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Middlesex 01432
120 Oak Ridge Drive
$175,000
● House - Off Market

120 Oak Ridge Drive

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$605,496
RealtyHop Estimate
210.67%
Since Jan 1, 2000
National-US
Primary Model

About This Property

REFURBISHED 3 BEDROOM RANCH IN FAM NGHD.NICE LOT NEAR TOWN BEACH AND HOSPITAL.HOME INCLUDES HDWD FLOORS, FORMAL DIN RM, A/C UNIT, FIREPLACE IN LIV RM,PARTIALLY FIN BSMT, AND HEATED ONE CAR ATT GARAGE. MOVE IN CONDITION! AVAILABLE IMMEDIATELY
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$193
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1965

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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 years ago (MLSPIN #30370584)

Price History

Date / Event Date Event Price
Feb 1, 2002 Sold
Premium
Sold
Nov 11, 2001 Listed by Westford Real Estate, Inc. $249,900
Listed by Westford Real Estate, Inc.
Dec 31, 1999 Sold
Premium
Sold
Nov 20, 1999 Listed by Westford Real Estate, Inc. $194,900
Listed by Westford Real Estate, Inc.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1988
  • Total Rooms: 6
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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:0026
  • Lot: 26
  • Municipality: AYER
  • Latitude: 42.5589
  • Longitude: -71.5689

    Address

  • Full Address: 120 Oak Ridge Dr
  • Address - House Number: 120
  • Address - Street Name: Oak Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ayer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1414
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,300

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 480,608
  • High Value: 569,670
  • Low Value: 391,546

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,400
  • Assessed Land Value: $161,700
  • Assessed Improvements Value: $201,700

    Sales

  • Current Sale Recording Date: Feb 01, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1768
  • Previous Sale Recording Date: Dec 31, 1999
  • Previous Sale Amount: $175,000
  • 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:

$815,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2690 ft²

Average Home Age

64.9 years

Currently For Sale

3210 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: 4 years ago
Data Source: MLS PIN, MLS# 30370584

Frequently Asked Questions

When was property at 120 Oak Ridge Drive built and last sold?
The property at 120 Oak Ridge Drive was built in 1965 and last sold on Jan 1, 1970 for $237,500.
How much is this home worth?
The estimated value of the home located at 120 Oak Ridge Drive is $0.
What are some comparable homes to 120 Oak Ridge Drive?
There are currently no comparable homes to 120 Oak Ridge Drive.
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