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Middlesex
7 Nevada Drive
$431,000
● House - Off Market

7 Nevada Drive

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,280 Ft²
$637,550
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Welcome home to this immaculate, well maintained 3 bdrm. 1-1/2 bath ranch style home in desirable Old Stage Estates. Skylights in the kitchen and bathroom along with the large bay window in the living room fill this home with natural lighting. Sliding glass doors from the dining area lead you to a large 16'x24'  multilevel deck to enjoy the beauty of this 1/2 acre lot where fruit trees flourish.  As fall and winter approach the wood burning fireplace located in the living room will be there to warm you.  Extra storage space above the garage and in the 16' x 8' shed located in the back yard.  You will not be disappointed.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$340
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1966

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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: 4 months ago (MLSPIN #72540442)

Price History

Date / Event Date Event Price
May 27, 2021 Sold
Premium
Sold
Mar 30, 2021 Listed by Coldwell Banker Residential Brokerage - Chelmsford $469,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Sep 12, 2019 Sold
Premium
Sold
Jul 26, 2019 Listed by Coldwell Banker Residential Brokerage - Chelmsford $435,000
Listed by Coldwell Banker Residential Brokerage - Chelmsford

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • 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: 22,500
  • Total Building Area: 1,280
  • Gross Building Area: 2,048
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • 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: 11149
  • Parcel: CHEL M:0118 B:0415 L:5
  • Block: 415
  • Lot: 5
  • Municipality: CHELMSFORD
  • Latitude: 42.575
  • Longitude: -71.3563

    Address

  • Full Address: 7 Nevada Dr
  • Address - House Number: 7
  • Address - Street Name: Nevada
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 4513
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $678,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 580,124
  • High Value: 674,449
  • Low Value: 485,798

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,800
  • Assessed Land Value: $338,300
  • Assessed Improvements Value: $133,500

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 311118
  • Previous Sale Recording Date: Sep 12, 2019
  • Previous Sale Contract Date: Sep 06, 2019
  • Previous Sale Amount: $431,000
  • Previous Sale Document Type: O
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

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72540442

Frequently Asked Questions

When was property at 7 Nevada Drive built and last sold?
The property at 7 Nevada Drive was built in 1966 and last sold on May 26, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 7 Nevada Drive is $481,265.
What are some comparable homes to 7 Nevada Drive?
There are currently no comparable homes to 7 Nevada Drive.
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