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Middlesex 01742
306 Powder Mill Rd
$680,000
● House - Off Market

306 Powder Mill Rd

Concord, MA 01742
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,758 Ft²
$1,182,670
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

Charming, bright and cheery 9 room, 4 bedroom Colonial situated on nearly an acre of level yard in a fantastic location. Located just steps from the Willard Elementary School, popular White Pond and minutes to Verrill Farm and West Concord Village with commuter rail, library, shops, gourmet grocery and great restaurant options. Updated kitchen with white cabinetry, Corian countertops, room for sizeable side-by-side refrigerator and gleaming hardwood floors. Kitchen flows to living room through hardwood hallway with half bath.  Living room boasts over-sized window for more natural light.  Both enjoy views to the outdoors, a gorgeous park-like backyard with several fruit-bearing apple trees. More living space with wood floors can be found on the lower level with nicely sized family and office/study.
Unit Size
1,758 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$398
Property Type
House
Property Taxes
$739
HOA Dues
-
Year Built
1963

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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 #71957687)

Price History

Date / Event Date Event Price
Apr 14, 2016 Sold
Premium
Sold
Feb 10, 2016 Listed by Andrew Mitchell & Company, LLC $699,000
Listed by Andrew Mitchell & Company, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,000
  • Total Building Area: 1,410
  • Gross Building Area: 2,641
  • Building Area: 1,410
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,410
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361100

Zoning

  • Zoning: Z

Geography

  • Account Number: 5669
  • Parcel: CONC M:14E B:3132
  • Block: 3132
  • Municipality: CONCORD
  • Latitude: 42.4313
  • Longitude: -71.3866

    Address

  • Full Address: 306 Powder Mill Rd
  • Address - House Number: 306
  • Address - Street Name: Powder Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C007
  • 4-Digit Zip Code: 4806
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,268,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1771
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,105,635
  • High Value: 1,301,474
  • Low Value: 909,795

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $965,900
  • Assessed Land Value: $609,500
  • Assessed Improvements Value: $356,400

    Sales

  • Current Sale Recording Date: Apr 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57362
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

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 4 months ago
Data Source: MLS PIN, MLS# 71957687

Frequently Asked Questions

When was property at 306 Powder Mill Road built and last sold?
The property at 306 Powder Mill Road was built in 1963 and last sold on Jan 1, 1970 for $680,000.
How much is this home worth?
The estimated value of the home located at 306 Powder Mill Road is $709,337.
What are some comparable homes to 306 Powder Mill Road?
There are currently no comparable homes to 306 Powder Mill Road.
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