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Middlesex
30 Riverneck Road
$510,000
● House - Off Market

30 Riverneck Road

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,368 Ft²
$497,198
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This three-bedroom ranch located in Chelmsford is s just waiting for a new family to add their touch, contractors and/investors bring this property up-to-date. Property has a brand new roof. This home consists of a living room with fireplace as you enter through the front door, walk through to the kitchen with peninsula and separate well light dining area. Moving towards the back of the house is a step down to a family room with fireplace that looks out over the backyard and kidney shaped pool. Down the hall is a full bath and three bedrooms. When you walk into the basement, there is a large finished room finish, beautiful newly done tiled bath with walk in shower, laundry area with cabinets and adequate room for storage.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
-
Price per sqft
$366
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
1960

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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 #73138765)

Price History

Date / Event Date Event Price
Aug 22, 2023 Sold
Premium
Sold
Jul 25, 2023 In contract -
In contract
Jul 20, 2023 Listed by Coldwell Banker Realty - Westford $499,999
Listed by Coldwell Banker Realty - Westford

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,840
  • Total Building Area: 1,368
  • Gross Building Area: 2,453
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000387
  • 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: 10839
  • Parcel: CHEL M:0055 B:0221 L:2
  • Block: 221
  • Lot: 2
  • Municipality: CHELMSFORD
  • Latitude: 42.611
  • Longitude: -71.3069

    Address

  • Full Address: 30 Riverneck Rd
  • Address - House Number: 30
  • Address - Street Name: Riverneck
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C017
  • 4-Digit Zip Code: 2925
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $635,900

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 523,497
  • High Value: 620,134
  • Low Value: 426,861

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $442,500
  • Assessed Land Value: $277,000
  • Assessed Improvements Value: $165,500

    Sales

  • Current Sale Contract Date: Aug 21, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24515
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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: 5 months ago
Data Source: MLS PIN, MLS# 73138765

Frequently Asked Questions

When was property at 30 Riverneck Road built and last sold?
The property at 30 Riverneck Road was built in 1960 and last sold on Aug 21, 2023 for $492,000.
How much is this home worth?
The estimated value of the home located at 30 Riverneck Road is $510,194.
What are some comparable homes to 30 Riverneck Road?
There are currently no comparable homes to 30 Riverneck Road.
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