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Middlesex
7 Sierra Drive
$269,000
● House - Off Market

7 Sierra Drive

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$799,636
RealtyHop Estimate
196.27%
Since Jun 1, 2000
National-US
Primary Model

About This Property

A LOVELY RENOVATED SPLIT IN OLD STAGE, FEAT'S NEW FULLY APPL KITCHEN,CAT'L CEIL'G IN FAMRM W/NEW PIC WINDOWS,CUST. WIND. TREATMNTS STAY, NEW BERBER CRPT,NEW TILE FOYER,NEW VINYL SID'G,NEW LANDSCP'G,NEW PATIO,2 CAR GARAGE,LOTS OF STORAGE
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$169
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1971

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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 #30388848)

Price History

Date / Event Date Event Price
May 30, 2000 Sold
Premium
Sold
Feb 28, 2000 Listed $269,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 33,000
  • Total Building Area: 1,242
  • Gross Building Area: 2,468
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000758
  • 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: 11146
  • Parcel: CHEL M:0118 B:0415 L:14
  • Block: 415
  • Lot: 14
  • Municipality: CHELMSFORD
  • Latitude: 42.574
  • Longitude: -71.3572

    Address

  • Full Address: 7 Sierra Dr
  • Address - House Number: 7
  • Address - Street Name: Sierra
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 4442
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $809,600

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 670,378
  • High Value: 787,208
  • Low Value: 553,548

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,400
  • Assessed Land Value: $348,000
  • Assessed Improvements Value: $215,400

    Sales

  • Current Sale Recording Date: May 30, 2000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65 years

Currently For Sale

3272 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: 4 years ago
Data Source: MLS PIN, MLS# 30388848

Frequently Asked Questions

When was property at 7 Sierra Drive built and last sold?
The property at 7 Sierra Drive was built in 1971 and last sold on Jan 1, 1970 for $269,000.
How much is this home worth?
The estimated value of the home located at 7 Sierra Drive is $0.
What are some comparable homes to 7 Sierra Drive?
There are currently no comparable homes to 7 Sierra Drive.
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