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West Concord 01742
6 Loring Road
$555,000
● House - Off Market

6 Loring Road

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,634 Ft²
$1,008,250
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Finally an affordable house in Concord ! Sited on a lovely .48 ac parcel, located on a small cul de sac, this split level home offers 8 rooms... A fireplaced LR, Dr with built in china cabinet, eat in kitchen, three bedrooms a half bath in master, and a full family bath on the upper level. Finished lower level  has a fireplaced  family room and office or guest room and full bath, cedar closet and laundry.  The interior has been freshly painted and the hardwood floors have been refinished(2015) The exterior was painted in 2012, a new septic installed 2012. Open house Saturday 5/2 1-3.
Unit Size
1,634 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$354
Property Type
House
Property Taxes
$594
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #71827976)

Price History

Date / Event Date Event Price
Jun 19, 2015 Sold
Premium
Sold
May 1, 2015 Listed by Coldwell Banker Residential Brokerage - Concord $579,000
Listed by Coldwell Banker Residential Brokerage - Concord

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 20,871
  • Total Building Area: 1,526
  • Gross Building Area: 3,234
  • Building Area: 1,526
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,526
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000479
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361200

Zoning

  • Zoning: B

Geography

  • Account Number: 4643
  • Parcel: CONC M:11D B:2779
  • Block: 2779
  • Municipality: CONCORD
  • Latitude: 42.4489
  • Longitude: -71.3944

    Address

  • Full Address: 6 Loring Rd
  • Address - House Number: 6
  • Address - Street Name: Loring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C014
  • 4-Digit Zip Code: 4012
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,171,300

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 969,040
  • High Value: 1,140,050
  • Low Value: 798,029

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $892,100
  • Assessed Land Value: $496,300
  • Assessed Improvements Value: $395,800

    Sales

  • Current Sale Recording Date: Mar 07, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 34581
  • Previous Sale Recording Date: Jun 19, 2015
  • Previous Sale Amount: $555,000
  • 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 West Concord

Stats & Trends

Median Asking:

$1,198,000

Sale Price/ft²

$498

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2768 ft²

Average Home Age

48.3 years

Currently For Sale

14 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# 71827976

Frequently Asked Questions

When was property at 6 Loring Road built and last sold?
The property at 6 Loring Road was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6 Loring Road is $600,946.
What are some comparable homes to 6 Loring Road?
There are currently no comparable homes to 6 Loring Road.
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