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Middlesex
6 Parlee Rd
$370,000
● House - Off Market

6 Parlee Rd

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,415 Ft²
$513,559
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Great opportunity for Contractor, Investor or Car enthusiast 9 GARAGE SPACES! This home will surprise you with the number of options it offers.  The prime location in South Chelmsford makes this a great buy for the right buyer!  The home offers ~  3 Bedroom, 2 Full Bath, 1 Car attached Garage.  Located in the rear of the home are separate structures with 9 Garage Spaces! There have been some updates Windows, Electrical panel 200amp, Gas Fireplace, A/C units.   Bring your decorating ideas!  Property is being sold in as-is condition.  Easy to show!
Unit Size
1,415 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$254
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1959

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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 #72497889)

Price History

Date / Event Date Event Price
Jun 26, 2019 Sold
Premium
Sold
May 10, 2019 Listed by ERA Key Realty Services $359,900
Listed by ERA Key Realty Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,759
  • Total Building Area: 1,415
  • Gross Building Area: 1,703
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000706
  • 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: 6490
  • Parcel: CHEL M:0119 B:0425 L:5
  • Block: 425
  • Lot: 5
  • Municipality: CHELMSFORD
  • Latitude: 42.5741
  • Longitude: -71.3442

    Address

  • Full Address: 6 Parlee Rd
  • Address - House Number: 6
  • Address - Street Name: Parlee
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C018
  • 4-Digit Zip Code: 4726
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $703,000

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 596,118
  • High Value: 706,160
  • Low Value: 486,076

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $489,200
  • Assessed Land Value: $330,800
  • Assessed Improvements Value: $158,400

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25162
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# 72497889

Frequently Asked Questions

When was property at 6 Parlee Road built and last sold?
The property at 6 Parlee Road was built in 1959 and last sold on Jun 19, 2019 for $370,000.
How much is this home worth?
The estimated value of the home located at 6 Parlee Road is $378,422.
What are some comparable homes to 6 Parlee Road?
There are currently no comparable homes to 6 Parlee Road.
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