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Middlesex 01432
1 Magnolia Drive
Photo of 1 Magnolia Drive
Sold on Jul 15, 2026

29

Map

Photo of 1 Magnolia Drive
Photo of 1 Magnolia Drive
$718,000
● House - Off Market

1 Magnolia Drive

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,104 Ft²
$3,998
Est. Monthly

About This Property

Located in Crabtree Estates, this updated 3-bedroom, 1.5-bath home sits on nearly an acre and offers the perfect blend of comfort and convenience. Since 2017, improvements include a new roof, siding, windows, and central air.  The renovated kitchen features granite countertops and stainless steel appliances, with updated baths,  Hardwood floors highlight the dining and living rooms, anchored by a gas fireplace and sliders to a rear deck overlooking the spacious yard. A generously sized main bedroom with walk-in closet and a finished walk-out lower level-ideal for a game room, office, or guest space-add flexibility. Enjoy all that Ayer has to offer, including public schools, commuter rail access, local shopping, dining, and nearby outdoor recreation like Nashua River Trail and Sandy Pond ~ Welcome Home!
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$333
Property Type
House
Property Taxes
$561
HOA Dues
-
Year Built
1995

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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: 3 months ago (MLSPIN #73519040)

Price History

Date / Event Date Event Price
Jul 15, 2026 Sold
Premium
Sold
Jun 2, 2026 In contract -
In contract
May 14, 2026 Listed by Gibbs Realty Inc. $699,900
Listed by Gibbs Realty Inc.
Mar 9, 2017 Sold
Premium
Sold
Nov 23, 2016 Listed by Gibbs Realty Inc. $320,900
Listed by Gibbs Realty Inc.
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2003
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ayer-Shirley School District
  • School Tax School District: AYER SHIRLEY SD
  • Census Tract: 325101

Zoning

  • Zoning: A1

Geography

  • Parcel: AYER M:016 B:0000 L:0072
  • Lot: 72
  • Municipality: AYER
  • Latitude: 42.5658
  • Longitude: -71.5412

    Address

  • Full Address: 1 Magnolia Dr
  • Address - House Number: 1
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ayer
  • Carrier Code: C004
  • 4-Digit Zip Code: 1562
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $584,100

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 618,667
  • High Value: 719,259
  • Low Value: 518,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,300
  • Assessed Land Value: $188,100
  • Assessed Improvements Value: $282,200

    Sales

  • Current Sale Recording Date: Mar 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36205
  • Previous Sale Recording Date: Jul 12, 2016
  • Previous Sale Amount: $213,696
  • Previous Sale Document Type: 34
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 73519040

Frequently Asked Questions

When was property at 1 Magnolia Drive built and last sold?
The property at 1 Magnolia Drive was built in 1995 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 1 Magnolia Drive is $698,013.
What are some comparable homes to 1 Magnolia Drive?
There are currently no comparable homes to 1 Magnolia Drive.
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