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Middlesex 01730
38 Putnam Road
Photo of 38 Putnam Road
Sold on May 24, 2006

1

Map

$515,000
● House - Off Market

38 Putnam Road

Bedford, MA 01730
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,634 Ft²
$926,797
RealtyHop Estimate
79.96%
Since Jun 1, 2006
MA-Boston
Primary Model

About This Property

In an established neighborhood with a "country " feeling, a pampered 8-rm. Split-ranch having 6 rms and a marvelous enclosed porch at the upper level, then a family rm. below, with 2nd fireplace, a fine study/game room nearby and an additional full bath.  Wonderfully maintained with recent improvements to include: central air, furnace & hw heater, bathroom fixtures, front stairs, new garage door and opener, new roof on house and shed.
Unit Size
1,634 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$315
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1960

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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 #70340561)

Price History

Date / Event Date Event Price
May 24, 2006 Sold
Premium
Sold
Mar 1, 2006 Listed $515,000
Listed
Dec 4, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,035
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,309
  • Total Building Area: 1,081
  • Gross Building Area: 2,356
  • Building Area: 1,081
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,081
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000374
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bedford School District
  • School Tax School District: BEDFORD SD
  • Census Tract: 359303

Zoning

  • Zoning: C

Geography

  • Parcel: BEDF M:050 P:0009
  • Municipality: BEDFORD
  • Latitude: 42.4907
  • Longitude: -71.3144

    Address

  • Full Address: 38 Putnam Rd
  • Address - House Number: 38
  • Address - Street Name: Putnam
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bedford
  • Carrier Code: C002
  • 4-Digit Zip Code: 1525
  • Zip Code: 01730

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $728,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 786,482
  • High Value: 926,586
  • Low Value: 646,377

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $612,800
  • Assessed Land Value: $431,000
  • Assessed Improvements Value: $181,800

    Sales

  • Current Sale Recording Date: May 24, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00093754
  • Previous Sale Recording Date: Dec 04, 1989
  • Previous Sale Amount: $216,000
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 70340561

Frequently Asked Questions

When was property at 38 Putnam Road built and last sold?
The property at 38 Putnam Road was built in 1960 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 38 Putnam Road is $532,272.
What are some comparable homes to 38 Putnam Road?
There are currently no comparable homes to 38 Putnam Road.
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