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Middlesex
23 Arbor Rd
$383,000
● House - Off Market

23 Arbor Rd

Chelmsford, MA 01863
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,236 Ft²
$721,796
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Come see this beautiful, spacious 9 Room, 4 Bedroom (possible 5th bedroom upstairs), 2 Full Bath Cape today.  From the large foyer (20ft x 7ft), to the beautifully updated kitchen, to the central air and hardwood pretty much throughout this home is a must see.  A few of the nice features are: the two fireplaces, one in the (27ft x 14ft) Family Room and one in the Dining Room, the three season porch that leads to the patio and nicely landscaped back yard, new shed as of 2014 and last but not least the two bonus rooms upstairs off of the 2nd bedroom.  One of which could be used as a bedroom if needed and the other an office if you are someone that works from home.  Easy access to highways (Rte. 3, 495 to 93) and convenient to tax free shopping in New Hampshire.
Unit Size
2,236 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$177
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #71776895)

Price History

Date / Event Date Event Price
Mar 4, 2015 Sold
Premium
Sold
Dec 15, 2014 Listed by LAER Realty Partners $394,900
Listed by LAER Realty Partners
Mar 7, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7,500
  • Total Building Area: 2,419
  • Gross Building Area: 4,222
  • Building Area: 2,419
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,419
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWOOD PARK
  • Land Acres: 0000000172
  • 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: 317301

Geography

  • Account Number: 701
  • Parcel: CHEL M:0020 B:0064 L:7
  • Block: 64
  • Lot: 7
  • Municipality: CHELMSFORD
  • Latitude: 42.6344
  • Longitude: -71.3692

    Address

  • Full Address: 23 Arbor Rd
  • Address - House Number: 23
  • Address - Street Name: Arbor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 2003
  • Zip Code: 01863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $751,700

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 692,582
  • High Value: 817,209
  • Low Value: 567,954

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $523,100
  • Assessed Land Value: $262,000
  • Assessed Improvements Value: $261,100

    Sales

  • Current Sale Recording Date: Mar 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7539
  • Previous Sale Recording Date: Mar 07, 2006
  • Previous Sale Amount: $370,000
  • 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:

$824,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 6 months ago
Data Source: MLS PIN, MLS# 71776895

Frequently Asked Questions

When was property at 23 Arbor Road built and last sold?
The property at 23 Arbor Road was built in 1950 and last sold on Jan 1, 1970 for $383,000.
How much is this home worth?
The estimated value of the home located at 23 Arbor Road is $427,726.
What are some comparable homes to 23 Arbor Road?
There are currently no comparable homes to 23 Arbor Road.
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