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West Concord 01742
985 Main Street
$655,000
● House - Off Market

985 Main Street

Concord, MA 01742
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$689,795
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model

About This Property

Opportunity to live in Concord!  Lots of potential to increase the size! Meticulous condition! The sellers' family has lived in this house for over 30 years and take great pride in its upkeep.  Lovely interior with living room fireplace, arched doorways, hardwood floors, enclosed porch. Full unfinished basement.  Finished stairway leading to second floor which is presently an attic but can be built out for more living space.  Town sewer. One car garage.  Large and pretty yard.  Close to stores, restaurants, train. Easy access to Route 2. Seller requires 90 day closing.  Showings start Saturday, April 10th at 10:00 am
Unit Size
936 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$640
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1948

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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: 4 years ago (MLSPIN #72812023)

Price History

Date / Event Date Event Price
Jun 14, 2021 Sold
Premium
Sold
Apr 9, 2021 Listed by Coldwell Banker Realty - Concord $599,000
Listed by Coldwell Banker Realty - Concord
Oct 21, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 13,485
  • Total Building Area: 936
  • Gross Building Area: 2,908
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • 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: 2287
  • Parcel: CONC M:9E B:3708
  • Block: 3708
  • Municipality: CONCORD
  • Latitude: 42.4558
  • Longitude: -71.3834

    Address

  • Full Address: 985 Main St
  • Address - House Number: 985
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Concord
  • Carrier Code: C019
  • 4-Digit Zip Code: 3217
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $992,800

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 814,332
  • High Value: 941,762
  • Low Value: 686,902

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $756,100
  • Assessed Land Value: $443,200
  • Assessed Improvements Value: $312,900

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133905
  • Previous Sale Recording Date: Oct 21, 1994
  • Previous Sale Amount: $160,000
  • 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 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 years ago
Data Source: MLS PIN, MLS# 72812023

Frequently Asked Questions

When was property at 985 Main Street built and last sold?
The property at 985 Main Street was built in 1948 and last sold on Jun 14, 2021 for $655,000.
How much is this home worth?
The estimated value of the home located at 985 Main Street is $0.
What are some comparable homes to 985 Main Street?
There are currently no comparable homes to 985 Main Street.
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