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Middlesex
4 Rivermeadow Dr
$398,950
● House - Off Market

4 Rivermeadow Dr

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,268 Ft²
$633,931
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Opportunity knocks in Chelmsford's Village Green neighborhood with side walks to all that the center of town has to offer, shops, restaurants,library and bike path to name a few.    This nicely maintained and updated home features over 2200 sq feet one level living space,  4 bedrooms and 2 and one half baths. The open concept kitchen, dining, living and fireplaced family room offers multiple options for entertaining family and friends.  The 2002 renovation allows for either a private master suite area or in law potential.   The half acre lot offers level mature landscaping, private patio and backyard, and two storage sheds.  The home needs some updating and is being sold "As Is" condition.  Bring your decorating ideas and make this home your own.
Unit Size
2,268 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$185
Property Type
House
Property Taxes
$549
HOA Dues
-
Year Built
1969

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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 #72395631)

Price History

Date / Event Date Event Price
Feb 20, 2019 Sold
Premium
Sold
Sep 14, 2018 Listed by Century 21 North East $419,900
Listed by Century 21 North East
Jul 6, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,030
  • Total Building Area: 1,692
  • Gross Building Area: 2,468
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 5397
  • Parcel: CHEL M:0084 B:0342 L:5
  • Block: 342
  • Lot: 5
  • Municipality: CHELMSFORD
  • Latitude: 42.5949
  • Longitude: -71.3452

    Address

  • Full Address: 4 Rivermeadow Dr
  • Address - House Number: 4
  • Address - Street Name: Rivermeadow
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C010
  • 4-Digit Zip Code: 3120
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $748,100

    Appraisal Valuation

  • Standard Deviation: 0.2194
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 716,438
  • High Value: 873,631
  • Low Value: 559,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,600
  • Assessed Land Value: $305,000
  • Assessed Improvements Value: $215,600

    Sales

  • Current Sale Contract Date: Feb 08, 2019
  • Current Sale Recording Date: Feb 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6344
  • Previous Sale Recording Date: Jul 06, 1992
  • Previous Sale Amount: $155,000
  • 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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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# 72395631

Frequently Asked Questions

When was property at 4 Rivermeadow Drive built and last sold?
The property at 4 Rivermeadow Drive was built in 1969 and last sold on Feb 8, 2019 for $398,950.
How much is this home worth?
The estimated value of the home located at 4 Rivermeadow Drive is $452,567.
What are some comparable homes to 4 Rivermeadow Drive?
There are currently no comparable homes to 4 Rivermeadow Drive.
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