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Middlesex 01730
23 Independence Road
Photo of 23 Independence Road
Sold on Jul 29, 2008

1

Map

$429,000
● House - Off Market

23 Independence Road

Bedford, MA 01730
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,012 Ft²
$922,696
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

Attractive split entry home located in a sought after neighborhood. Sunny level lot. Underground utilties. Tile entry welcomes you to the bay window living rm, formal dining rm w/sliders to deck. Tile floor eat-in-kitchen w/ceiling fan & newer appliances.  LL consists of a spac. fireplaced fam rm, Bedroom &  1 car garage. Separate bldg is an ovrszd 1 to 2 car garage or other uses. Near skating rink & bike path.
Unit Size
2,012 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$233
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1982

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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 months ago (MLSPIN #70733062)

Price History

Date / Event Date Event Price
Jul 28, 2008 Sold
Premium
Sold
Mar 27, 2008 Listed $469,000
Listed
Oct 16, 1996 Sold
Premium
Sold
Jan 16, 1996 Listed $269,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,248
  • Total Building Area: 1,220
  • Gross Building Area: 2,468
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000373
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bedford School District
  • School Tax School District: BEDFORD SD
  • Census Tract: 359303

Zoning

  • Zoning: C

Geography

  • Parcel: BEDF M:070 P:0009-Z
  • Municipality: BEDFORD
  • Latitude: 42.4805
  • Longitude: -71.2862

    Address

  • Full Address: 23 Independence Rd
  • Address - House Number: 23
  • Address - Street Name: Independence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bedford
  • Carrier Code: C015
  • 4-Digit Zip Code: 2436
  • Zip Code: 01730

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $847,500

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 842,500
  • High Value: 991,256
  • Low Value: 693,744

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $713,400
  • Assessed Land Value: $453,400
  • Assessed Improvements Value: $260,000

    Sales

  • Current Sale Recording Date: Jul 28, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00124187
  • Previous Sale Recording Date: Oct 16, 1996
  • Previous Sale Amount: $260,000
  • 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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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 months ago
Data Source: MLS PIN, MLS# 70733062

Frequently Asked Questions

When was property at 23 Independence Road built and last sold?
The property at 23 Independence Road was built in 1982 and last sold on Jan 1, 1970 for $429,000.
How much is this home worth?
The estimated value of the home located at 23 Independence Road is $493,371.
What are some comparable homes to 23 Independence Road?
There are currently no comparable homes to 23 Independence Road.
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