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Middlesex
7 Gristone Rd
$305,000
● House - Off Market

7 Gristone Rd

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,252 Ft²
$734,527
RealtyHop Estimate
133.18%
Since Jun 1, 2003
National-US
Primary Model

About This Property

HICKS BUILT RANCH. COUNTRY KIT W/FPLC IN DINING AREA, HARDWOOD THROUGHOUT. SCRRENED PORCH OFF DINING AREA. CONNECTS TO 1 CAR GAR. LL HAS ADDITIONAL 1,000 SF OF LIVING SPACE W/FAMRM & POSSIBLE 4TH BDRM. BEAUTIFULLY TREED LOT.
Unit Size
1,252 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$252
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #30655604)

Price History

Date / Event Date Event Price
May 28, 2003 Sold
Premium
Sold
Oct 8, 2002 Listed by Realty Executives Marsh & Associates $315,000
Listed by Realty Executives Marsh & Associates
HICKS BUILT RANCH. COUNTRY KIT W/FPLC IN DINING AREA, HARDWOOD THROUGHOUT. SCRRENED PORCH OFF DINING AREA. CONNECTS TO 1 CAR GAR. LL HAS ADDITIONAL 1,000 SF OF LIVING SPACE W/FAMRM & POSSIBLE 4TH BDRM. BEAUTIFULLY TREED LOT.
Sep 27, 2002 Sold
Premium
Sold
Aug 7, 2002 Listed by ERA Morrison Real Estate $329,900
Listed by ERA Morrison Real Estate
Jul 10, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 30,026
  • Total Building Area: 1,252
  • Gross Building Area: 3,004
  • Building Area: 1,252
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,252
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • 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: 11663
  • Parcel: CHEL M:0058 B:0287 L:13
  • Block: 287
  • Lot: 13
  • Municipality: CHELMSFORD
  • Latitude: 42.6037
  • Longitude: -71.3979

    Address

  • Full Address: 7 Gristone Rd
  • Address - House Number: 7
  • Address - Street Name: Gristone
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C014
  • 4-Digit Zip Code: 1009
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $799,000

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 642,952
  • High Value: 761,639
  • Low Value: 524,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $556,000
  • Assessed Land Value: $363,000
  • Assessed Improvements Value: $193,000

    Sales

  • Current Sale Recording Date: May 28, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00061695
  • Previous Sale Recording Date: Jul 10, 1997
  • Previous Sale Amount: $160,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2719 ft²

Average Home Age

64.9 years

Currently For Sale

3097 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# 30655604

Frequently Asked Questions

When was property at 7 Gristone Road built and last sold?
The property at 7 Gristone Road was built in 1960 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 7 Gristone Road is $327,134.
What are some comparable homes to 7 Gristone Road?
There are currently no comparable homes to 7 Gristone Road.
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