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Middlesex
7 Hillcrest Drive
$360,000
● House - Off Market

7 Hillcrest Drive

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,258 Ft²
$1,247,672
RealtyHop Estimate
241.92%
Since Jul 1, 1998
National-US
Primary Model

About This Property

BEAUTIFUL COL IN PRISTINE COND IN PRIME LOCATION. LG FORMAL LR&DR ENCLOSED 14X24 PORCH OFF LOVELY FR OAK KIT CAB. HD FLOORS FINISHED LOWER LEVEL W POSSIBLE AU PAIR,C/A,CENTRAL VAC MUCH MORE ROOF 2YRS, RECENTLY PAINTED. EXQUISITE
Unit Size
3,258 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$112
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1975

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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 years ago (MLSPIN #30212540)

Price History

Date / Event Date Event Price
Jun 5, 1998 Sold
Premium
Sold
Mar 23, 1998 Listed $364,900
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • 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: 18
  • 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: 31,599
  • Total Building Area: 2,312
  • Gross Building Area: 4,852
  • Building Area: 2,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,312
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000725
  • 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: 317202

Geography

  • Account Number: 7780
  • Parcel: CHEL M:0061 B:0260 L:10
  • Block: 260
  • Lot: 10
  • Municipality: CHELMSFORD
  • Latitude: 42.6038
  • Longitude: -71.3643

    Address

  • Full Address: 7 Hillcrest Dr
  • Address - House Number: 7
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C016
  • 4-Digit Zip Code: 1327
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,083,500

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 833,866
  • High Value: 977,897
  • Low Value: 689,834

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $754,000
  • Assessed Land Value: $381,300
  • Assessed Improvements Value: $372,700

    Sales

  • Current Sale Recording Date: Jun 05, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
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

2681 ft²

Average Home Age

62.4 years

Currently For Sale

3251 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

Currently no nearby rentals
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30212540

Frequently Asked Questions

When was property at 7 Hillcrest Drive built and last sold?
The property at 7 Hillcrest Drive was built in 1975 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 7 Hillcrest Drive is $422,962.
What are some comparable homes to 7 Hillcrest Drive?
There are currently no comparable homes to 7 Hillcrest Drive.
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