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Middlesex
96 Park Road
$480,000
● House - Off Market

96 Park Road

Chelmsford, MA 01824
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$487,181
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Don't miss this opportunity to buy this 3 Bedroom Colonial on a huge oversized 40,000SF Lot, in a great location at a fantastic price!!! This Property is located close to the Chelmsford Country Club, Bruce Freeman Trails, Jones and Parlee Farm, and minutes from the Public Library, RT495 and RT93. Home needs some TLC and perfect for your personal touches.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$362
Property Type
House
Property Taxes
$588
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #73123083)

Price History

Date / Event Date Event Price
Oct 6, 2023 Sold
Premium
Sold
Sep 1, 2023 In contract -
In contract
Jun 9, 2023 Temporarily off market -
Temporarily off market
Jun 9, 2023 Listed by The Zenkin Realty Group LLC $489,000
Listed by The Zenkin Realty Group LLC
Mar 7, 2023 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 40,443
  • Total Building Area: 1,352
  • Gross Building Area: 2,697
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000928
  • 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: 317103

Geography

  • Account Number: 7217
  • Parcel: CHEL M:0117 B:0449 L:8
  • Block: 449
  • Lot: 8
  • Municipality: CHELMSFORD
  • Latitude: 42.5721
  • Longitude: -71.3679

    Address

  • Full Address: 96 Park Rd
  • Address - House Number: 96
  • Address - Street Name: Park
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 4341
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $706,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 418,773
  • High Value: 451,221
  • Low Value: 386,324

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491,300
  • Assessed Land Value: $339,100
  • Assessed Improvements Value: $152,200

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29706
  • Previous Sale Recording Date: Jul 20, 2022
  • Previous Sale Contract Date: Jul 20, 2022
  • Previous Sale Amount: $400,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2676 ft²

Average Home Age

65.4 years

Currently For Sale

3300 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: 5 months ago
Data Source: MLS PIN, MLS# 73123083

Frequently Asked Questions

When was property at 96 Park Road built and last sold?
The property at 96 Park Road was built in 1900 and last sold on Oct 6, 2023 for $480,000.
How much is this home worth?
The estimated value of the home located at 96 Park Road is $492,753.
What are some comparable homes to 96 Park Road?
There are currently no comparable homes to 96 Park Road.
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