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Middlesex
54 Manning Road
$300,000
● House - Off Market

54 Manning Road

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,597 Ft²
$689,017
RealtyHop Estimate
118.74%
Since Feb 1, 2004
National-US
Primary Model

About This Property

LARGE CHELMSFORD HOME ON HALF ACRE LOT, WAITING FOR A NEW OWNER. IGNORE THE SIZE DESCRIPTION, BRING A MEASURING TAPE AND SEE FOR YOURSELF. LOTS OF SPACE, AND MANY NEW FEATURES MAKE THIS A SERIOUS VALUE IN THE CHELMSFORD MARKET!
Unit Size
1,597 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$197
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1973

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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: 5 months ago (MLSPIN #30770891)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Aug 12, 2021 Listed by Exit Homestead Realty $599,900
Listed by Exit Homestead Realty
Jan 15, 2004 Sold
Premium
Sold
Sep 19, 2003 Listed by Exit Homestead Realty $315,000
Listed by Exit Homestead Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 21,145
  • Total Building Area: 1,604
  • Gross Building Area: 3,592
  • Building Area: 1,604
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,604
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000485
  • 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: 317102

Geography

  • Account Number: 10805
  • Parcel: CHEL M:0054 B:0237 L:7
  • Block: 237
  • Lot: 7
  • Municipality: CHELMSFORD
  • Latitude: 42.6096
  • Longitude: -71.3162

    Address

  • Full Address: 54 Manning Rd
  • Address - House Number: 54
  • Address - Street Name: Manning
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C005
  • 4-Digit Zip Code: 2524
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $725,300

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 646,421
  • High Value: 759,188
  • Low Value: 533,653

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $504,700
  • Assessed Land Value: $290,800
  • Assessed Improvements Value: $213,900

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57014
  • Previous Sale Recording Date: Jan 15, 2004
  • Previous Sale Amount: $300,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30770891

Frequently Asked Questions

When was property at 54 Manning Road built and last sold?
The property at 54 Manning Road was built in 1973 and last sold on Sep 29, 2021 for $615,000.
How much is this home worth?
The estimated value of the home located at 54 Manning Road is $637,117.
What are some comparable homes to 54 Manning Road?
There are currently no comparable homes to 54 Manning Road.
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