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Middlesex
287 Acton Road
$395,000
● House - Off Market

287 Acton Road

Chelmsford, MA 01824
bedrooms
2 Beds
bathrooms
1 Bath
square feet
992 Ft²
$445,466
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

The opportunity is here for a buyer who doesn't mind some sweat equity in your new home! Bring your tool box and painting supplies to bring this home to life. Lots of cosmetic updates needed throughout but has solid bones and lots of potential. Recent updates consist of new metal roof in 2017, new triple pane windows and exterior  doors in 2010, new furnace in 2014, and new blown-in insulation in the attic in 2014. Located in a very desirable section of South Chelmsford. Close to Hart Pond, the Bruce Freeman Rail Trail, Chelmsford Country Golf Course, Butter Brook Golf Course, and the Byam Elementary School. Across the street from Midnight Moon Stables. The property is being sold in as is condition.
Unit Size
992 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$423
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1953

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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 #73017894)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Nov 14, 2022 In contract -
In contract
Jul 27, 2022 Listed by Panzeri Realty Group LLC $419,900
Listed by Panzeri Realty Group LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 25,700
  • Total Building Area: 992
  • Gross Building Area: 2,016
  • Building Area: 992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 992
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000590
  • 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: 317101

Geography

  • Account Number: 9842
  • Parcel: CHEL M:0117 B:0421 L:2
  • Block: 421
  • Lot: 2
  • Municipality: CHELMSFORD
  • Latitude: 42.5738
  • Longitude: -71.3748

    Address

  • Full Address: 287 Acton Rd
  • Address - House Number: 287
  • Address - Street Name: Acton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C008
  • 4-Digit Zip Code: 3818
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $580,800

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 477,738
  • High Value: 560,587
  • Low Value: 394,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,200
  • Assessed Land Value: $276,400
  • Assessed Improvements Value: $127,800

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51064
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

2681 ft²

Average Home Age

62.4 years

Currently For Sale

3251 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# 73017894

Frequently Asked Questions

When was property at 287 Acton Road built and last sold?
The property at 287 Acton Road was built in 1953 and last sold on Dec 16, 2022 for $395,000.
How much is this home worth?
The estimated value of the home located at 287 Acton Road is $424,997.
What are some comparable homes to 287 Acton Road?
There are currently no comparable homes to 287 Acton Road.
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