For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Middlesex
5 Lantern Lane
$429,000
● House - Off Market

5 Lantern Lane

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,620 Ft²
$685,760
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Well loved 3 BR home located in a quiet cul-de-sac neighborhood very close to major commuting routes. Features include updated kitchen, living room with gas fireplace, formal dining room, central air, hardwood flooring, master bedroom with bath, and spacious family room with slider out to the 18X18 deck overlooking the expansive, private flat back yard.  Lots of options in the lower level for an office or family room. Enter the mudroom through the two car garage. Lots of storage. Expect to be impressed!
Unit Size
1,620 Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1962

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 months ago (MLSPIN #72168008)

Price History

Date / Event Date Event Price
Jul 31, 2017 Sold
Premium
Sold
May 19, 2017 Listed by Berkshire Hathaway HomeServices Verani Realty $429,000
Listed by Berkshire Hathaway HomeServices Verani Realty
Aug 14, 2015 Sold
Premium
Sold
Jun 2, 2015 Listed by Berkshire Hathaway HomeServices Verani Realty $389,900
Listed by Berkshire Hathaway HomeServices Verani Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 41
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,236
  • Total Building Area: 1,620
  • Gross Building Area: 3,162
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000786
  • 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: 317202

Geography

  • Account Number: 7726
  • Parcel: CHEL M:0071 B:0206 L:12
  • Block: 206
  • Lot: 12
  • Municipality: CHELMSFORD
  • Latitude: 42.602
  • Longitude: -71.3679

    Address

  • Full Address: 5 Lantern Ln
  • Address - House Number: 5
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C026
  • 4-Digit Zip Code: 1315
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $798,500

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 656,986
  • High Value: 774,737
  • Low Value: 539,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $555,700
  • Assessed Land Value: $367,700
  • Assessed Improvements Value: $188,000

    Sales

  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32996
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Amount: $391,000
  • Previous Sale Document Type: O
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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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 months ago
Data Source: MLS PIN, MLS# 72168008

Frequently Asked Questions

When was property at 5 Lantern Lane built and last sold?
The property at 5 Lantern Lane was built in 1962 and last sold on Jan 1, 1970 for $429,000.
How much is this home worth?
The estimated value of the home located at 5 Lantern Lane is $447,607.
What are some comparable homes to 5 Lantern Lane?
There are currently no comparable homes to 5 Lantern Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Chelmsford Homes for Sale
Chelmsford Houses for Sale
Chelmsford Condos for Sale
Chelmsford Co-Ops for Sale
Chelmsford Townhouses for Sale
Chelmsford Multifamily for Sale
Chelmsford Land for Sale
Chelmsford Commercial for Sale
Nearby Cities
Lowell Homes for Sale
Nashua Homes for Sale
Methuen Town Homes for Sale
Lexington Homes for Sale
Burlington Homes for Sale
Pinehurst Homes for Sale
West Concord Homes for Sale
Littleton Common Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Hillsborough County, NH Property Records
Essex County, MA Property Records
Suffolk County, MA Property Records
Worcester County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Providence County, RI Property Records
Neighborhoods
Highlands Real Estate
Centralville Real Estate
Pawtucketville Real Estate
South Lowell Real Estate
Tower Hill Real Estate
Belvidere Real Estate
North Lexington Real Estate
West Hollis Real Estate
Nearby Counties
Lowell Homes for Sale
Nashua Homes for Sale
Methuen Town Homes for Sale
Billerica Homes for Sale
Dracut Homes for Sale
Tewksbury Homes for Sale
Lexington Homes for Sale
Acton Homes for Sale
Top Real Estate Agents
Top Agents in Chelmsford
Top Agents in Lowell
Top Agents in Lowell
Top Agents in Nashua
Top Agents in Nashua
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844