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Middlesex 01730
8 Richard Road
$680,000
● House - Off Market

8 Richard Road

Bedford, MA 01730
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,965 Ft²
$1,332,201
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Fronted by a circular drive near the upper schools, library, town tennis court, playground, this home has been lovingly maintained providing lots of space for the growing family. Upon entering the large foyer you'll find 8 rooms on three levels with 2.5 baths. This home offers the desired 4BR's on the upper level and a wonderful family room just steps from the updated kitchen. Beautifully sited on 3/4 acre reaching all the way to the walking trails & bike path yet in a quiet atmosphere.
Unit Size
1,965 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$354
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1966

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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 #71523137)

Price History

Date / Event Date Event Price
Jun 25, 2013 Sold
Premium
Sold
May 9, 2013 Listed by The Higgins Group REALTORS® $695,000
Listed by The Higgins Group REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 7
  • Basement Area: 1,600
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,048
  • Total Building Area: 1,600
  • Gross Building Area: 4,400
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • 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: B

Geography

  • Parcel: BEDF M:062 P:0053
  • Municipality: BEDFORD
  • Latitude: 42.4852
  • Longitude: -71.2891

    Address

  • Full Address: 8 Richard Rd
  • Address - House Number: 8
  • Address - Street Name: Richard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bedford
  • Carrier Code: C009
  • 4-Digit Zip Code: 2115
  • Zip Code: 01730

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $937,900

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 987,252
  • High Value: 1,149,677
  • Low Value: 824,827

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $789,500
  • Assessed Land Value: $503,700
  • Assessed Improvements Value: $285,800
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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 71523137

Frequently Asked Questions

When was property at 8 Richard Road built and last sold?
The property at 8 Richard Road was built in 1966 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Richard Road is $710,067.
What are some comparable homes to 8 Richard Road?
There are currently no comparable homes to 8 Richard Road.
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