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Middlesex
8 Colonial Drive
Photo of 8 Colonial Drive
Sold on Aug 29, 2008

1

Map

$323,000
● House - Off Market

8 Colonial Drive

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,445 Ft²
$647,042
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

Westland Ranch move in condition. Updates since 2003 include Central Air, Water Heater,Replacement windows,roof and vinal siding. The furnace was refurbished in 2008. Updated kitchen offers ceramic tile counter top and floors,gas cook top range,Fisher/Parkel dishwasher, double wall oven. 22 x 21 screened porch offers a relaxing place to sit and watch the kids romp in the large fenced yard.
Unit Size
1,445 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$233
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70756077)

Price History

Date / Event Date Event Price
Sep 30, 2013 Sold
Premium
Sold
Aug 29, 2008 Sold
Premium
Sold
May 2, 2008 Listed $337,215
Listed
Dec 15, 2003 Sold
Premium
Sold
Jul 26, 2003 Listed $314,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • 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: 17,500
  • Total Building Area: 1,641
  • Gross Building Area: 3,958
  • Building Area: 1,641
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,641
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000402
  • 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: 317203

Geography

  • Account Number: 4101
  • Parcel: CHEL M:0050 B:0163 L:2
  • Block: 163
  • Lot: 2
  • Municipality: CHELMSFORD
  • Latitude: 42.6134
  • Longitude: -71.3583

    Address

  • Full Address: 8 Colonial Dr
  • Address - House Number: 8
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C027
  • 4-Digit Zip Code: 1616
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $797,400

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 697,191
  • High Value: 825,891
  • Low Value: 568,491

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,900
  • Assessed Land Value: $323,800
  • Assessed Improvements Value: $231,100

    Sales

  • Current Sale Recording Date: Aug 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00039385
  • Previous Sale Recording Date: Dec 15, 2003
  • Previous Sale Amount: $314,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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 months ago
Data Source: MLS PIN, MLS# 70756077

Frequently Asked Questions

When was property at 8 Colonial Drive built and last sold?
The property at 8 Colonial Drive was built in 1953 and last sold on Jan 1, 1970 for $323,000.
How much is this home worth?
The estimated value of the home located at 8 Colonial Drive is $355,674.
What are some comparable homes to 8 Colonial Drive?
There are currently no comparable homes to 8 Colonial Drive.
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