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Middlesex 01742
785 Barretts Mill Rd
$560,000
● House - Off Market

785 Barretts Mill Rd

Concord, MA 01742
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,286 Ft²
$808,277
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Priced $180,000 below assessment. Perfectly priced to reflect the work that this home needs.  This very special turn of the century home is located on a beautiful acre parcel, complete with beautiful lawns, a small barn, and a two car garage.  The home had a two-story addition added in the late 80's that comprised of a large fireplaced family room with a beamed ceiling and a stunning master suite.  The home needs a buyer that will bring this home to the level it deserves, your sweat equity will more than pay off.  This home has maintained it's charm and character and from the moment you walk in you too will see that restoring this property will be well worth the effort.  The home is being sold as is, the septic system passed Title V.  Come with your ideas and elbow grease!
Unit Size
2,286 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$245
Property Type
House
Property Taxes
$929
HOA Dues
-
Year Built
1893

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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 months ago (MLSPIN #72354792)

Price History

Date / Event Date Event Price
Apr 18, 2019 Sold
Premium
Sold
Jun 29, 2018 Listed by Coldwell Banker Residential Brokerage - Concord $560,000
Listed by Coldwell Banker Residential Brokerage - Concord

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1893
  • Effective Year Built: 1970
  • 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: 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: 33,939
  • Total Building Area: 2,286
  • Gross Building Area: 3,928
  • Building Area: 2,286
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,286
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONCORD
  • Land Acres: 0000000779
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • Account Number: 899
  • Parcel: CONC M:7E B:1945
  • Block: 1945
  • Municipality: CONCORD
  • Latitude: 42.4687
  • Longitude: -71.3887

    Address

  • Full Address: 785 Barretts Mill Rd
  • Address - House Number: 785
  • Address - Street Name: Barretts Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C011
  • 4-Digit Zip Code: 1506
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,320,200

    Appraisal Valuation

  • Standard Deviation: 0.2242
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 1,035,295
  • High Value: 1,267,474
  • Low Value: 803,116

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,005,500
  • Assessed Land Value: $569,200
  • Assessed Improvements Value: $436,300

    Sales

  • Current Sale Contract Date: Apr 16, 2019
  • Current Sale Recording Date: Apr 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48333

    Financing

  • First Mortgage Financing Type: ADJ
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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72354792

Frequently Asked Questions

When was property at 785 Barretts Mill Road built and last sold?
The property at 785 Barretts Mill Road was built in 1893 and last sold on Apr 16, 2019 for $560,000.
How much is this home worth?
The estimated value of the home located at 785 Barretts Mill Road is $589,062.
What are some comparable homes to 785 Barretts Mill Road?
There are currently no comparable homes to 785 Barretts Mill Road.
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