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West Concord 01742
31 Loring Rd
$620,000
● House - Off Market

31 Loring Rd

Concord, MA 01742
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$1,119,632
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

Location, Location, Location!  Don't miss this well-loved, well maintained 4 bedroom colonial on a sought-after tree-lined W Concord cul-de-sac.  With it's fresh paint and shiny hardwood floors throughout, it is move-in ready... or a great candidate for renovating, with many larger, more expensive homes in the neighborhood.  Master bedroom with bath, plus 3 large additional bedrooms, and good closet space throughout as well as pull-down attic.  Newer gas furnace and hot water system plus a newer roof for energy efficiency, and a new 4 bedroom septic to be installed by closing.  Fireplaced basement is heated for future expansion or excellent storage.  Mature plantings allow for shade and beauty.  This isn't just a home, it's a lifestyle!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$280
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1964

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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 #71565206)

Price History

Date / Event Date Event Price
Sep 30, 2013 Sold
Premium
Sold
Aug 5, 2013 Listed by Barrett Sotheby's International Realty $589,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1980
  • 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: 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: 20,000
  • Total Building Area: 2,100
  • Gross Building Area: 3,462
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361200

Zoning

  • Zoning: B

Geography

  • Account Number: 4656
  • Parcel: CONC M:11D B:2791
  • Block: 2791
  • Municipality: CONCORD
  • Latitude: 42.4483
  • Longitude: -71.3953

    Address

  • Full Address: 31 Loring Rd
  • Address - House Number: 31
  • Address - Street Name: Loring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C014
  • 4-Digit Zip Code: 4011
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,288,400

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,117,817
  • High Value: 1,299,569
  • Low Value: 936,065

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $981,300
  • Assessed Land Value: $491,400
  • Assessed Improvements Value: $489,900

    Sales

  • Current Sale Recording Date: Sep 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 211692
  • Previous Sale Recording Date: Sep 30, 2013
  • Previous Sale Amount: $620,000
  • 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 West Concord

Stats & Trends

Median Asking:

$1,198,000

Sale Price/ft²

$498

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2768 ft²

Average Home Age

48.3 years

Currently For Sale

14 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# 71565206

Frequently Asked Questions

When was property at 31 Loring Road built and last sold?
The property at 31 Loring Road was built in 1964 and last sold on Jan 1, 1970 for $620,000.
How much is this home worth?
The estimated value of the home located at 31 Loring Road is $623,415.
What are some comparable homes to 31 Loring Road?
There are currently no comparable homes to 31 Loring Road.
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