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Middlesex
3 Arbor Road
$276,000
● House - Off Market

3 Arbor Road

Chelmsford, MA 01863
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$517,321
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

This is it! . . . . . . .  Your new home for the Holidays!  Charming and Bright Cape, rehabbed two years ago. Newer roof and energy efficient windows. Gleaming hardwood floors throughout except kitchen and bath. First floor master bedroom, new granite in kitchen. Gracious fire-placed living room leads to charming dining area. Mudroom area off kitchen. Very large and picturesque patio for outdoor entertaining. Don't miss this value packed opportunity, with very easy and convenient access to highways, schools and athletic fields.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$265
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1940

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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: 5 months ago (MLSPIN #71768357)

Price History

Date / Event Date Event Price
Dec 21, 2020 Sold
Premium
Sold
Oct 28, 2020 Listed by Coldwell Banker Residential Brokerage - Chelmsford $369,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Feb 11, 2015 Sold
Premium
Sold
Nov 13, 2014 Listed by Coldwell Banker Residential Brokerage - Chelmsford $279,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Mar 16, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 7,500
  • Total Building Area: 1,126
  • Gross Building Area: 2,388
  • Building Area: 1,126
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,126
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWOOD PARK
  • Land Acres: 0000000172
  • 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: 317301

Geography

  • Account Number: 717
  • Parcel: CHEL M:0020 B:0081 L:2
  • Block: 81
  • Lot: 2
  • Municipality: CHELMSFORD
  • Latitude: 42.6328
  • Longitude: -71.371

    Address

  • Full Address: 3 Arbor Rd
  • Address - House Number: 3
  • Address - Street Name: Arbor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 2002
  • Zip Code: 01863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $588,500

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 518,644
  • High Value: 614,779
  • Low Value: 422,509

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,500
  • Assessed Land Value: $262,000
  • Assessed Improvements Value: $147,500

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66782
  • Previous Sale Recording Date: Feb 11, 2015
  • Previous Sale Amount: $276,000
  • 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:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 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: 5 months ago
Data Source: MLS PIN, MLS# 71768357

Frequently Asked Questions

When was property at 3 Arbor Road built and last sold?
The property at 3 Arbor Road was built in 1940 and last sold on Dec 18, 2020 for $415,000.
How much is this home worth?
The estimated value of the home located at 3 Arbor Road is $380,245.
What are some comparable homes to 3 Arbor Road?
There are currently no comparable homes to 3 Arbor Road.
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