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Middlesex 01742
346 Powder Mill Rd
$800,000
● House - Off Market

346 Powder Mill Rd

Concord, MA 01742
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,932 Ft²
$1,063,600
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

This exceptionally spacious home is in a prime location just steps to White Pond, Willard Elementary School and Verrill Farm. Live in the country and enjoy convenient access to town, major routes, shopping, and recreation. A classic Gambrel Cape with traditional style, this special property offers nearly 3000 square feet of living space and almost an acre of land, including two first floor bedrooms with a full bath and two second floor bedrooms with two more full baths. Enjoy the beautiful view from the upper deck, plenty of space to entertain family and friends, and cherish your privacy on the brick patio and huge flat yard, sprawling lawn, and dense woods. Preapproval and appointment required for all showings, OH included.
Unit Size
2,932 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$281
Property Type
House
Property Taxes
$1,076
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72704813)

Price History

Date / Event Date Event Price
Oct 9, 2020 Sold
Premium
Sold
Aug 5, 2020 Listed by Keller Williams Realty Boston Northwest $825,000
Listed by Keller Williams Realty Boston Northwest

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 10
  • 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: 2,739
  • Gross Building Area: 5,116
  • Building Area: 2,739
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,739
  • Heating Fuel Type: 3

    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: 5672
  • Parcel: CONC M:14E B:3135
  • Block: 3135
  • Municipality: CONCORD
  • Latitude: 42.4313
  • Longitude: -71.3882

    Address

  • Full Address: 346 Powder Mill Rd
  • Address - House Number: 346
  • 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: $1,644,300

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,267,428
  • High Value: 1,491,096
  • Low Value: 1,043,760

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,252,300
  • Assessed Land Value: $609,500
  • Assessed Improvements Value: $642,800

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 183990
  • Previous Sale Recording Date: Nov 19, 2015
  • 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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2692 ft²

Average Home Age

62.2 years

Currently For Sale

3220 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# 72704813

Frequently Asked Questions

When was property at 346 Powder Mill Road built and last sold?
The property at 346 Powder Mill Road was built in 1961 and last sold on Sep 30, 2020 for $800,000.
How much is this home worth?
The estimated value of the home located at 346 Powder Mill Road is $856,985.
What are some comparable homes to 346 Powder Mill Road?
There are currently no comparable homes to 346 Powder Mill Road.
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