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Middlesex 01742
71 Lee Drive
$880,000
● House - Off Market

71 Lee Drive

Concord, MA 01742
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,634 Ft²
$2,083,672
RealtyHop Estimate
122.85%
Since Aug 1, 2002
MA-Boston
Primary Model

About This Property

CLASSIC GAMBREL COLONIAL W/DRAMATIC INTERIOR SPACES IN SOUGHT AFTER & FRIENDLIEST CUL-DE-SAC NGHBRHD BORDERING FRM LAND,EAT IN KIT W/BAY WINDOW,STUNNING CATH CEIL DR/LR COMBO W/BALCONY+ATRIUM DRS TO ENGLISH GARDENS,VIEWS,SCRND PORCH
Unit Size
3,634 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$257
Property Type
House
Property Taxes
$572
HOA Dues
-
Year Built
1974

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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: 5 months ago (MLSPIN #30582664)

Price History

Date / Event Date Event Price
Jul 22, 2002 Sold
Premium
Sold
Feb 25, 2002 Listed by Coldwell Banker Residential Brokerage - Concord $935,000
Listed by Coldwell Banker Residential Brokerage - Concord
Oct 6, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 40,871
  • Total Building Area: 3,539
  • Gross Building Area: 6,563
  • Building Area: 3,539
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,539
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONCORD
  • Land Acres: 0000000938
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: A

Geography

  • Account Number: 909
  • Parcel: CONC M:7E B:1948 L:8
  • Block: 1948
  • Lot: 8
  • Municipality: CONCORD
  • Latitude: 42.4709
  • Longitude: -71.3836

    Address

  • Full Address: 71 Lee Dr
  • Address - House Number: 71
  • Address - Street Name: Lee
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Concord
  • Carrier Code: C011
  • 4-Digit Zip Code: 1510
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,027,300

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 1,752,695
  • High Value: 2,064,724
  • Low Value: 1,440,666

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,544,000
  • Assessed Land Value: $581,200
  • Assessed Improvements Value: $962,800

    Sales

  • Current Sale Recording Date: Jul 22, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 240
  • Previous Sale Recording Date: Oct 06, 1989
  • Previous Sale Amount: $450,500
  • 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:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 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: 5 months ago
Data Source: MLS PIN, MLS# 30582664

Frequently Asked Questions

When was property at 71 Lee Drive built and last sold?
The property at 71 Lee Drive was built in 1974 and last sold on Jan 1, 1970 for $880,000.
How much is this home worth?
The estimated value of the home located at 71 Lee Drive is $973,417.
What are some comparable homes to 71 Lee Drive?
There are currently no comparable homes to 71 Lee Drive.
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