For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Middlesex
5 Parlee Rd
$365,000
● House - Off Market

5 Parlee Rd

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,656 Ft²
$518,402
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

YOUR DREAM OF HOME OWNERSHIP IS RIGHT HERE!  This 3 Bedroom 1 Bath Home is located in a Well Established Neighborhood on a Corner Lot close to Rts. 3,4,110, and 495.  The large Family Room with private Deck could be made into a Master Bedroom by adding a bath to the Utility/Laundry Room or just enjoy the warmth by the Fireplace with plenty of space for the whole gang to watch the games.  Add to this the 3 Bedrooms and a Formal Living and Dining Room with a covered Patio and Above Ground Pool in the Back Yard.  There is also a large side lot for the kids to play.  It has replacement window and storm doors.  Great Brook Farm, South Row Elementary School, and Thanksgiving Forest are nearby.  The home needs some updating and is being sold "As Is".  Bring your decorating ideas and make this home your own.
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$211
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1960

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: 5 months ago (MLSPIN #72329581)

Price History

Date / Event Date Event Price
Jun 28, 2018 Sold
Premium
Sold
May 17, 2018 Listed by Ready RE, LLC $350,000
Listed by Ready RE, LLC

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: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 27,467
  • Total Building Area: 1,656
  • Gross Building Area: 2,016
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000631
  • 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: 6606
  • Parcel: CHEL M:0119 B:0452 L:1
  • Block: 452
  • Lot: 1
  • Municipality: CHELMSFORD
  • Latitude: 42.5737
  • Longitude: -71.344

    Address

  • Full Address: 5 Parlee Rd
  • Address - House Number: 5
  • Address - Street Name: Parlee
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C018
  • 4-Digit Zip Code: 4725
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $679,600

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 595,048
  • High Value: 704,892
  • Low Value: 485,203

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,900
  • Assessed Land Value: $319,900
  • Assessed Improvements Value: $153,000

    Sales

  • Current Sale Recording Date: Jun 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27108
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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: 5 months ago
Data Source: MLS PIN, MLS# 72329581

Frequently Asked Questions

When was property at 5 Parlee Road built and last sold?
The property at 5 Parlee Road was built in 1960 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 5 Parlee Road is $374,871.
What are some comparable homes to 5 Parlee Road?
There are currently no comparable homes to 5 Parlee Road.
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