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Middlesex
5 Craig Road
$156,000
● House - Off Market

5 Craig Road

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$724,176
RealtyHop Estimate
352.89%
Since Oct 1, 1995
MA-Boston
Primary Model

About This Property

LOVELY EXPANDED FARMS RANCH IN EXCELLENT CONDITION. BRIGHT & NEUTRAL DECOR WITH RECENT UPDATES TO KITCHEN,BATHS,WIN- DOWS AND MORE.. HUGE 21' FR OFF KITCHEN,FENCED IN PRIVATE BACKYARD. A PLEASURE TO SHOW. DEFINITELY NOT A DRIVE BY!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$114
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1960

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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 #30057331)

Price History

Date / Event Date Event Price
Sep 29, 1995 Sold
Premium
Sold
Jul 11, 1995 Listed $159,900
Listed
Oct 17, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,500
  • Total Building Area: 1,056
  • Gross Building Area: 1,452
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHELMSFORD ACRES
  • Land Acres: 0000000517
  • 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: 6542
  • Parcel: CHEL M:0120 B:0453 L:10
  • Block: 453
  • Lot: 10
  • Municipality: CHELMSFORD
  • Latitude: 42.573
  • Longitude: -71.339

    Address

  • Full Address: 5 Craig Rd
  • Address - House Number: 5
  • Address - Street Name: Craig
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C022
  • 4-Digit Zip Code: 4703
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $623,100

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 578,137
  • High Value: 678,129
  • Low Value: 478,144

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,600
  • Assessed Land Value: $307,500
  • Assessed Improvements Value: $126,100

    Sales

  • Current Sale Recording Date: Sep 29, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 17, 1994
  • Previous Sale Amount: $143,500
  • 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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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: 4 years ago
Data Source: MLS PIN, MLS# 30057331

Frequently Asked Questions

When was property at 5 Craig Road built and last sold?
The property at 5 Craig Road was built in 1960 and last sold on Jan 1, 1970 for $156,000.
How much is this home worth?
The estimated value of the home located at 5 Craig Road is $0.
What are some comparable homes to 5 Craig Road?
There are currently no comparable homes to 5 Craig Road.
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