Property profile

37 Ml Rd Chelmsford, MA 01824

OFF-MARKET
Investment properties
Property ID
US38-1702806
3,016 SF 0.92 ac lot Built 1800
Individually Owned 5-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1800
Total area 3,016 SF
Lot 0.92 ac (40,075 SF)
Zoning code RB
APN CHEL M:0112 B:0426 L:6
UPID US38-1702806

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician

Location

37 Ml Rd Chelmsford, MA 01824-4831
Chelmsford metro Census 317103 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$740k
CAP Approach CAP
$765k
Comparable Approach Comparable
$784k
Blend (final) Blend
$740k

Owner & transaction history

since 2021
Last sale
$724,000
7 recorded transactions
2023
Price N/A
2021
$724,000
2021
Price N/A
2020
Price N/A
2010
$1
2010
Price N/A
2004
Price N/A

Zoning & alternative use

RB · Chelmsford, MA
Zoning description

These are low-density single-family residence districts.

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $850,000 +8.9%
Neighborhood: shopping center $835,000 +7.2%
Retail stores $815,000 +4.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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