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Middlesex
29 Cathy Road
$433,000
● House - Off Market

29 Cathy Road

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,102 Ft²
$413,462
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Rule # 1 in Real Estate is ... location, location,location.  Well this is your "chance in a lifetime" for home ownership.  Yes lots of work is needed but it is so worth it. Whether you want to buy ,fix and flip... or renovate for your personal use call us.  Drive on by to see the area for yourself. Envision your beautifully restored home on almost a 3/4 acre lot.  The lot alone is worth the asking price. (Please do not go on property without your agent)
Unit Size
1,102 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$363
Property Type
House
Property Taxes
$663
HOA Dues
-
Year Built
1967

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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 #73016043)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by Colonial Manor Realty $399,900
Listed by Colonial Manor Realty

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 36,000
  • Total Building Area: 1,102
  • Gross Building Area: 2,266
  • Building Area: 1,102
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,102
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000826
  • 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: 317202

Geography

  • Account Number: 12255
  • Parcel: CHEL M:0070 B:0294 L:32
  • Block: 294
  • Lot: 32
  • Municipality: CHELMSFORD
  • Latitude: 42.5988
  • Longitude: -71.3867

    Address

  • Full Address: 29 Cathy Rd
  • Address - House Number: 29
  • Address - Street Name: Cathy
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C012
  • 4-Digit Zip Code: 2042
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $769,700

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 559,951
  • High Value: 666,595
  • Low Value: 453,306

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $535,600
  • Assessed Land Value: $369,600
  • Assessed Improvements Value: $166,000

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36778
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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 73016043

Frequently Asked Questions

When was property at 29 Cathy Road built and last sold?
The property at 29 Cathy Road was built in 1967 and last sold on Aug 30, 2022 for $433,000.
How much is this home worth?
The estimated value of the home located at 29 Cathy Road is $411,893.
What are some comparable homes to 29 Cathy Road?
There are currently no comparable homes to 29 Cathy Road.
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