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Middlesex 01432
11 Mountain Laurel Road
$490,000
● House - Off Market

11 Mountain Laurel Road

Ayer, MA 01432
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,393 Ft²
$887,299
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Fantastic new construction home to be built. Established area of new homes with only 2 lots left for construction. 8 Rooms, 4 Bedrooms, 2 1/2 baths with a two car garage under or attached. Hardwood first floor. Generous allowances. Floor plan could be adjusted to fit your personal taste. Lot 17 is the first lot on the left and lot 15 is up the hill on the right. There are signs on each lot. Easy to show. Town water/sewer, natural gas heat and cooking. Close to routes 495 and 2. Commuter rail to North Station. Rail trail to NH. 60 Day delivery. Time to pick your exterior and interior colors.
Unit Size
2,393 Ft²
Days on Market
-
Land Size
1.98 acres
Price per sqft
$209
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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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 #71812168)

Price History

Date / Event Date Event Price
Aug 24, 2020 Sold
Premium
Sold
Dec 3, 2015 Sold
Premium
Sold
Apr 6, 2015 Listed by Keller Williams Realty North Central $499,900
Listed by Keller Williams Realty North Central
Jul 14, 2014 Sold
Premium
Sold
Mar 3, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,384
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,813
  • Total Building Area: 2,432
  • Building Area: 2,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001970
  • 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:023 B:0000 L:0061
  • Lot: 61
  • Municipality: AYER
  • Latitude: 42.5615
  • Longitude: -71.5429

    Address

  • Full Address: 11 Mountain Laurel Rd
  • Address - House Number: 11
  • Address - Street Name: Mountain Laurel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ayer
  • Carrier Code: C004
  • 4-Digit Zip Code: 5500
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $835,200

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 834,304
  • High Value: 963,325
  • Low Value: 705,283

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $672,500
  • Assessed Land Value: $219,600
  • Assessed Improvements Value: $452,900

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 144885
  • Previous Sale Recording Date: Sep 09, 2014
  • 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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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: 4 months ago
Data Source: MLS PIN, MLS# 71812168

Frequently Asked Questions

When was property at 11 Mountain Laurel Road built and last sold?
The property at 11 Mountain Laurel Road was built in 2015 and last sold on Aug 18, 2020 for $610,000.
How much is this home worth?
The estimated value of the home located at 11 Mountain Laurel Road is $533,455.
What are some comparable homes to 11 Mountain Laurel Road?
There are currently no comparable homes to 11 Mountain Laurel Road.
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