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Middlesex 01821
255 Concord Road
$545,000
● House - Off Market

255 Concord Road

Billerica, MA 01821
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,912 Ft²
$776,786
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

ORIGINAL OWNER 10 YEAR OLD COLONIAL. FEATURES 4 BEDROOMS WITH 2.5 BATHS. HARDWOOD FLOORING THROUGHOUT THE FIRST FLOOR. HALF BATH WITH LAUNDRY AND TILE FLOORING. DINING ROOM/LIBRARY WITH GAS FIREPLACE. SLIDER LEADS TO REAR YARD 14X14 DECK.  FHA GAS HEAT WITH CENTRAL AIR CONDITIONING. 200 AMP. ELECTRICAL. ADDITION PANEL FOR BACK UP GENERATOR. MAGNIFICENT BACK YARD WITH CHILDREN'S PLAY YARD SET AND STORAGE SHED. FULL WALK UP ATTIC FOR ADDITIONAL STORAGE OR FINISHING. 2-CAR GARAGE WITH OPENERS. KITCHEN WITH AMPLE CABINETRY. BEAUTIFAUL SECLUDED PRIVATE LOCATION YET SECONDS TO ROUTE 3. UNFINISHED BASEMENT WITH ROUGH PLUMBING FOR FUTURE BATH. BEAUTIFULLY MAINTAINED YARD WITH MANY PLANTINGS. MOVE RIGHT IN. BEAUTIFUL LOT!!
Unit Size
1,912 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$285
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
2009

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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 #72514856)

Price History

Date / Event Date Event Price
Jul 23, 2019 Sold
Premium
Sold
Jun 7, 2019 Listed by American Dream Homes $545,000
Listed by American Dream Homes
Nov 5, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 956
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,912
  • Gross Building Area: 4,064
  • Building Area: 1,912
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0077 B:0074 L:0
  • Block: 74
  • Municipality: BILLERICA
  • Latitude: 42.5406
  • Longitude: -71.2866

    Address

  • Full Address: 255 Concord Rd
  • Address - House Number: 255
  • Address - Street Name: Concord
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: C002
  • 4-Digit Zip Code: 3461
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $780,100

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 749,388
  • High Value: 880,521
  • Low Value: 618,256

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,000
  • Assessed Land Value: $267,700
  • Assessed Improvements Value: $423,300

    Sales

  • Current Sale Contract Date: Jul 17, 2019
  • Current Sale Recording Date: Jul 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29887
  • Previous Sale Recording Date: Nov 05, 2009
  • Previous Sale Amount: $399,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.3 years

Currently For Sale

3213 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72514856

Frequently Asked Questions

When was property at 255 Concord Road built and last sold?
The property at 255 Concord Road was built in 2009 and last sold on Jul 17, 2019 for $545,000.
How much is this home worth?
The estimated value of the home located at 255 Concord Road is $565,603.
What are some comparable homes to 255 Concord Road?
There are currently no comparable homes to 255 Concord Road.
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