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Middlesex
7 Carter Dr
$455,000
● House - Off Market

7 Carter Dr

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,232 Ft²
$861,413
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Lovely 9 rm Garrison Colonial, 4 BR, 2.5 BA in desirable neighborhood. Short walk to Rail Trail, conveniently located to Chelmsford Center and to all highways. Open kitchen floor plan leading to French doors and sun filled addition with slider to backyard double decks. Brick fireplace in family room, 4 large bedrooms upstairs and walk up attic with future expansion possible. Large front to back master bedroom with bath. Two car garage under with new insulated garage doors.
Unit Size
2,232 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$197
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1980

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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 #71516681)

Price History

Date / Event Date Event Price
Jun 28, 2013 Sold
Premium
Sold
Apr 29, 2013 Listed by Thread Real Estate, LLC $438,900
Listed by Thread Real Estate, LLC

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 28,628
  • Total Building Area: 2,232
  • Gross Building Area: 4,680
  • Building Area: 2,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000657
  • 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: 317102

Geography

  • Account Number: 4783
  • Parcel: CHEL M:0074 B:0275 L:20
  • Block: 275
  • Lot: 20
  • Municipality: CHELMSFORD
  • Latitude: 42.6006
  • Longitude: -71.3392

    Address

  • Full Address: 7 Carter Dr
  • Address - House Number: 7
  • Address - Street Name: Carter
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C017
  • 4-Digit Zip Code: 2807
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $899,100

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 800,515
  • High Value: 940,024
  • Low Value: 661,006

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $625,700
  • Assessed Land Value: $324,500
  • Assessed Improvements Value: $301,200

    Sales

  • Current Sale Recording Date: Jun 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35447
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $455,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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# 71516681

Frequently Asked Questions

When was property at 7 Carter Drive built and last sold?
The property at 7 Carter Drive was built in 1980 and last sold on Jan 1, 1970 for $455,000.
How much is this home worth?
The estimated value of the home located at 7 Carter Drive is $472,841.
What are some comparable homes to 7 Carter Drive?
There are currently no comparable homes to 7 Carter Drive.
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