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Middlesex 01730
8 Independence Road
Photo of 8 Independence Road
Sold on Nov 21, 2005

1

Map

$600,000
● House - Off Market

8 Independence Road

Bedford, MA 01730
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,900 Ft²
$1,066,929
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model

About This Property

Classic Garrison Colonial in desirable neighborhood. Comfort and space abound with easy flow of floor plan and everything you've ever dreamed to have. Formal living and dining rooms, E-I kitchen; spacious fireplcd famlyrm with coat closet, laundry area, 1/2 bath & open to deck. Walk up attic for future expansion. Many recent imprvmnts incl.new roof, gleaming HW flrs throughout, 2 ceramic tiled baths, System 2000 boiler & hot water tank, garage doors & opnrs. Close to Center, Rt.128 & bike path.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$315
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1982

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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 #70265119)

Price History

Date / Event Date Event Price
Nov 21, 2005 Sold
Premium
Sold
Sep 11, 2005 Listed $598,000
Listed
Jun 27, 2002 Sold
Premium
Sold
Jan 23, 2002 Listed $454,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,026
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,573
  • Total Building Area: 2,974
  • Gross Building Area: 4,700
  • Building Area: 2,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,974
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARTWELL ACRES 02 BEDFORD
  • Land Acres: 0000000358
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bedford School District
  • School Tax School District: BEDFORD SD
  • Census Tract: 359303

Zoning

  • Zoning: C

Geography

  • Parcel: BEDF M:070 P:0022-Z
  • Municipality: BEDFORD
  • Latitude: 42.4814
  • Longitude: -71.2833

    Address

  • Full Address: 8 Independence Rd
  • Address - House Number: 8
  • Address - Street Name: Independence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bedford
  • Carrier Code: C015
  • 4-Digit Zip Code: 2434
  • Zip Code: 01730

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,152,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 1,203,318
  • High Value: 1,417,234
  • Low Value: 989,403

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $970,000
  • Assessed Land Value: $451,000
  • Assessed Improvements Value: $519,000

    Sales

  • Current Sale Recording Date: Nov 21, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00257330
  • Previous Sale Recording Date: Jun 27, 2002
  • Previous Sale Amount: $438,000
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70265119

Frequently Asked Questions

When was property at 8 Independence Road built and last sold?
The property at 8 Independence Road was built in 1982 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 8 Independence Road is $610,677.
What are some comparable homes to 8 Independence Road?
There are currently no comparable homes to 8 Independence Road.
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