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Middlesex 01742
24 Lowell Road
$1,459,000
● House - Off Market

24 Lowell Road

Concord, MA 01742
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,912 Ft²
$1,994,104
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Location & Lifestyle. Looking for a renovated historic gem in a Concord center location? This special home offers the best of urban style living in the burbs. The in-town neighborhood boasts cafes, restaurants, shops, Concord Market, historic sites, library, playground & train to Boston. Rented to a Little Women actor during filming, this 1880s colonial even has a big front porch for watching the Patriot's Day parade from your porch swing and the perfect back garden space for relaxing and entertaining. Inside, you'll enjoy its open flow, big closets and designer touches from the bright updated kitchen to the 3 renovated bathrooms. Most systems have been updated since 2014 so that you can move right in and start enjoying your new Concord lifestyle!
Unit Size
2,912 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$501
Property Type
House
Property Taxes
$1,407
HOA Dues
-
Year Built
1880

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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 #72621693)

Price History

Date / Event Date Event Price
Jun 16, 2020 Sold
Premium
Sold
Feb 20, 2020 Listed by Engel & Volkers Wellesley $1,459,000
Listed by Engel & Volkers Wellesley
Nov 9, 2019 No longer available -
No longer available
Sep 16, 2019 Listed by Engel & Volkers Wellesley $1,459,000
Listed by Engel & Volkers Wellesley
May 29, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 6,437
  • Total Building Area: 2,912
  • Gross Building Area: 5,154
  • Building Area: 2,912
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361300

Zoning

  • Zoning: C

Geography

  • Account Number: 1771
  • Parcel: CONC M:8H B:1298
  • Block: 1298
  • Municipality: CONCORD
  • Latitude: 42.462
  • Longitude: -71.35

    Address

  • Full Address: 24 Lowell Rd
  • Address - House Number: 24
  • Address - Street Name: Lowell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C001
  • 4-Digit Zip Code: 1707
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,216,300

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 2,083,337
  • High Value: 2,541,133
  • Low Value: 1,625,542

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,688,000
  • Assessed Land Value: $766,400
  • Assessed Improvements Value: $921,600

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93831
  • Previous Sale Recording Date: May 29, 2014
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: O
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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 72621693

Frequently Asked Questions

When was property at 24 Lowell Road built and last sold?
The property at 24 Lowell Road was built in 1880 and last sold on Jun 12, 2020 for $1,459,000.
How much is this home worth?
The estimated value of the home located at 24 Lowell Road is $1,465,984.
What are some comparable homes to 24 Lowell Road?
There are currently no comparable homes to 24 Lowell Road.
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