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Middlesex
7 Jerridge Ln
$630,000
● House - Off Market

7 Jerridge Ln

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,611 Ft²
$1,030,615
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Welcome to this paradise-like home--abuts the 9th hole of the Chelmsford Country Club,  with meadow-like 2+ acres fenced backyard, this sprawling cape provides rare-find stunning living experience: situated in a cul-de-sac neighborhood, convenient to everywhere through route 495 or route 3, open floor concept 4-bedroom with beautiful maple hardwood floor throughout, first-class high efficiency heat and cooling system.  No, not this your-average-Joe house features description. Come to see this house, from every single room, from each turn of the house, or walk around the fenced backyard, the pastoral lush land and high endless sky is what you SEE,  the openess and peacefulness is what you FEEL, Remember, you can always find a different property somewhere,  but not this kind of livng experience this property offers.
Unit Size
2,611 Ft²
Days on Market
-
Land Size
2.14 acres
Price per sqft
$260
Property Type
House
Property Taxes
$838
HOA Dues
-
Year Built
1970

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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 #72311685)

Price History

Date / Event Date Event Price
Jun 12, 2018 Sold
Premium
Sold
Apr 19, 2018 Listed by Coldwell Banker Residential Brokerage - Andover $679,900
Listed by Coldwell Banker Residential Brokerage - Andover
Apr 9, 2009 Sold
Premium
Sold
Oct 30, 2008 Listed by Coldwell Banker Residential Brokerage - Andover $435,000
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 93,218
  • Total Building Area: 2,611
  • Gross Building Area: 6,544
  • Building Area: 2,611
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,611
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002140
  • 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: 7202
  • Parcel: CHEL M:0109 B:0429 L:14
  • Block: 429
  • Lot: 14
  • Municipality: CHELMSFORD
  • Latitude: 42.5761
  • Longitude: -71.3676

    Address

  • Full Address: 7 Jerridge Ln
  • Address - House Number: 7
  • Address - Street Name: Jerridge
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 4404
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,133,100

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 935,157
  • High Value: 1,079,078
  • Low Value: 791,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $788,500
  • Assessed Land Value: $379,800
  • Assessed Improvements Value: $408,700

    Sales

  • Current Sale Recording Date: Jun 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23983
  • Previous Sale Recording Date: Apr 09, 2009
  • Previous Sale Amount: $417,000
  • 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:

$822,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 6 months ago
Data Source: MLS PIN, MLS# 72311685

Frequently Asked Questions

When was property at 7 Jerridge Lane built and last sold?
The property at 7 Jerridge Lane was built in 1970 and last sold on Jan 1, 1970 for $630,000.
How much is this home worth?
The estimated value of the home located at 7 Jerridge Lane is $697,744.
What are some comparable homes to 7 Jerridge Lane?
There are currently no comparable homes to 7 Jerridge Lane.
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