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Ayer 01432
118 W Main St
$205,000
● House - Off Market

118 W Main St

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,496 Ft²
$333,448
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

This 3 bedroom home was completely renovated when current owner purchased in 2012.   Local to downtown, commuter rail, rail trail and all the eateries that are offered in the downtown area.  The private driveway is located off of Shirley Street for easy access to the rear fenced yard and the kitchen entry.    All newer windows, doors with heating system that will make for a warm and cozy home as winter moves towards us.  Is this your new family home ?  Schedule your tour today.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$146
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1880

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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: 5 months ago (MLSPIN #72262873)

Price History

Date / Event Date Event Price
May 25, 2018 Sold
Premium
Sold
Dec 9, 2017 Listed by RE/MAX Partners $219,000
Listed by RE/MAX Partners
Feb 29, 2012 Sold
Premium
Sold
Dec 22, 2011 Listed by RE/MAX Partners $89,900
Listed by RE/MAX Partners

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1988
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 898
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,434
  • Gross Building Area: 4,164
  • Building Area: 1,434
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,434
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000090
  • 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: 325102

Zoning

  • Zoning: GR

Geography

  • Parcel: AYER M:025 B:0000 L:0015
  • Lot: 15
  • Municipality: AYER
  • Latitude: 42.5594
  • Longitude: -71.5979

    Address

  • Full Address: 118 W Main St
  • Address - House Number: 118
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ayer
  • Carrier Code: C002
  • 4-Digit Zip Code: 1213
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $354,000

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 246,733
  • High Value: 304,706
  • Low Value: 188,759

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,000
  • Assessed Land Value: $94,300
  • Assessed Improvements Value: $190,700

    Sales

  • Current Sale Recording Date: May 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73922
  • Previous Sale Recording Date: Feb 29, 2012
  • Previous Sale Amount: $89,900
  • Previous Sale Document Type: 33
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 Ayer

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$326

Below Asking

0.02%

Average Days on Market

49

Average Home Size

2117 ft²

Average Home Age

53.2 years

Currently For Sale

13 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: 5 months ago
Data Source: MLS PIN, MLS# 72262873

Frequently Asked Questions

When was property at 118 West Main Street built and last sold?
The property at 118 West Main Street was built in 1880 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 118 West Main Street is $230,928.
What are some comparable homes to 118 West Main Street?
There are currently no comparable homes to 118 West Main Street.
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