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Middlesex
7 Laredo Dr
$428,000
● House - Off Market

7 Laredo Dr

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,150 Ft²
$702,460
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

THIS IS THE HOUSE YOU'VE BEEN WAITING FOR!! Four true bedrooms, 2.5 bathrooms, well over 2000 sqft, and a large 2 car garage located in a prestigious South Chelmsford neighborhood. This home features HARDWOOD throughout the main level, a beautiful fire-placed living room with bow window, a FULL MASTER BATHROOM, and a 20X20 FAMILY ROOM complete with wood-burning FIREPLACE. Finish off the other side of the basement for even more living space! All this situated on a mature .58 acre lot in the Old Stage Estates within walking distance of shopping and dining and less than 40 minutes to Boston. This home checks all the boxes!!
Unit Size
2,150 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$209
Property Type
House
Property Taxes
$606
HOA Dues
-
Year Built
1966

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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 #72214350)

Price History

Date / Event Date Event Price
Oct 20, 2017 Sold
Premium
Sold
Aug 16, 2017 Listed by Ready RE, LLC $450,000
Listed by Ready RE, LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 19
  • Exterior Walls Type: 19
  • 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: 25,200
  • Total Building Area: 1,534
  • Gross Building Area: 3,290
  • Building Area: 1,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000579
  • 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: 7058
  • Parcel: CHEL M:0127 B:0466 L:4
  • Block: 466
  • Lot: 4
  • Municipality: CHELMSFORD
  • Latitude: 42.5693
  • Longitude: -71.3539

    Address

  • Full Address: 7 Laredo Dr
  • Address - House Number: 7
  • Address - Street Name: Laredo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C018
  • 4-Digit Zip Code: 4606
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $839,800

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 681,597
  • High Value: 803,759
  • Low Value: 559,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $584,400
  • Assessed Land Value: $341,900
  • Assessed Improvements Value: $242,500

    Sales

  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47123
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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 72214350

Frequently Asked Questions

When was property at 7 Laredo Drive built and last sold?
The property at 7 Laredo Drive was built in 1966 and last sold on Jan 1, 1970 for $428,000.
How much is this home worth?
The estimated value of the home located at 7 Laredo Drive is $479,118.
What are some comparable homes to 7 Laredo Drive?
There are currently no comparable homes to 7 Laredo Drive.
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