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Middlesex
4 Bridge Street
$641,000
● House - Off Market

4 Bridge Street

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,014 Ft²
$685,840
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Centrally located in the heart of Chelmsford's historic district and a short distance to the Common, Performing Arts Center, Library, Bruce Freeman trail, cafe's, restaurants, and shopping. Outside the large kitchen you will find a formal sitting room with a gas fireplace, elegant period moldings, windows, and other historic details. Beautifully restored hardwood floors throughout the home.  Recent repairs and upgrades include, new boiler and tankless hot water heater, electrical system, interior walls renovated, whole house interior paint, roofing and chimney repairs, radon mitigation system, and more. Front and back porches and an attached balcony that overlooks the well landscaped in-ground pool area.  Don't miss the attached studio apartment with separate entrance and detached garage / work shed.
Unit Size
2,014 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$323
Property Type
House
Property Taxes
$671
HOA Dues
-
Year Built
1900

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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 #73017116)

Price History

Date / Event Date Event Price
Nov 29, 2022 Sold
Premium
Sold
Oct 11, 2022 In contract -
In contract
Jul 25, 2022 Listed by Compass $649,900
Listed by Compass
Jun 18, 2021 Sold
Premium
Sold
Apr 29, 2021 Listed by Compass $625,000
Listed by Compass

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 10,000
  • Total Building Area: 2,014
  • Gross Building Area: 4,725
  • Building Area: 2,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 317101

Geography

  • Account Number: 8148
  • Parcel: CHEL M:0072 B:0320 L:25
  • Block: 320
  • Lot: 25
  • Municipality: CHELMSFORD
  • Latitude: 42.5978
  • Longitude: -71.3552

    Address

  • Full Address: 4 Bridge St
  • Address - House Number: 4
  • Address - Street Name: Bridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C016
  • 4-Digit Zip Code: 2604
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $858,300

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 713,398
  • High Value: 831,805
  • Low Value: 594,992

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $597,300
  • Assessed Land Value: $275,000
  • Assessed Improvements Value: $322,300

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48277
  • Previous Sale Recording Date: Jun 18, 2021
  • Previous Sale Contract Date: Jun 18, 2021
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: O
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

2714 ft²

Average Home Age

64.9 years

Currently For Sale

3116 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: 5 months ago
Data Source: MLS PIN, MLS# 73017116

Frequently Asked Questions

When was property at 4 Bridge Street built and last sold?
The property at 4 Bridge Street was built in 1900 and last sold on Nov 29, 2022 for $641,000.
How much is this home worth?
The estimated value of the home located at 4 Bridge Street is $666,566.
What are some comparable homes to 4 Bridge Street?
There are currently no comparable homes to 4 Bridge Street.
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