd

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath
square feet
989 Ft²
$433,412
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

CONTRACTOR'S SPECIAL!  Once you see the Oversized Garage you Will Want to Live Here!  This Single Family Home has 3 Bedrooms, 1 Bath, and a detached 2 Car Garage.  It has Vinyl Siding, newer Roof, newer Windows, and newer Systems.  All the major work has been done.  This home just needs some Love and Rehabbing on the inside.  The Massive Garage has Oversized Doors and Plenty of Storage.  Viewings will be at the Open Houses Only.  Do Not walk the property before the Open House. There is an Active Alarm System.  Open Saturday, May 15th 11:00 am – 3:00 pm and Sunday May 16th 12:00  – 3:00 pm.  All offers due at 6:00 pm Monday, May 17th.  Home is being sold "AS IS AS SEEN".
Unit Size
989 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$379
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1882

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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: 5 years ago (MLSPIN #72830981)

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold
Premium
Sold
May 13, 2021 Listed by Ready RE, LLC $375,000
Listed by Ready RE, LLC

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1882
  • Effective Year Built: 1882
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 23,625
  • Total Building Area: 989
  • Gross Building Area: 2,018
  • Building Area: 989
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 989
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000542
  • 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: 317102

Geography

  • Account Number: 4928
  • Parcel: CHEL M:0064 B:0291 L:15
  • Block: 291
  • Lot: 15
  • Municipality: CHELMSFORD
  • Latitude: 42.6027
  • Longitude: -71.3293

    Address

  • Full Address: 206 Riverneck Rd
  • Address - House Number: 206
  • Address - Street Name: Riverneck
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C017
  • 4-Digit Zip Code: 2821
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $569,600

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 519,682
  • High Value: 646,899
  • Low Value: 392,464

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,400
  • Assessed Land Value: $293,200
  • Assessed Improvements Value: $103,200

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41631
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:

$819,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2716 ft²

Average Home Age

64.7 years

Currently For Sale

3114 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: 5 years ago
Data Source: MLS PIN, MLS# 72830981

Frequently Asked Questions

When was property at 206 Riverneck Road built and last sold?
The property at 206 Riverneck Road was built in 1882 and last sold on Jul 14, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 206 Riverneck Road is $0.
What are some comparable homes to 206 Riverneck Road?
There are currently no comparable homes to 206 Riverneck Road.
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