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Middlesex
7 Galloway Rd
$544,900
● House - Off Market

7 Galloway Rd

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,200 Ft²
$791,631
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Honey Stop the Car ! This is the place to call home ! Charming New England style Gambrel with all the right features. The first floor offers a beautiful family room  with hardwood floors. Open concept  country kitchen /dining room with fireplace.   A fourth bedroom or a home office . Formal living room and a half bath.  Upstairs you will find a king size master bedroom, 2 other bedrooms, a full bath and a large walk in closet.  Addition living space in the basement as there is a perfect play room or sports cave with daylight windows, gas stove and a walk out to the back yard.  Private level rear yard with a patio.   Central air.  Extra storage space in the loft over the garage and  attic  All this is a super desirable neighborhood with easy access to rt 3 and shopping.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$245
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1965

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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 #72512679)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jun 5, 2019 Listed by LAER Realty Partners $539,900
Listed by LAER Realty Partners
Jul 24, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 40,000
  • Total Building Area: 1,768
  • Gross Building Area: 3,708
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • 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: 317201

Geography

  • Account Number: 9539
  • Parcel: CHEL M:0090 B:0371 L:2
  • Block: 371
  • Lot: 2
  • Municipality: CHELMSFORD
  • Latitude: 42.5906
  • Longitude: -71.3982

    Address

  • Full Address: 7 Galloway Rd
  • Address - House Number: 7
  • Address - Street Name: Galloway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C012
  • 4-Digit Zip Code: 1943
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $854,200

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 707,580
  • High Value: 822,630
  • Low Value: 592,531

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $594,400
  • Assessed Land Value: $374,000
  • Assessed Improvements Value: $220,400

    Sales

  • Current Sale Contract Date: Aug 27, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37077
  • Previous Sale Recording Date: Jul 24, 1992
  • Previous Sale Amount: $169,700
  • Previous Sale Document Type: 27
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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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: 4 months ago
Data Source: MLS PIN, MLS# 72512679

Frequently Asked Questions

When was property at 7 Galloway Road built and last sold?
The property at 7 Galloway Road was built in 1965 and last sold on Aug 27, 2019 for $544,900.
How much is this home worth?
The estimated value of the home located at 7 Galloway Road is $568,082.
What are some comparable homes to 7 Galloway Road?
There are currently no comparable homes to 7 Galloway Road.
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