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Middlesex
3 Marshall St
$700,000
● House - Off Market

3 Marshall St

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,304 Ft²
$953,193
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Brand new colonial home!   Perfect location combined with modern design features that you will love to have in a dream home with an open concept floor plan including  high ceilings in both the family room and master bedroom.  White shaker kitchen cabinets with Quartz countertops and quartz design tile backsplash.   Hardwood flooring throughout the first floor and tile in the bathrooms, recessed lighting, paddle fans, and crown molding in dining/living room hall area with chair rail molding and shadow box design. A first floor laundry room and a beautiful den with french doors.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$316
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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: 6 months ago (MLSPIN #72645173)

Price History

Date / Event Date Event Price
Sep 17, 2020 Sold
Premium
Sold
Apr 17, 2020 Listed by Pailin Realty $729,000
Listed by Pailin Realty
Aug 21, 2014 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 16,621
  • Total Building Area: 2,304
  • Gross Building Area: 3,748
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000382
  • 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: 317102

Geography

  • Account Number: 10861
  • Parcel: CHEL M:0055 B:0221 L:22
  • Block: 221
  • Lot: 22
  • Municipality: CHELMSFORD
  • Latitude: 42.6083
  • Longitude: -71.3055

    Address

  • Full Address: 3 Marshall St
  • Address - House Number: 3
  • Address - Street Name: Marshall
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C017
  • 4-Digit Zip Code: 2916
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $985,200

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 878,842
  • High Value: 1,014,096
  • Low Value: 743,587

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $685,600
  • Assessed Land Value: $290,700
  • Assessed Improvements Value: $394,900

    Sales

  • Current Sale Contract Date: Sep 16, 2020
  • Current Sale Recording Date: Sep 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45095
  • Previous Sale Recording Date: Aug 21, 2014
  • Previous Sale Amount: $175,000
  • 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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

65 years

Currently For Sale

3009 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72645173

Frequently Asked Questions

When was property at 3 Marshall Street built and last sold?
The property at 3 Marshall Street was built in 2019 and last sold on Sep 16, 2020 for $700,000.
How much is this home worth?
The estimated value of the home located at 3 Marshall Street is $747,893.
What are some comparable homes to 3 Marshall Street?
There are currently no comparable homes to 3 Marshall Street.
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