For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Middlesex 01742
551 Elm St
Photo of 551 Elm St
Sold on Sep 9, 2011

1

Map

$527,500
● House - Off Market

551 Elm St

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,680 Ft²
$1,142,644
RealtyHop Estimate
109.66%
Since Oct 1, 2011
MA-Boston
Primary Model

About This Property

Perfection Plus! Immaculate Split Entry with park-like grounds. Price of ownership emanates from this 7+ room home. Hardwwod floors, nicely proprtioned rooms, walk-out lower level and heated 2-car garage are among the highlights. Both living & family rooms have fireplaces and a sunny, updated kitchenopens directly to a private deck, which overlooks the backyard. Numerous updates (see list @ house), sidewalks to center & quick access to route 2 are additional perks. A pleasure inside and out!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$324
Property Type
House
Property Taxes
$522
HOA Dues
-
Year Built
1972

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: 2 months ago (MLSPIN #71240650)

Price History

Date / Event Date Event Price
Nov 22, 2022 Sold
Premium
Sold
Oct 24, 2022 In contract -
In contract
Sep 6, 2022 Listed by J M Barrett & Co., Inc. $995,000
Listed by J M Barrett & Co., Inc.
Jul 10, 2013 Sold
Premium
Sold
Apr 26, 2013 Listed by J M Barrett & Co., Inc. $599,000
Listed by J M Barrett & Co., Inc.
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 1,434
  • Gross Building Area: 3,114
  • Building Area: 1,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,434
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONCORD
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361100

Zoning

  • Zoning: B

Geography

  • Account Number: 1516
  • Parcel: CONC M:8E B:3797 L:18
  • Block: 3797
  • Lot: 18
  • Municipality: CONCORD
  • Latitude: 42.4629
  • Longitude: -71.3811

    Address

  • Full Address: 551 Elm St
  • Address - House Number: 551
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Concord
  • Carrier Code: C011
  • 4-Digit Zip Code: 2211
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,352,900

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,056,037
  • High Value: 1,242,400
  • Low Value: 869,674

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,030,400
  • Assessed Land Value: $630,000
  • Assessed Improvements Value: $400,400

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 172004
  • Previous Sale Recording Date: Jul 10, 2013
  • Previous Sale Amount: $618,500
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.3 years

Currently For Sale

3213 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: 2 months ago
Data Source: MLS PIN, MLS# 71240650

Frequently Asked Questions

When was property at 551 Elm Street built and last sold?
The property at 551 Elm Street was built in 1972 and last sold on Nov 22, 2022 for $940,000.
How much is this home worth?
The estimated value of the home located at 551 Elm Street is $998,288.
What are some comparable homes to 551 Elm Street?
There are currently no comparable homes to 551 Elm Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
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
Popular Searches
Concord Homes for Sale
Concord Houses for Sale
Concord Condos for Sale
Concord Townhouses for Sale
Concord Multifamily for Sale
Concord Land for Sale
Concord Commercial for Sale
Concord Homes with Basements
Nearby Cities
Newton Homes for Sale
Waltham Homes for Sale
Arlington Homes for Sale
Marlborough Homes for Sale
Lexington Homes for Sale
Woburn Homes for Sale
Watertown Town Homes for Sale
Belmont Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Norfolk County, MA Property Records
Worcester County, MA Property Records
Essex County, MA Property Records
Hillsborough County, NH Property Records
Rockingham County, NH Property Records
Providence County, RI Property Records
Neighborhoods
Watertown West End Real Estate
Arlington Heights Real Estate
Arlington Center Real Estate
West Newton Real Estate
Oak Square Real Estate
East Watertown Real Estate
North Lexington Real Estate
Newton Corner Real Estate
Nearby Counties
Newton Homes for Sale
Waltham Homes for Sale
Arlington Homes for Sale
Marlborough Homes for Sale
Billerica Homes for Sale
Lexington Homes for Sale
Woburn Homes for Sale
Watertown Town Homes for Sale
Top Real Estate Agents
Top Agents in Concord
Top Agents in Newton
Top Agents in Newton
Top Agents in Waltham
Top Agents in Waltham
Top Agents in Arlington
Top Agents in Arlington
Top Agents in Marlborough