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Middlesex 01742
277 Main Street
$2,025,000
● House - Off Market

277 Main Street

Concord, MA 01742
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
4,294 Ft²
$3,411,307
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

A pitch perfect renovation of a landmark Victorian in the heart of Concord Center!  Known as the Horatio Richardson House (c.1890), the home's thoughtful modern updates complement its historic elegance. New touches include the eat-in chef's kitchen with generous island, state of the art appliances, and butler's pantry. At the end of the day, retire upstairs to the peaceful master suite with marble bath and walk-in closets. There's abundant room for kids and guests alike in the additional four/five bedrooms, including the third floor that works wonderfully as an au pair or in-law suite. Outside, a separate carriage house functions as a secluded home office or the perfect guest quarters with its own bath. Just a few steps to all Concord Center has to offer - fine dining, shopping and the train to Boston and Cambridge!
Unit Size
4,294 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$511
Property Type
House
Property Taxes
$1,626
HOA Dues
-
Year Built
-

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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 #72137582)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
Mar 29, 2017 Listed by Coldwell Banker Residential Brokerage - Concord $2,195,000
Listed by Coldwell Banker Residential Brokerage - Concord
Jan 25, 2012 Sold
Premium
Sold
Oct 21, 2011 Listed by Coldwell Banker Residential Brokerage - Concord $1,295,000
Listed by Coldwell Banker Residential Brokerage - Concord

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 13,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • Account Number: 2901
  • Parcel: CONC M:9G B:784
  • Block: 784
  • Municipality: CONCORD
  • Latitude: 42.4584
  • Longitude: -71.3586

    Address

  • Full Address: 277 Main St
  • Address - House Number: 277
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Concord
  • Carrier Code: C002
  • 4-Digit Zip Code: 2405
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,271,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 2,833,950
  • High Value: 3,288,111
  • Low Value: 2,379,789

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,491,700
  • Assessed Land Value: $845,500
  • Assessed Improvements Value: $1,646,200

    Sales

  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136818
  • Previous Sale Recording Date: Jan 25, 2012
  • Previous Sale Amount: $915,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72137582

Frequently Asked Questions

When was property at 277 Main Street built and last sold?
The property at 277 Main Street was built in and last sold on Jan 1, 1970 for $2,025,000.
How much is this home worth?
The estimated value of the home located at 277 Main Street is $2,169,904.
What are some comparable homes to 277 Main Street?
There are currently no comparable homes to 277 Main Street.
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