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Middlesex 01742
322 Old Bedford Road
$560,000
● House - Off Market

322 Old Bedford Road

Concord, MA 01742
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$801,061
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Opportunity to build or renovate and expand.  Desirable, established neighborhood.  Close to Concord center, convenient access to Route 2 and 128.  Steps away from Great Meadows and Minuteman National Park, farm land and ball field nearby.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$551
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1956

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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 #72449923)

Price History

Date / Event Date Event Price
Apr 10, 2019 Sold
Premium
Sold
Feb 6, 2019 Listed by Barrett Sotheby's International Realty $555,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • 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: 19
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,712
  • Total Building Area: 1,008
  • Gross Building Area: 2,184
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000659
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361300

Zoning

  • Zoning: B

Geography

  • Account Number: 1284
  • Parcel: CONC M:7J B:4216
  • Block: 4216
  • Municipality: CONCORD
  • Latitude: 42.4676
  • Longitude: -71.3224

    Address

  • Full Address: 322 Old Bedford Rd
  • Address - House Number: 322
  • Address - Street Name: Old Bedford
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C009
  • 4-Digit Zip Code: 2720
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,020,200

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 830,826
  • High Value: 977,445
  • Low Value: 684,207

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $777,000
  • Assessed Land Value: $582,100
  • Assessed Improvements Value: $194,900

    Sales

  • Current Sale Contract Date: Mar 27, 2019
  • Current Sale Recording Date: Apr 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 44509
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

2686 ft²

Average Home Age

65.5 years

Currently For Sale

3267 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72449923

Frequently Asked Questions

When was property at 322 Old Bedford Road built and last sold?
The property at 322 Old Bedford Road was built in 1956 and last sold on Mar 27, 2019 for $560,000.
How much is this home worth?
The estimated value of the home located at 322 Old Bedford Road is $556,559.
What are some comparable homes to 322 Old Bedford Road?
There are currently no comparable homes to 322 Old Bedford Road.
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