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Middlesex
7 Bonanza Rd
$422,500
● House - Off Market

7 Bonanza Rd

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,294 Ft²
$806,870
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Very spacious home with 2 1/2 car garage on cul-de-sac street in Old Stage Estates. Come see this updated kitchen with granite counters, stainless steel appliances and pantry. Hardwood through-out the first floor except for tile in the two bathrooms. Living room with bay window opens to dining room with sliders to 3-season porch offering ceiling fan, sky light, and steps to back yard. All four bedrooms are generously sized and Master has private bath along with triple closet with one built-in chest. Family room w/ sliders to patio, brick wall, wood-burning fireplace and built ins. Half bath with laundry and oversized garage (2.5 car) completes the downstairs. Level to gently sloping backyard for games and play.
Unit Size
2,294 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1967

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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: 6 months ago (MLSPIN #71687299)

Price History

Date / Event Date Event Price
Jul 17, 2014 Sold
Premium
Sold
May 27, 2014 Listed by Coldwell Banker Residential Brokerage - Chelmsford $434,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 22,520
  • Total Building Area: 1,534
  • Gross Building Area: 3,552
  • Building Area: 1,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • 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: 11122
  • Parcel: CHEL M:0118 B:0451 L:11
  • Block: 451
  • Lot: 11
  • Municipality: CHELMSFORD
  • Latitude: 42.5729
  • Longitude: -71.357

    Address

  • Full Address: 7 Bonanza Rd
  • Address - House Number: 7
  • Address - Street Name: Bonanza
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 4405
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $887,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 762,561
  • High Value: 880,076
  • Low Value: 645,046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617,900
  • Assessed Land Value: $338,300
  • Assessed Improvements Value: $279,600

    Sales

  • Current Sale Recording Date: Jul 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27332
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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

65 years

Currently For Sale

3009 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: 6 months ago
Data Source: MLS PIN, MLS# 71687299

Frequently Asked Questions

When was property at 7 Bonanza Road built and last sold?
The property at 7 Bonanza Road was built in 1967 and last sold on Jan 1, 1970 for $422,500.
How much is this home worth?
The estimated value of the home located at 7 Bonanza Road is $466,941.
What are some comparable homes to 7 Bonanza Road?
There are currently no comparable homes to 7 Bonanza Road.
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