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Middlesex
8 Murray Hill Rd
$339,000
● House - Off Market

8 Murray Hill Rd

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,626 Ft²
$585,542
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Location! Location!  Vintage '50's Ranch on cul-de-sac street with easy access to Chelmsford Center, Rte. 495, bike trail and shopping! Set on a great 1/2 acre, level lot, this home has great possibilities.  A little elbow grease and vision will bring this loved ranch home with 1 car garage into the 21st century.  Spacious room sizes, lovely yard, a "diamond in the rough."  Hurry to see it. Won't last. Great value for Chelmsford!
Unit Size
1,626 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$209
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1959

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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: 6 months ago (MLSPIN #71948849)

Price History

Date / Event Date Event Price
Apr 8, 2016 Sold
Premium
Sold
Jan 14, 2016 Listed by LAER Realty Partners $339,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 22,500
  • Total Building Area: 1,670
  • Gross Building Area: 3,592
  • Building Area: 1,670
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,670
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHELMSFORD
  • Land Acres: 0000000517
  • 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: 7868
  • Parcel: CHEL M:0061 B:0165 L:60
  • Block: 165
  • Lot: 60
  • Municipality: CHELMSFORD
  • Latitude: 42.6052
  • Longitude: -71.3582

    Address

  • Full Address: 8 Murray Hill Rd
  • Address - House Number: 8
  • Address - Street Name: Murray Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C016
  • 4-Digit Zip Code: 2118
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $780,100

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 646,361
  • High Value: 751,456
  • Low Value: 541,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $542,900
  • Assessed Land Value: $304,400
  • Assessed Improvements Value: $238,500

    Sales

  • Current Sale Recording Date: Apr 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14736
  • Previous Sale Recording Date: Apr 08, 2016
  • Previous Sale Amount: $341,000
  • Previous Sale Document Type: O
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:

$824,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 6 months ago
Data Source: MLS PIN, MLS# 71948849

Frequently Asked Questions

When was property at 8 Murray Hill Road built and last sold?
The property at 8 Murray Hill Road was built in 1959 and last sold on Jan 1, 1970 for $339,000.
How much is this home worth?
The estimated value of the home located at 8 Murray Hill Road is $363,504.
What are some comparable homes to 8 Murray Hill Road?
There are currently no comparable homes to 8 Murray Hill Road.
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