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Middlesex 01742
38 Shore Drive
Photo of 38 Shore Drive
Sold on Sep 30, 2005

1

Map

$902,000
● House - Off Market

38 Shore Drive

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,837 Ft²
$1,668,712
RealtyHop Estimate
75.84%
Since Oct 1, 2005
MA-Boston
Primary Model

About This Property

WATERFRONT! Living on White Pond is a remarkable and rare opportunity.  It is a unique life style, with swimming, boating, skating, cross country skiing and hiking, yet only 20 miles from Boston. Originally built as a summer cottage, this home has been updated and converted into a year round residence.  The Great Room has a unique stone fireplace, and gorgeous sunset views over the 43 acre Pond can be seen from the wraparound deck. 100 feet of your own beach right on White Pond!
Unit Size
1,837 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$517
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1931

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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 #70221789)

Price History

Date / Event Date Event Price
Sep 30, 2005 Sold
Premium
Sold
Jul 8, 2005 Listed $949,000
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 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: 6,750
  • Total Building Area: 2,233
  • Gross Building Area: 5,423
  • Building Area: 2,233
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,233
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE KNOLL SHORES
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361100

Zoning

  • Zoning: A

Geography

  • Account Number: 5741
  • Parcel: CONC M:14E B:3304
  • Block: 3304
  • Municipality: CONCORD
  • Latitude: 42.4278
  • Longitude: -71.3874

    Address

  • Full Address: 38 Shore Dr
  • Address - House Number: 38
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Concord
  • Carrier Code: C008
  • 4-Digit Zip Code: 5739
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,582,400

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,529,118
  • High Value: 1,771,213
  • Low Value: 1,287,024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,205,200
  • Assessed Land Value: $646,500
  • Assessed Improvements Value: $558,700

    Sales

  • Current Sale Recording Date: Mar 19, 2010
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00044295
  • Previous Sale Recording Date: Sep 30, 2005
  • Previous Sale Amount: $902,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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: 4 months ago
Data Source: MLS PIN, MLS# 70221789

Frequently Asked Questions

When was property at 38 Shore Drive built and last sold?
The property at 38 Shore Drive was built in 1931 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 38 Shore Drive is $949,167.
What are some comparable homes to 38 Shore Drive?
There are currently no comparable homes to 38 Shore Drive.
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