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Middlesex 01821
63 Concord Rd
$330,000
● House - Off Market

63 Concord Rd

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,490 Ft²
$549,376
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Billerica Center! "I love that house" I'm sure it's said by passers by everyday. Who wouldn't love the huge country lot landscaped with rosebushes, the farmer's porch, the detached garage, and the screened in gazebo? Who wouldn't love the in town location near the Library, shopping, town common, restaurants, and the brand new Parker School? Huge country kitchen with granite counters includes all appliances. 1st floor bath with Laundry. Although the home needs attention, many major items have been addressed. New roof, new 200 amp electrical service, new oil tank, new hot water, gas is in the house, windows have been replaced, young heating system, chimney newly lined and re-pointed.  Please make offers good through Tuesday August 9, 2016 6 pm.
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$221
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1888

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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 #72047981)

Price History

Date / Event Date Event Price
Sep 23, 2016 Sold
Premium
Sold
Aug 3, 2016 Listed by LAER Realty Partners $329,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 594
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,390
  • Total Building Area: 1,490
  • Gross Building Area: 2,952
  • Building Area: 1,490
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,490
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000514
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316102

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0061 B:0025 L:0
  • Block: 25
  • Municipality: BILLERICA
  • Latitude: 42.5541
  • Longitude: -71.2704

    Address

  • Full Address: 63 Concord Rd
  • Address - House Number: 63
  • Address - Street Name: Concord
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: C016
  • 4-Digit Zip Code: 2503
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,300

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 570,169
  • High Value: 707,393
  • Low Value: 432,945

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,300
  • Assessed Land Value: $278,000
  • Assessed Improvements Value: $210,300

    Sales

  • Current Sale Recording Date: Sep 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45933
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

65.4 years

Currently For Sale

3328 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: 5 months ago
Data Source: MLS PIN, MLS# 72047981

Frequently Asked Questions

When was property at 63 Concord Road built and last sold?
The property at 63 Concord Road was built in 1888 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 63 Concord Road is $350,287.
What are some comparable homes to 63 Concord Road?
There are currently no comparable homes to 63 Concord Road.
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