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West Concord 01742
225 Commonwealth Ave
$930,000
● House - Off Market

225 Commonwealth Ave

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,494 Ft²
$5,467
Est. Monthly

About This Property

Delightful Craftsman cottage steps from the vibrant center of West Concord. Completely remodeled in 2005 and meticulously maintained since. Gleaming original hardwood floors, a beautiful fireplace flanked by window seats, and a coffered ceiling in the dining room all add up to a gem of a house. From the first-floor Primary bedroom to the open, loft like second floor, there is plenty of space for everyone to relax.  A walkability score of 76% is enhanced by the proximity to the Bruce Freeman Rail Trail. Multiple dining options are available; from a casual coffee shop to a farm-to-table experience. If you are a commuter, access to Routes 2 and 128 is easy. West Concord has its own commuter rail station with a large parking lot. From the bustling center to the quiet side streets, you can find your new home here!
Unit Size
1,494 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$622
Property Type
House
Property Taxes
$900
HOA Dues
-
Year Built
1928

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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 #73291818)

Price History

Date / Event Date Event Price
Dec 9, 2024 Sold
Premium
Sold
Oct 31, 2024 In contract -
In contract
Oct 30, 2024 Price Decreased $930,000
↓ $5K (0.5%)
Price Decreased
Oct 2, 2024 Price Increased $935,000
↑ $5K (0.5%)
Price Increased
Sep 18, 2024 Listed by Coldwell Banker Realty - Concord $930,000
Listed by Coldwell Banker Realty - Concord
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,063
  • Total Building Area: 1,494
  • Gross Building Area: 3,461
  • Building Area: 1,494
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,494
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361200

Zoning

  • Zoning: C

Geography

  • Account Number: 2202
  • Parcel: CONC M:9D B:2134
  • Block: 2134
  • Municipality: CONCORD
  • Latitude: 42.4601
  • Longitude: -71.3977

    Address

  • Full Address: 225 Commonwealth Ave
  • Address - House Number: 225
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Concord
  • Carrier Code: C012
  • 4-Digit Zip Code: 2007
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,080,500

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 893,818
  • High Value: 1,051,553
  • Low Value: 736,083

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $822,900
  • Assessed Land Value: $401,900
  • Assessed Improvements Value: $421,000

    Sales

  • Current Sale Recording Date: Sep 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 158572
  • Previous Sale Recording Date: Nov 23, 2009
  • Previous Sale Amount: $445,000
  • 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 West Concord

Stats & Trends

Median Asking:

$1,198,000

Sale Price/ft²

$498

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2768 ft²

Average Home Age

48.3 years

Currently For Sale

14 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: 4 months ago
Data Source: MLS PIN, MLS# 73291818

Frequently Asked Questions

When was property at 225 Commonwealth Avenue built and last sold?
The property at 225 Commonwealth Avenue was built in 1928 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 225 Commonwealth Avenue is $901,825.
What are some comparable homes to 225 Commonwealth Avenue?
There are currently no comparable homes to 225 Commonwealth Avenue.
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