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Middlesex 01432
111 Oak Ridge Drive
$302,000
● House - Off Market

111 Oak Ridge Drive

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,731 Ft²
$584,350
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Bring your boat and fishing pole to this ranch located on Flanagan pond. This 3 bedroom, 1 bath home is located quiet family neighborhood with beautiful views to be enjoyed all year around.When outside enjoy the beautifully done patio in the backyard or sit out on the dock and relax.When inside the home hang out with family and friends in the cathedral ceiling family room or bring it downstairs to a 36 x 10 recreation room in the lower level.
Unit Size
1,731 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$179
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1966

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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 #70665204)

Price History

Date / Event Date Event Price
Jul 29, 2008 Sold
Premium
Sold
Oct 16, 2007 Listed by Keller Williams Realty North Central $309,000
Listed by Keller Williams Realty North Central
May 19, 2006 Sold
Premium
Sold
Mar 13, 2006 Listed by Keller Williams Realty North Central $329,900
Listed by Keller Williams Realty North Central

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1988
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 1,256
  • Building Area: 1,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,256
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • 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: A2

Geography

  • Parcel: AYER M:028 B:0000 L:0039
  • Lot: 39
  • Municipality: AYER
  • Latitude: 42.5585
  • Longitude: -71.5706

    Address

  • Full Address: 111 Oak Ridge Dr
  • Address - House Number: 111
  • Address - Street Name: Oak Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ayer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1439
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $527,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 552,351
  • High Value: 654,707
  • Low Value: 449,994

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,500
  • Assessed Land Value: $171,700
  • Assessed Improvements Value: $252,800

    Sales

  • Current Sale Recording Date: Jul 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00124655
  • Previous Sale Recording Date: May 19, 2006
  • Previous Sale Amount: $319,900
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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# 70665204

Frequently Asked Questions

When was property at 111 Oak Ridge Drive built and last sold?
The property at 111 Oak Ridge Drive was built in 1966 and last sold on Jan 1, 1970 for $302,000.
How much is this home worth?
The estimated value of the home located at 111 Oak Ridge Drive is $341,678.
What are some comparable homes to 111 Oak Ridge Drive?
There are currently no comparable homes to 111 Oak Ridge Drive.
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