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West Concord 01742
975 Main St
$485,000
● House - Off Market

975 Main St

Concord, MA 01742
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,397 Ft²
$920,680
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

Much loved family home, this classic Cape built by builder/owner, is now ready for the next generation to embrace and update to todays tastes.  Located on the corner of MacArthur and Main in vibrant W.Concord, walking distance to trains and shopping. House features beautiful hardwood floors, 3 bedrooms with room for expansion to a 4th, great 4-season sunroom, 2 full baths, full basement, and detached garage.  Excellent schools,walking distance to Emerson Hospital, and easy access to commuter routes!
Unit Size
1,397 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$347
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1948

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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 #71587250)

Price History

Date / Event Date Event Price
Nov 22, 2013 Sold
Premium
Sold
Sep 23, 2013 Listed by Keller Williams Realty Boston Northwest $485,000
Listed by Keller Williams Realty Boston Northwest

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,742
  • Total Building Area: 1,466
  • Gross Building Area: 3,278
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361100

Zoning

  • Zoning: C

Geography

  • Account Number: 2286
  • Parcel: CONC M:9E B:3707
  • Block: 3707
  • Municipality: CONCORD
  • Latitude: 42.4559
  • Longitude: -71.3831

    Address

  • Full Address: 975 Main St
  • Address - House Number: 975
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Concord
  • Carrier Code: C019
  • 4-Digit Zip Code: 3211
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,003,100

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 851,305
  • High Value: 1,001,538
  • Low Value: 701,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $764,000
  • Assessed Land Value: $430,300
  • Assessed Improvements Value: $333,700

    Sales

  • Current Sale Recording Date: Nov 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 244124
  • Previous Sale Recording Date: Nov 22, 2013
  • Previous Sale Amount: $485,000
  • 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 West Concord

Stats & Trends

Median Asking:

$1,198,000

Sale Price/ft²

$498

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2768 ft²

Average Home Age

48.3 years

Currently For Sale

14 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# 71587250

Frequently Asked Questions

When was property at 975 Main Street built and last sold?
The property at 975 Main Street was built in 1948 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 975 Main Street is $506,529.
What are some comparable homes to 975 Main Street?
There are currently no comparable homes to 975 Main Street.
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