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West Concord 01742
308 Commonwealth Avenue
$275,000
● House - Off Market

308 Commonwealth Avenue

Concord, MA 01742
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,872 Ft²
$1,070,872
RealtyHop Estimate
270.54%
Since Aug 1, 1998
MA-Boston
Primary Model

About This Property

SWEET VICTORIAN IN WALK TO VILLIAGE LOCATION LOTS OF CHARM+ PERSONALITY WALK-UP ATTIC OFFERS EXPANSION POSSIBILITIES HUGE KITCH FAM RM GORGEOUS HRDWD FLRS FARMER'S PORCH LARGE BACKYARD W/PLENTY OF SPACE FOR PLAY + GARDENS!
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$154
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1881

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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 years ago (MLSPIN #30223961)

Price History

Date / Event Date Event Price
Jul 16, 1998 Sold
Premium
Sold
May 6, 1998 Listed by Century 21 Circle Real Estate $289,000
Listed by Century 21 Circle Real Estate
Jan 19, 1993 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1881
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 14,356
  • Total Building Area: 1,923
  • Gross Building Area: 3,184
  • Building Area: 1,923
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,923
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • 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: 1416
  • Parcel: CONC M:8D B:2164
  • Block: 2164
  • Municipality: CONCORD
  • Latitude: 42.4623
  • Longitude: -71.3974

    Address

  • Full Address: 308 Commonwealth Ave
  • Address - House Number: 308
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Concord
  • Carrier Code: C012
  • 4-Digit Zip Code: 2004
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,193,100

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 998,693
  • High Value: 1,213,460
  • Low Value: 783,926

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $908,700
  • Assessed Land Value: $449,700
  • Assessed Improvements Value: $459,000

    Sales

  • Current Sale Recording Date: Jul 16, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 19, 1993
  • Previous Sale Amount: $179,435
  • 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:

$1,200,000

Sale Price/ft²

$516

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3033 ft²

Average Home Age

33.6 years

Currently For Sale

11 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: 4 years ago
Data Source: MLS PIN, MLS# 30223961

Frequently Asked Questions

When was property at 308 Commonwealth Avenue built and last sold?
The property at 308 Commonwealth Avenue was built in 1881 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 308 Commonwealth Avenue is $0.
What are some comparable homes to 308 Commonwealth Avenue?
There are currently no comparable homes to 308 Commonwealth Avenue.
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