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Middlesex 01742
383 Lowell Road
$1,020,000
● House - Off Market

383 Lowell Road

Concord, MA 01742
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
4,149 Ft²
$3,320,991
RealtyHop Estimate
225.59%
Since Sep 1, 1999
MA-Boston
Primary Model

About This Property

CENTER ENTRANCE COL W/RIVER FRONTAGE,HISTORIC DIST,SHORT WALK TO CNTR! NEW WING BLT 1991 INCL FAB EATIN KIT,FAMRM, SITTING RM & BRS.LIBR W/BLTIN SHELVES.ALL SYSTEMS UPDATED, EXTENSIVE IMPROVEMENTS.BRICK PATIO.CHARM,PRIVACY,CONDITION!
Unit Size
4,149 Ft²
Days on Market
-
Land Size
4.50 acres
Price per sqft
$246
Property Type
House
Property Taxes
$711
HOA Dues
-
Year Built
1953

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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 years ago (MLSPIN #30330335)

Price History

Date / Event Date Event Price
Jan 31, 2002 Sold
Premium
Sold
Oct 16, 2001 Listed $1,249,000
Listed
Aug 20, 1999 Sold
Premium
Sold
Jun 16, 1999 Listed $1,020,000
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 195,870
  • Total Building Area: 4,143
  • Gross Building Area: 8,645
  • Building Area: 4,143
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,143
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 1476
  • Land Acres: 0000004497
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: A

Geography

  • Account Number: 1037
  • Parcel: CONC M:7G B:1674
  • Block: 1674
  • Municipality: CONCORD
  • Latitude: 42.4682
  • Longitude: -71.3601

    Address

  • Full Address: 383 Lowell Rd
  • Address - House Number: 383
  • Address - Street Name: Lowell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C001
  • 4-Digit Zip Code: 1728
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,696,900

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 2,317,853
  • High Value: 2,684,822
  • Low Value: 1,950,884

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,054,000
  • Assessed Land Value: $735,900
  • Assessed Improvements Value: $1,318,100

    Sales

  • Current Sale Recording Date: Jan 31, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1613
  • Previous Sale Recording Date: Aug 20, 1999
  • Previous Sale Amount: $1,020,000
  • 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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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 years ago
Data Source: MLS PIN, MLS# 30330335

Frequently Asked Questions

When was property at 383 Lowell Road built and last sold?
The property at 383 Lowell Road was built in 1953 and last sold on Jan 1, 1970 for $1,140,000.
How much is this home worth?
The estimated value of the home located at 383 Lowell Road is $1,303,537.
What are some comparable homes to 383 Lowell Road?
There are currently no comparable homes to 383 Lowell Road.
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