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Middlesex
40 Sleigh Rd
$310,000
● House - Off Market

40 Sleigh Rd

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,100 Ft²
$615,704
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Location, Location, Location !!. Estate Sale in So Chelmsford.  Over-Sized Ranch on an EXTREMELY DESIRABLE  STREET.  Detatched   2 car garage, sheds. One acre FLAT lot, with so much potential!!  1 year old furnace FHA & CA,(condenser is original)  roof 8 yrs (one layer), vinyl siding and a large bright and cheery Family Room...   Fire-placed (Never used by owners)  Living-Room  and partially finished basement. 2 Work shop Areas,  Hardwood floors  in so many rooms under carpets & so much more!!!!  Home is dated & needs cosmetics!! So much potential!!  All offers will be considered!! Motivated Sellers!! Quick closing available!!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$157
Property Type
House
Property Taxes
$495
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: 5 months ago (MLSPIN #71735125)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Mar 3, 2021 Listed by RE/MAX Insight $529,900
Listed by RE/MAX Insight
Nov 24, 2014 Sold
Premium
Sold
Aug 28, 2014 Listed by RE/MAX Insight $329,900
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 40,888
  • Total Building Area: 1,540
  • Gross Building Area: 2,708
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000939
  • 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: 317103

Geography

  • Account Number: 12285
  • Parcel: CHEL M:0141 B:0484 L:2
  • Block: 484
  • Lot: 2
  • Municipality: CHELMSFORD
  • Latitude: 42.5531
  • Longitude: -71.3851

    Address

  • Full Address: 40 Sleigh Rd
  • Address - House Number: 40
  • Address - Street Name: Sleigh
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C008
  • 4-Digit Zip Code: 4224
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $912,900

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 762,436
  • High Value: 879,932
  • Low Value: 644,941

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,300
  • Assessed Land Value: $372,000
  • Assessed Improvements Value: $263,300

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25948
  • Previous Sale Recording Date: Nov 24, 2014
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2676 ft²

Average Home Age

65.4 years

Currently For Sale

3300 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71735125

Frequently Asked Questions

When was property at 40 Sleigh Road built and last sold?
The property at 40 Sleigh Road was built in 1969 and last sold on Apr 30, 2021 for $620,150.
How much is this home worth?
The estimated value of the home located at 40 Sleigh Road is $551,342.
What are some comparable homes to 40 Sleigh Road?
There are currently no comparable homes to 40 Sleigh Road.
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