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West Concord 01742
402 Border Road
$720,000
● House - Off Market

402 Border Road

Concord, MA 01742
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,242 Ft²
$1,782,167
RealtyHop Estimate
146.16%
Since Dec 1, 2001
MA-Boston
Primary Model

About This Property

THOREAU HILLS - 5 BEDROOM HOME,PRIVATE,TRANQUIL SETTING, ABUTS CONSERVATION LAND.WALKING DISTANCE TO THOREAU SWIM & TENNIS CLUB. TASTEFUL RENOVATIONS.TWO PHONE LINES. BROKER/OWNER.
Unit Size
3,242 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$223
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1972

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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 #30538892)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by Barrett Sotheby's International Realty $949,000
Listed by Barrett Sotheby's International Realty
Nov 8, 2001 Sold
Premium
Sold
Sep 5, 2001 Listed by Barrett Sotheby's International Realty $724,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,970
  • Total Building Area: 2,847
  • Gross Building Area: 4,452
  • Building Area: 2,847
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,847
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000849
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361200

Zoning

  • Zoning: A

Geography

  • Account Number: 5207
  • Parcel: CONC M:13B B:2891 L:8325
  • Block: 2891
  • Lot: 8325
  • Municipality: CONCORD
  • Latitude: 42.435
  • Longitude: -71.4181

    Address

  • Full Address: 402 Border Rd
  • Address - House Number: 402
  • Address - Street Name: Border
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C013
  • 4-Digit Zip Code: 4607
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,348,200

    Appraisal Valuation

  • Standard Deviation: 0.1572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,138,373
  • High Value: 1,317,391
  • Low Value: 959,355

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,026,800
  • Assessed Land Value: $431,100
  • Assessed Improvements Value: $595,700

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 172029
  • Previous Sale Recording Date: Nov 08, 2001
  • Previous Sale Amount: $720,000
  • 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 West Concord

Stats & Trends

Median Asking:

$1,198,000

Sale Price/ft²

$498

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2768 ft²

Average Home Age

48.3 years

Currently For Sale

14 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 years ago
Data Source: MLS PIN, MLS# 30538892

Frequently Asked Questions

When was property at 402 Border Road built and last sold?
The property at 402 Border Road was built in 1972 and last sold on Jul 30, 2021 for $950,000.
How much is this home worth?
The estimated value of the home located at 402 Border Road is $0.
What are some comparable homes to 402 Border Road?
There are currently no comparable homes to 402 Border Road.
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