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Middlesex
8 Abbott Lane
$159,900
● House - Off Market

8 Abbott Lane

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,032 Ft²
$568,572
RealtyHop Estimate
255.58%
Since Feb 1, 1998
National-US
Primary Model

About This Property

LOCATION, LOCATION,LOCATION! GREAT STARTER HOME W/3 BDRMS, 1.5 BATHS, FP LIV RM, DNRM&EAT IN KIT IN A MUCH SOUGHT AFTER NEIGHBORHOOD. ADD TO IT A 1 CAR GARAGE AND A LG WOODED LOT. CLOSE TO SHOPPING, HIGHWAYS AND FRIENDSHIP PARK. A MUST SEE!
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$155
Property Type
House
Property Taxes
$239
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 #30194106)

Price History

Date / Event Date Event Price
Jan 12, 1998 Sold
Premium
Sold
Nov 14, 1997 Listed $159,900
Listed

Property Highlights

Garage
Parking Available
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: 1
  • 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: 31,137
  • Total Building Area: 1,032
  • Gross Building Area: 2,680
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000715
  • 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: 317201

Geography

  • Account Number: 9181
  • Parcel: CHEL M:0071 B:0310 L:10
  • Block: 310
  • Lot: 10
  • Municipality: CHELMSFORD
  • Latitude: 42.6004
  • Longitude: -71.3717

    Address

  • Full Address: 8 Abbott Ln
  • Address - House Number: 8
  • Address - Street Name: Abbott
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C026
  • 4-Digit Zip Code: 2020
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $758,600

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 599,555
  • High Value: 711,379
  • Low Value: 487,731

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $527,900
  • Assessed Land Value: $364,300
  • Assessed Improvements Value: $163,600

    Sales

  • Current Sale Recording Date: Jan 12, 1998
  • Current Sale Price:
    Premium
  • Current 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:

$815,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2685 ft²

Average Home Age

65 years

Currently For Sale

3224 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30194106

Frequently Asked Questions

When was property at 8 Abbott Lane built and last sold?
The property at 8 Abbott Lane was built in 1959 and last sold on Jan 1, 1970 for $159,900.
How much is this home worth?
The estimated value of the home located at 8 Abbott Lane is $0.
What are some comparable homes to 8 Abbott Lane?
There are currently no comparable homes to 8 Abbott Lane.
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