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Middlesex
8 Thomas Dr
$415,000
● House - Off Market

8 Thomas Dr

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,450 Ft²
$652,769
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Lovely 3 bedrooms and 2 full baths in a highly sought-after neighborhood. Hardwood floors throughout main level. Front master bedroom has full bathroom. Kitchen can be entered from garage area and slider leads to large double deck, perfect for entertaining. Walk out finished basement has additional fireplace with oversized large laundry room and storage. Separate room can be used as a fourth bedroom or office. Three wood burning fireplaces to keep you warm in the winter and a whole house fan to cool it down in the summer. Need more space? Utilize the additional large multi purpose room off garage. Open flat backyard abuts newly renovated Roberts Field but still has wooded area for privacy. Easy access to Rte 495, Rte 3, and local shopping.
Unit Size
2,450 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$180
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1970

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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 #72439081)

Price History

Date / Event Date Event Price
Apr 5, 2019 Sold
Premium
Sold
Mar 23, 2019 No longer available -
No longer available
Jan 9, 2019 Listed by Keller Williams Realty-Merrimack $439,900
Listed by Keller Williams Realty-Merrimack
Jan 29, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 45,302
  • Total Building Area: 1,273
  • Gross Building Area: 4,081
  • Building Area: 1,273
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,273
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001040
  • 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: 9390
  • Parcel: CHEL M:0058 B:0276 L:9
  • Block: 276
  • Lot: 9
  • Municipality: CHELMSFORD
  • Latitude: 42.604
  • Longitude: -71.3914

    Address

  • Full Address: 8 Thomas Dr
  • Address - House Number: 8
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C012
  • 4-Digit Zip Code: 2011
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $817,500

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 678,224
  • High Value: 786,571
  • Low Value: 569,876

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568,900
  • Assessed Land Value: $366,600
  • Assessed Improvements Value: $202,300

    Sales

  • Current Sale Contract Date: Apr 05, 2019
  • Current Sale Recording Date: Apr 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12445
  • Previous Sale Recording Date: Jan 29, 1999
  • Previous Sale Amount: $220,000
  • 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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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# 72439081

Frequently Asked Questions

When was property at 8 Thomas Drive built and last sold?
The property at 8 Thomas Drive was built in 1970 and last sold on Apr 5, 2019 for $415,000.
How much is this home worth?
The estimated value of the home located at 8 Thomas Drive is $443,390.
What are some comparable homes to 8 Thomas Drive?
There are currently no comparable homes to 8 Thomas Drive.
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