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Middlesex
24 Colonial Dr
Photo of 24 Colonial Dr

1

Map

$309,000
● House - Off Market

24 Colonial Dr

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,872 Ft²
$1,914
Est. Monthly
16.02%
Cap Rate

About This Property

'LOCATION, LOCATION'. Spacious cape w/shed dormer located at the end of cul de sac and loop street offers great area for outdoor activities.Very efficient gas fireplace in living room with beautiful built in shelves, heats most of the house. Large pantry off of kitchen. Dining room leads to 16x16 deck in private back yard. 2nd level bedrooms offer lots of closet space and built in drawers. 1C attached garage. Easy access to highways. With a little updating this will make a superb home
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$165
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1974

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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: 2 months ago (MLSPIN #71227990)

Price History

Date / Event Date Event Price
Jul 31, 2012 Sold
Premium
Sold
Aug 25, 2011 Listed by Hearth N Home Realty, LLC $280,000
Listed by Hearth N Home Realty, LLC
May 6, 2011 Listed by Hearth N Home Realty, LLC $309,000
Listed by Hearth N Home Realty, LLC
Feb 16, 2001 Sold
Premium
Sold
Jan 4, 2001 Listed by Hearth N Home Realty, LLC $279,900
Listed by Hearth N Home Realty, LLC
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 17,500
  • Total Building Area: 1,901
  • Gross Building Area: 3,968
  • Building Area: 1,901
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,901
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL ACRES CHELMSFORD
  • Land Acres: 0000000402
  • 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: 317203

Geography

  • Account Number: 4109
  • Parcel: CHEL M:0050 B:0163 L:3
  • Block: 163
  • Lot: 3
  • Municipality: CHELMSFORD
  • Latitude: 42.6133
  • Longitude: -71.3555

    Address

  • Full Address: 24 Colonial Dr
  • Address - House Number: 24
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C027
  • 4-Digit Zip Code: 1660
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $808,600

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 730,227
  • High Value: 842,759
  • Low Value: 617,695

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $562,700
  • Assessed Land Value: $323,800
  • Assessed Improvements Value: $238,900

    Sales

  • Current Sale Recording Date: Jul 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000003
  • Previous Sale Recording Date: Feb 16, 2001
  • Previous Sale Amount: $286,000
  • 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:

$815,000

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

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71227990

Frequently Asked Questions

When was property at 24 Colonial Drive built and last sold?
The property at 24 Colonial Drive was built in 1974 and last sold on Jan 1, 1970 for $268,000.
How much is this home worth?
The estimated value of the home located at 24 Colonial Drive is $310,234.
What are some comparable homes to 24 Colonial Drive?
There are currently no comparable homes to 24 Colonial Drive.
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