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Middlesex 01742
29-35 Academy Lane
$1,450,000
● House - Off Market

29-35 Academy Lane

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,600 Ft²
$2,746,843
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

Two dwellings on a half-acre lot in the very heart of Concord Center offer opportunities as family compound, home and office, or separation into two parcels. Architecturally noteworthy--  period details intact. Unusual long lawn behind. Back house needs work. Not HD. Ideal location just steps to the river, 2 blocks to Park and 3 blocks to Alcott School. Additional half-acre lot available. Superb opportunity to upgrade two handsome structures in a prized village setting.
Unit Size
3,600 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$388
Property Type
House
Property Taxes
$1,184
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 years ago (MLSPIN #70660986)

Price History

Date / Event Date Event Price
Dec 18, 2007 Sold
Premium
Sold
Oct 8, 2007 Listed by Estabrook Real Estate Advisors $1,395,000
Listed by Estabrook Real Estate Advisors

Property Highlights

Parking Available
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
  • 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: 11,403
  • 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
  • Subdivision: ERIC PARKMAN SMITH
  • Land Acres: 0000000262
  • 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: 2913
  • Parcel: CONC M:9G B:793
  • Block: 793
  • Municipality: CONCORD
  • Latitude: 42.4583
  • Longitude: -71.3544

    Address

  • Full Address: 29 Academy Ln
  • Address - House Number: 29
  • Address - Street Name: Academy
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Concord
  • Carrier Code: C020
  • 4-Digit Zip Code: 2431
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,226,300

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 2,696,208
  • High Value: 3,123,080
  • Low Value: 2,269,337

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,457,200
  • Assessed Land Value: $1,206,700
  • Assessed Improvements Value: $1,250,500

    Sales

  • Current Sale Recording Date: Dec 18, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00222525
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70660986

Frequently Asked Questions

When was property at 29 Academy Lane built and last sold?
The property at 29 Academy Lane was built in and last sold on Jan 1, 1970 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 29 Academy Lane is $0.
What are some comparable homes to 29 Academy Lane?
There are currently no comparable homes to 29 Academy Lane.
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