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Middlesex 01742
473 Powder Mill Road
$632,000
● House - Off Market

473 Powder Mill Road

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,504 Ft²
$1,075,786
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

Move in condition, comfortable living area and private acre lot with manageable grounds maintenance, are highlights of this three bedroom, two full bath ranch-style home. The floor plan offers a cozy and open flow. Features include: sunny kitchen with all new appliances, family room with fireplace, open living/dining rooms, hardwood flooring in principle rooms, a sun room, and an ensuite master bedroom. Plenty of storage. A nice option for down sizers or great starter home. A two car attached garage, and the separate two car detached garage offer convenience and additional storage.  Located near elementary and middle schools, White Pond, Verrill Farm and Mahoney's. Easy Rte 2 & 117 access. Commuter Rail located in Concord center.
Unit Size
1,504 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$432
Property Type
House
Property Taxes
$713
HOA Dues
-
Year Built
1966

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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: 4 months ago (MLSPIN #72054751)

Price History

Date / Event Date Event Price
Oct 13, 2016 Sold
Premium
Sold
Aug 17, 2016 Listed by Barrett Sotheby's International Realty $649,000
Listed by Barrett Sotheby's International Realty
Oct 12, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,614
  • Total Building Area: 1,504
  • Gross Building Area: 2,912
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 30043
  • Land Acres: 0000000978
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: A

Geography

  • Account Number: 5612
  • Parcel: CONC M:14D B:3184
  • Block: 3184
  • Municipality: CONCORD
  • Latitude: 42.431
  • Longitude: -71.3929

    Address

  • Full Address: 473 Powder Mill Rd
  • Address - House Number: 473
  • Address - Street Name: Powder Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C007
  • 4-Digit Zip Code: 4811
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,208,000

    Appraisal Valuation

  • Standard Deviation: 0.1572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,079,443
  • High Value: 1,249,194
  • Low Value: 909,693

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $920,000
  • Assessed Land Value: $611,700
  • Assessed Improvements Value: $308,300

    Sales

  • Current Sale Contract Date: Oct 12, 2016
  • Current Sale Recording Date: Oct 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1743360
  • Previous Sale Recording Date: Oct 12, 1989
  • Previous Sale Amount: $227,500
  • 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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 72054751

Frequently Asked Questions

When was property at 473 Powder Mill Road built and last sold?
The property at 473 Powder Mill Road was built in 1966 and last sold on Oct 12, 2016 for $632,000.
How much is this home worth?
The estimated value of the home located at 473 Powder Mill Road is $657,476.
What are some comparable homes to 473 Powder Mill Road?
There are currently no comparable homes to 473 Powder Mill Road.
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