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Middlesex
22 Locust Rd
$575,000
● House - Off Market

22 Locust Rd

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,360 Ft²
$1,072,956
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Stunning Custom Built Home being sold by the original owner. Pride of ownership prevails here!  Updated kitchen with stainless appliances and corian counter opens  to a warm and inviting stone fireplaced family room. Front to back living room has a fireplace as well. Enjoy entertaining in your dining room with wainscoting and custom beams. Updated bathrooms. Beautiful wood pine floors throughout .  Young roof, exterior recently painted , central air , alarm and sprinkler system. Walk up attic. An extra 400 sq ft of living space in the finished walk out basement.  Quality galore . All this set on a magnificent 1.5 acre private lot. Don't miss out on this gem, make an appointment today!.  Open house Sunday Sept 7th noon to 2pm.
Unit Size
2,360 Ft²
Days on Market
-
Land Size
1.55 acres
Price per sqft
$244
Property Type
House
Property Taxes
$662
HOA Dues
-
Year Built
1976

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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 #71737433)

Price History

Date / Event Date Event Price
Nov 3, 2014 Sold
Premium
Sold
Sep 3, 2014 Listed by LAER Realty Partners $574,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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: 67,518
  • Total Building Area: 2,360
  • Gross Building Area: 4,992
  • Building Area: 2,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,360
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001550
  • 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: 317101

Geography

  • Account Number: 7523
  • Parcel: CHEL M:0101 B:0383 L:4
  • Block: 383
  • Lot: 4
  • Municipality: CHELMSFORD
  • Latitude: 42.5856
  • Longitude: -71.3706

    Address

  • Full Address: 22 Locust Rd
  • Address - House Number: 22
  • Address - Street Name: Locust
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: R022
  • 4-Digit Zip Code: 3804
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,066,400

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 906,953
  • High Value: 1,066,377
  • Low Value: 747,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $742,100
  • Assessed Land Value: $372,700
  • Assessed Improvements Value: $369,400

    Sales

  • Current Sale Recording Date: Nov 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44313
  • Previous Sale Recording Date: Nov 29, 2002
  • Previous Sale Document Type: 48
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# 71737433

Frequently Asked Questions

When was property at 22 Locust Road built and last sold?
The property at 22 Locust Road was built in 1976 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 22 Locust Road is $605,936.
What are some comparable homes to 22 Locust Road?
There are currently no comparable homes to 22 Locust Road.
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