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Middlesex 01742
702 Lowell Road
$1,069,000
● House - Off Market

702 Lowell Road

Concord, MA 01742
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,856 Ft²
$2,690,816
RealtyHop Estimate
172.07%
Since Jan 1, 2001
MA-Boston
Primary Model

About This Property

FABULOUS RENOVATED ANTIQUE FARMHOUSE LOCATED ON A BEAUTIFUL LOT NEAR CONCORD CENTER AND ESTABRO0K WOODS, CONSERVATION LAND.  ATTENTION TO DETAIL AND QUALITY CRAFTSMANSHIP!  A DELIGHT TO SEE! CONT. UPON SATIS. P&S ON  HOME OF CHOICE
Unit Size
2,856 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$346
Property Type
House
Property Taxes
$618
HOA Dues
-
Year Built
1965

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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 #30458195)

Price History

Date / Event Date Event Price
Dec 28, 2000 Sold
Premium
Sold
Nov 1, 2000 Listed by J M Barrett & Co., Inc. $989,000
Listed by J M Barrett & Co., Inc.
Jul 12, 1996 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,513
  • Total Building Area: 2,780
  • Gross Building Area: 5,634
  • Building Area: 2,780
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,780
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARY R FLAGG
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361300

Zoning

  • Zoning: Z

Geography

  • Account Number: 689
  • Parcel: CONC M:6G B:1466
  • Block: 1466
  • Municipality: CONCORD
  • Latitude: 42.4759
  • Longitude: -71.365

    Address

  • Full Address: 702 Lowell Rd
  • Address - House Number: 702
  • Address - Street Name: Lowell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: R001
  • 4-Digit Zip Code: 5510
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,095,200

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,824,668
  • High Value: 2,113,555
  • Low Value: 1,535,781

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,595,700
  • Assessed Land Value: $580,900
  • Assessed Improvements Value: $1,014,800

    Sales

  • Current Sale Recording Date: Dec 28, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 12, 1996
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 27

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y
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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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# 30458195

Frequently Asked Questions

When was property at 702 Lowell Road built and last sold?
The property at 702 Lowell Road was built in 1965 and last sold on Jan 1, 1970 for $1,069,000.
How much is this home worth?
The estimated value of the home located at 702 Lowell Road is $0.
What are some comparable homes to 702 Lowell Road?
There are currently no comparable homes to 702 Lowell Road.
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