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Middlesex 01432
122 Oak Ridge Dr
$475,000
● House - Off Market

122 Oak Ridge Dr

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,564 Ft²
$504,784
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Live in the popular Oak Ridge neighborhood across the street from Fletcher's with the town beach nearby. This 3 bedroom ranch home is located on a nicely landscaped level lot. The kitchen has tile floor and electric stove, refrigerator, dishwasher, and built in microwave. The kitchen cabinets are natural wood color. There is a large 18 foot carpeted living room. The master bedroom has hardwood flooring, and comes with its' on bathroom.  You will enjoy the 21 foot sunroom overlooking the back yard and wood deck. The backyard also has a storage shed. An additional bonus is a one car garage.
Unit Size
1,564 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$319
Property Type
House
Property Taxes
$387
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 #72967369)

Price History

Date / Event Date Event Price
Jun 15, 2022 Sold
Premium
Sold
Apr 16, 2022 Listed by MA Real Estate Center $499,000
Listed by MA Real Estate Center

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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,322
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,564
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,564
  • 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:0027
  • Lot: 27
  • Municipality: AYER
  • Latitude: 42.5589
  • Longitude: -71.5685

    Address

  • Full Address: 122 Oak Ridge Dr
  • Address - House Number: 122
  • 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: $479,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 521,260
  • High Value: 617,856
  • Low Value: 424,665

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,800
  • Assessed Land Value: $161,800
  • Assessed Improvements Value: $224,000

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90115
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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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# 72967369

Frequently Asked Questions

When was property at 122 Oak Ridge Drive built and last sold?
The property at 122 Oak Ridge Drive was built in 1966 and last sold on Jun 15, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 122 Oak Ridge Drive is $513,145.
What are some comparable homes to 122 Oak Ridge Drive?
There are currently no comparable homes to 122 Oak Ridge Drive.
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