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West Concord 01742
294 Commonwealth Ave
$620,000
● House - Off Market

294 Commonwealth Ave

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,983 Ft²
$983,657
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Pride of ownership is evident when you enter this refreshingly updated home.  The center entry opens to the charming living room with an inviting fireplace enhanced by custom built in cabinetry and the formal dining room.  A wall of windows offers views of the landscaped grounds and secluded pool.  The new and efficient kitchen features soapstone counters, top of the line stainless steel appliances and a built in bench and table. Open to the kitchen is a cozy family room with another fireplace and large bow window. Newly renovated baths, an airy master bedroom suite and warm wood flooring complete the picture. This is gracious one level living at its best.  Walk to restaurants, the train and all West Concord amenities from this captivating private enclave!
Unit Size
1,983 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$317
Property Type
House
Property Taxes
$669
HOA Dues
-
Year Built
1955

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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 #72206875)

Price History

Date / Event Date Event Price
Nov 28, 2017 Sold
Premium
Sold
Aug 1, 2017 Listed by Barrett Sotheby's International Realty $629,000
Listed by Barrett Sotheby's International Realty
Oct 19, 2007 Sold
Premium
Sold
Aug 21, 2007 Listed by Barrett Sotheby's International Realty $479,500
Listed by Barrett Sotheby's International Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 10,436
  • Total Building Area: 1,983
  • Gross Building Area: 4,751
  • Building Area: 1,983
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,983
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND WEST CONCORD
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361200

Zoning

  • Zoning: C

Geography

  • Account Number: 1418
  • Parcel: CONC M:8D B:2166
  • Block: 2166
  • Municipality: CONCORD
  • Latitude: 42.462
  • Longitude: -71.3973

    Address

  • Full Address: 294 Commonwealth Ave
  • Address - House Number: 294
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Concord
  • Carrier Code: C012
  • 4-Digit Zip Code: 2000
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,048,400

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 910,775
  • High Value: 1,053,297
  • Low Value: 768,253

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $798,500
  • Assessed Land Value: $420,700
  • Assessed Improvements Value: $377,800

    Sales

  • Current Sale Recording Date: Nov 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 192643
  • Previous Sale Recording Date: Oct 19, 2007
  • Previous Sale Amount: $470,000
  • 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 West Concord

Stats & Trends

Median Asking:

$1,198,000

Sale Price/ft²

$498

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2868 ft²

Average Home Age

47.1 years

Currently For Sale

16 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# 72206875

Frequently Asked Questions

When was property at 294 Commonwealth Avenue built and last sold?
The property at 294 Commonwealth Avenue was built in 1955 and last sold on Jan 1, 1970 for $620,000.
How much is this home worth?
The estimated value of the home located at 294 Commonwealth Avenue is $653,104.
What are some comparable homes to 294 Commonwealth Avenue?
There are currently no comparable homes to 294 Commonwealth Avenue.
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