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Middlesex
71 Locke Road
$250,000
● House - Off Market

71 Locke Road

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,242 Ft²
$571,622
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

~Come Enjoy All This Home Has To Offer~  3 Bedroom, 2 Full Baths, 2 Car Garage, Hardwood Floors throughout, Central A/C this home offers a lot!!! The open bright airy feel really makes this such a wonderful home.  The large family room offers lots of windows overlooking large level backyard and deck. Updates include newer windows, vinyl siding.  Located in a Prime location with more expensive homes.  Easy access to major commuting routes. This is not your ordinary Ranch!
Unit Size
1,242 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$213
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1959

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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: 6 months ago (MLSPIN #71301466)

Price History

Date / Event Date Event Price
Sep 7, 2012 Sold
Premium
Sold
Oct 17, 2011 Listed by CENTURY 21 Landmark Realty $264,900
Listed by CENTURY 21 Landmark Realty
May 18, 2007 Sold
Premium
Sold
Nov 6, 2006 Listed by CENTURY 21 Landmark Realty $359,900
Listed by CENTURY 21 Landmark Realty
Aug 14, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 29,302
  • Total Building Area: 1,506
  • Gross Building Area: 3,354
  • Building Area: 1,506
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,506
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WIDENING LOCKE ROAD
  • Land Acres: 0000000673
  • 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: 317202

Geography

  • Account Number: 11432
  • Parcel: CHEL M:0049 B:0238 L:5
  • Block: 238
  • Lot: 5
  • Municipality: CHELMSFORD
  • Latitude: 42.6094
  • Longitude: -71.3734

    Address

  • Full Address: 71 Locke Rd
  • Address - House Number: 71
  • Address - Street Name: Locke
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C030
  • 4-Digit Zip Code: 1233
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $776,700

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 612,400
  • High Value: 725,448
  • Low Value: 499,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,500
  • Assessed Land Value: $327,200
  • Assessed Improvements Value: $213,300

    Sales

  • Current Sale Recording Date: Sep 07, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000004
  • Previous Sale Recording Date: May 18, 2007
  • Previous Sale Amount: $358,500
  • 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:

$822,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 6 months ago
Data Source: MLS PIN, MLS# 71301466

Frequently Asked Questions

When was property at 71 Locke Road built and last sold?
The property at 71 Locke Road was built in 1959 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 71 Locke Road is $283,244.
What are some comparable homes to 71 Locke Road?
There are currently no comparable homes to 71 Locke Road.
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