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Middlesex 01469
51 Gilchrist Road
$330,000
● House - Off Market

51 Gilchrist Road

Townsend, MA 01469
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,990 Ft²
$626,713
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

True Log Cabin...Nature Lovers..Nestled back from the road offering an abundance of privacy. This log home offers a  3 bedroom home and a 1 bedroom In-Law or apartment. Home has been renovated this past summer, 2014. Offering New Kitchens & baths. Refinished hardwood floors.New heating system 2014, New hot water tank 2014, New porches 2014,  New 4 bedroom Septic System. First floor laundry and seller is offering a generous allowance for new appliances.
Unit Size
2,990 Ft²
Days on Market
-
Land Size
3.55 acres
Price per sqft
$117
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1988

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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 #71780042)

Price History

Date / Event Date Event Price
Aug 11, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by Foster-Healey Real Estate $495,000
Listed by Foster-Healey Real Estate
May 29, 2015 Sold
Premium
Sold
Jan 2, 2015 Listed by Foster-Healey Real Estate $349,900
Listed by Foster-Healey Real Estate
Jun 7, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,622
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 154,638
  • Total Building Area: 2,990
  • Gross Building Area: 5,218
  • Building Area: 2,990
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,990
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003550
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301102

Zoning

  • Zoning: RB2

Geography

  • District: 299
  • Parcel: TOWN M:0023 B:0033 L:0000
  • Block: 33
  • Municipality: TOWNSEND
  • Latitude: 42.6263
  • Longitude: -71.7042

    Address

  • Full Address: 51 Gilchrist Rd
  • Address - House Number: 51
  • Address - Street Name: Gilchrist
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Townsend
  • Carrier Code: R003
  • 4-Digit Zip Code: 1309
  • Zip Code: 01469

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $819,800

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 633,001
  • High Value: 740,932
  • Low Value: 525,071

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,900
  • Assessed Land Value: $107,300
  • Assessed Improvements Value: $461,600

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180259
  • Previous Sale Recording Date: May 29, 2015
  • Previous Sale Amount: $330,000
  • 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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71780042

Frequently Asked Questions

When was property at 51 Gilchrist Road built and last sold?
The property at 51 Gilchrist Road was built in 1988 and last sold on Aug 11, 2021 for $495,000.
How much is this home worth?
The estimated value of the home located at 51 Gilchrist Road is $535,707.
What are some comparable homes to 51 Gilchrist Road?
There are currently no comparable homes to 51 Gilchrist Road.
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