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Middlesex
75 Locke Road
$195,000
● House - Off Market

75 Locke Road

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,602 Ft²
$759,855
RealtyHop Estimate
280.12%
Since Oct 1, 1995
National-US
Primary Model

About This Property

EXPANDED RANCH/MASTER BR SUITE-1BATH. HARDWOOD,TILE,3 CAR GARAGE,PARKING-6 CARS. ALL APPLS STAY. STOVE IS JEN-AIRE, SPRIKLER SYS FOR EXCEPTIONAL LANDSCAPING. INGROUND POOL. TOO MANY OTHER FEATURES TO LIST.
Unit Size
1,602 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$125
Property Type
House
Property Taxes
$254
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: 4 years ago (MLSPIN #30057973)

Price History

Date / Event Date Event Price
Mar 29, 2002 Sold
Premium
Sold
Jan 26, 2002 Listed $359,900
Listed
Jan 12, 2001 Sold
Premium
Sold
Aug 10, 2000 Listed $295,000
Listed
Sep 19, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 29,207
  • Total Building Area: 2,250
  • Gross Building Area: 5,128
  • Building Area: 2,250
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,250
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WIDENING
  • Land Acres: 0000000671
  • 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: 11431
  • Parcel: CHEL M:0049 B:0238 L:7
  • Block: 238
  • Lot: 7
  • Municipality: CHELMSFORD
  • Latitude: 42.609
  • Longitude: -71.3735

    Address

  • Full Address: 75 Locke Rd
  • Address - House Number: 75
  • 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: $931,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 777,919
  • High Value: 913,490
  • Low Value: 642,347

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $648,200
  • Assessed Land Value: $326,800
  • Assessed Improvements Value: $321,400

    Sales

  • Current Sale Recording Date: Mar 29, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 12, 2001
  • Previous Sale Amount: $287,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.4 years

Currently For Sale

3328 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# 30057973

Frequently Asked Questions

When was property at 75 Locke Road built and last sold?
The property at 75 Locke Road was built in 1959 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 75 Locke Road is $378,590.
What are some comparable homes to 75 Locke Road?
There are currently no comparable homes to 75 Locke Road.
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