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Middlesex 01742
48 Garfield Road
Photo of 48 Garfield Road
Sold on Jul 11, 2010

1

Map

$1,760,000
● House - Off Market

48 Garfield Road

Concord, MA 01742
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
6,000 Ft²
$3,831,287
RealtyHop Estimate
102.18%
Since Aug 1, 2010
MA-Boston
Primary Model

About This Property

Stunning Colonial Built w/ Exceptional Craftsmanship and Attention Detail in an Area of Estate Homes. Features Include Custom Kitchen with the Highest Quality Appointments; Dining Rm w/ Built-Ins & Serving Pantry; Study Finished in Cherry; Front to Back Living Room with Fireplace;  Spacious Mastersuite w/ WIC, Dressing Area and Bath; 38x24 Bonus Rm; Energy Efficient Features of This Home Include 2x6 Construction,  Energy Star Rated Windows, Appliances & Heating System. Owner Financing Available!
Unit Size
6,000 Ft²
Days on Market
-
Land Size
1.91 acres
Price per sqft
$316
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

Payment Calculator

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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: 2 years ago (MLSPIN #70847730)

Price History

Date / Event Date Event Price
Jun 21, 2021 Sold
Premium
Sold
Apr 7, 2021 Listed $2,399,000
Listed
Jul 8, 2010 Sold
Premium
Sold
Nov 17, 2008 Listed $1,895,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • 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: 300
  • 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: 83,334
  • Total Building Area: 5,672
  • Gross Building Area: 12,049
  • Building Area: 5,672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,672
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MICHAEL KIMBALL
  • Land Acres: 0000001913
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 10389
  • Parcel: CONC M:13F B:3480 L:1-1
  • Block: 3480
  • Lot: 1-1
  • Municipality: CONCORD
  • Latitude: 42.4331
  • Longitude: -71.3719

    Address

  • Full Address: 48 Garfield Rd
  • Address - House Number: 48
  • Address - Street Name: Garfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C008
  • 4-Digit Zip Code: 4903
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,518,400

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 2,769,210
  • High Value: 3,207,640
  • Low Value: 2,330,781

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,679,700
  • Assessed Land Value: $557,500
  • Assessed Improvements Value: $2,122,200

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 139906
  • Previous Sale Recording Date: Jul 08, 2010
  • Previous Sale Amount: $1,760,000
  • Previous Sale Document Type: 27

    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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 70847730

Frequently Asked Questions

When was property at 48 Garfield Road built and last sold?
The property at 48 Garfield Road was built in 2007 and last sold on Jun 21, 2021 for $2,300,000.
How much is this home worth?
The estimated value of the home located at 48 Garfield Road is $0.
What are some comparable homes to 48 Garfield Road?
There are currently no comparable homes to 48 Garfield Road.
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