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Middlesex
218 Concord Road
$1,000,000
● House - Off Market

218 Concord Road

Lincoln, MA 01773
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,970 Ft²
$2,109,025
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Gentleman's farm. Classic colonial with relaxed farmhouse feel set on 4+ bucolic acres.  Three bedrooms, five fireplaces, updated kitchen and baths plus finished walkout lower level.  New  2006, 3 stall barn with entertainment sized loft, fenced pastures with access to riding/jogging trails or room to add pool or tennis court. Two scenic ponds.  Newer 5 bedroom septic for expansion possibility. Enjoy Vermont living with proximity to Boston and access to top Lincoln schools.
Unit Size
2,970 Ft²
Days on Market
-
Land Size
4.61 acres
Price per sqft
$370
Property Type
House
Property Taxes
$1,310
HOA Dues
-
Year Built
1946

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71526736)

Price History

Date / Event Date Event Price
Jan 23, 2014 Sold
Premium
Sold
May 16, 2013 Listed by Hammond Residential $1,100,000
Listed by Hammond Residential
Sep 8, 2003 Sold
Premium
Sold
May 16, 2003 Listed by Hammond Residential $1,195,000
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 200,794
  • Total Building Area: 2,970
  • Gross Building Area: 5,236
  • Building Area: 2,970
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,970
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004610
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lincoln-Sudbury School District
  • School Tax School District: LINCOLN SD
  • Census Tract: 360300

Zoning

  • Zoning: R1

Geography

  • Parcel: LINC M:173 L:17 S:0
  • Lot: 17
  • Municipality: LINCOLN
  • Latitude: 42.4108
  • Longitude: -71.3418

    Address

  • Full Address: 218 Concord Rd
  • Address - House Number: 218
  • Address - Street Name: Concord
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lincoln
  • Carrier Code: R001
  • 4-Digit Zip Code: 5115
  • Zip Code: 01773

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,676,100

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,619,888
  • High Value: 1,875,324
  • Low Value: 1,364,451

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,300,300
  • Assessed Land Value: $827,100
  • Assessed Improvements Value: $473,200

    Sales

  • Current Sale Recording Date: Jan 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Sep 08, 2003
  • Previous Sale Amount: $1,195,000
  • 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:

$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# 71526736

Frequently Asked Questions

When was property at 218 Concord Road built and last sold?
The property at 218 Concord Road was built in 1946 and last sold on Jan 1, 1970 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 218 Concord Road is $1,133,689.
What are some comparable homes to 218 Concord Road?
There are currently no comparable homes to 218 Concord Road.
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