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Middlesex 01742
40 Cottage Lane
Photo of 40 Cottage Lane
Sold on Aug 30, 2004

1

Map

$517,500
● House - Off Market

40 Cottage Lane

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$983,618
RealtyHop Estimate
85.94%
Since Sep 1, 2004
MA-Boston
Primary Model

About This Property

DECEPTIVELY SPACIOUS POST & BEAM ANTIQUE CAPE FEATURES OFF THE BEATEN TRACK LOCATION YET MINUTES TO CENTER OF TOWN! COME HOME TO CONCORD AND RELAX IN PRIVATE YARD. NO NEED TO FIGHT THE TRAFFIC TO BOSTON ANY MORE, WALK TO TRAIN AND BE IN DOWNTOWN IN MINUTES! EVERYTHING ABOUT THIS HOUSE IS SPECIAL. SEE FOR YOURSELF!  OH 6/27  2-4
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$367
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1820

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70051547)

Price History

Date / Event Date Event Price
Aug 30, 2004 Sold
Premium
Sold
Jun 17, 2004 Listed $529,000
Listed
Jan 16, 2001 Sold
Premium
Sold
Oct 30, 2000 Listed $369,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1820
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 5,181
  • Total Building Area: 1,470
  • Gross Building Area: 2,610
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONCORD
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • Account Number: 2861
  • Parcel: CONC M:9G B:729
  • Block: 729
  • Municipality: CONCORD
  • Latitude: 42.4579
  • Longitude: -71.3601

    Address

  • Full Address: 40 Cottage Ln
  • Address - House Number: 40
  • Address - Street Name: Cottage
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Concord
  • Carrier Code: C002
  • 4-Digit Zip Code: 2309
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,036,500

    Appraisal Valuation

  • Standard Deviation: 0.2128
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 968,129
  • High Value: 1,174,147
  • Low Value: 762,111

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $789,400
  • Assessed Land Value: $427,000
  • Assessed Improvements Value: $362,400

    Sales

  • Current Sale Recording Date: Aug 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 227930
  • Previous Sale Recording Date: Jan 16, 2001
  • Previous Sale Amount: $369,900
  • 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

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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# 70051547

Frequently Asked Questions

When was property at 40 Cottage Lane built and last sold?
The property at 40 Cottage Lane was built in 1820 and last sold on Jan 1, 1970 for $517,500.
How much is this home worth?
The estimated value of the home located at 40 Cottage Lane is $535,154.
What are some comparable homes to 40 Cottage Lane?
There are currently no comparable homes to 40 Cottage Lane.
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