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Middlesex
233 Mill Road
$575,000
● House - Off Market

233 Mill Road

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$3,368
Est. Monthly

About This Property

Come take a look at this well maintained home having the same owners for over 50 years!!  This pretty house features a living room with fireplace and hardwood floors throughout.  Kitchen with nice cabinetry and granite. Dining room for entertaining. 3 good size bedrooms and 1 bath. Access deck from the kitchen.  Lower Level offering full size windows and plenty of space to finish to add in extra living area - do it right away or over time. Newer heating system. 1 car garage. Nice lot (see plot plan attached goes beyond fence) with endless possibilities for outside enjoyment and entertaining.  Easy access to highways with a great  location for commuters into Boston or to head up North. Close to Billerica line.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$544
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
1961

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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 #73192638)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Premium
Sold
Jan 20, 2024 In contract -
In contract
Jan 11, 2024 Listed by FICO Realty Group $574,900
Listed by FICO Realty Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,140
  • Total Building Area: 1,056
  • Gross Building Area: 2,652
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000531
  • 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: 317103

Geography

  • Account Number: 5282
  • Parcel: CHEL M:0106 B:0408 L:1
  • Block: 408
  • Lot: 1
  • Municipality: CHELMSFORD
  • Latitude: 42.5837
  • Longitude: -71.3185

    Address

  • Full Address: 233 Mill Rd
  • Address - House Number: 233
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C025
  • 4-Digit Zip Code: 4130
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $653,000

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 587,092
  • High Value: 632,528
  • Low Value: 541,656

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454,400
  • Assessed Land Value: $292,700
  • Assessed Improvements Value: $161,700

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5129
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73192638

Frequently Asked Questions

When was property at 233 Mill Road built and last sold?
The property at 233 Mill Road was built in 1961 and last sold on Feb 29, 2024 for $575,000.
How much is this home worth?
The estimated value of the home located at 233 Mill Road is $576,817.
What are some comparable homes to 233 Mill Road?
There are currently no comparable homes to 233 Mill Road.
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