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Middlesex
37 Abbott Lane
$710,000
● House - Off Market

37 Abbott Lane

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,080 Ft²
$727,923
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Welcome home to this expanded Raised Ranch situated on a private 1 acre lot  in a  premier neighborhood!  First floor features a living room w/fireplace, dining room w/sliders to deck, kitchen, full bathroom, 3 bedrooms and a primary bedroom suite w/bathroom and walk-in closet.   This lovely home has a sun drenched living room, gorgeous hardwood floors throughout and nicely maintained by same owners for 26 years.  The finished LL features family room w/fireplace, office, laundry room. and plenty of storage in the 3 car garage.   Lots of great updates windows, siding, roof, furnace, driveway and bedroom addition.  Conveniently located near Chelmsford town center, shopping, and major highways.  Truly a gem!
Unit Size
2,080 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$336
Property Type
House
Property Taxes
$672
HOA Dues
-
Year Built
1968

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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 #73012421)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by ERA Key Realty Services $699,900
Listed by ERA Key Realty Services
Nov 10, 1995 Sold
Premium
Sold
Sep 14, 1995 Listed by ERA Key Realty Services $164,000
Listed by ERA Key Realty Services
Oct 14, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 1,614
  • Gross Building Area: 3,346
  • Building Area: 1,614
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,614
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001070
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chelmsford School District
  • School Tax School District: CHELMSFORD SD
  • Census Tract: 317202

Geography

  • Account Number: 12048
  • Parcel: CHEL M:0070 B:0311 L:12
  • Block: 311
  • Lot: 12
  • Municipality: CHELMSFORD
  • Latitude: 42.6001
  • Longitude: -71.3797

    Address

  • Full Address: 37 Abbott Ln
  • Address - House Number: 37
  • Address - Street Name: Abbott
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C026
  • 4-Digit Zip Code: 2072
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $863,100

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 705,500
  • High Value: 831,816
  • Low Value: 579,183

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600,600
  • Assessed Land Value: $366,900
  • Assessed Improvements Value: $233,700

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41290
  • Previous Sale Recording Date: Nov 10, 1995
  • Previous Sale Amount: $156,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2716 ft²

Average Home Age

64.7 years

Currently For Sale

3114 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: 5 months ago
Data Source: MLS PIN, MLS# 73012421

Frequently Asked Questions

When was property at 37 Abbott Lane built and last sold?
The property at 37 Abbott Lane was built in 1968 and last sold on Sep 30, 2022 for $710,000.
How much is this home worth?
The estimated value of the home located at 37 Abbott Lane is $718,410.
What are some comparable homes to 37 Abbott Lane?
There are currently no comparable homes to 37 Abbott Lane.
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