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Middlesex
151 Erickson Rd
$22,500
● Land - Off Market

151 Erickson Rd

Ashby, MA 01431
bedrooms
Studio
bathrooms
0 Bath
$40,136
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Lovely lot with septic installed years ago; never used.  There is an old cottage on the property with a 28X28 footprint that needs total rehab or removal. Stream crossing done.  Great location near conservation land, hiking trails, yet handy to main road.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$92
HOA Dues
-
Year Built
1948

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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: 4 months ago (MLSPIN #72138856)

Price History

Date / Event Date Event Price
Jun 13, 2017 Sold
Premium
Sold
Mar 31, 2017 Listed by Charron Real Estate & Associates $25,000
Listed by Charron Real Estate & Associates

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 5
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 620
  • Building Area: 620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 620
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 300100

Zoning

  • Zoning: RA

Geography

  • District: 12
  • Parcel: ASHB M:008.0 B:0013 L:0000.0
  • Block: 13
  • Municipality: ASHBY
  • Latitude: 42.681
  • Longitude: -71.8409

    Address

  • Full Address: 151 Erickson Rd
  • Address - House Number: 151
  • Address - Street Name: Erickson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ashby
  • Carrier Code: R001
  • 4-Digit Zip Code: 2233
  • Zip Code: 01431

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $121,100

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 30,141
  • High Value: 34,807
  • Low Value: 25,474

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $78,000
  • Assessed Land Value: $65,300
  • Assessed Improvements Value: $12,700

    Sales

  • Current Sale Recording Date: Jun 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 88659
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

2681 ft²

Average Home Age

62.4 years

Currently For Sale

3251 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: 4 months ago
Data Source: MLS PIN, MLS# 72138856

Frequently Asked Questions

When was property at 151 Erickson Road built and last sold?
The property at 151 Erickson Road was built in 1948 and last sold on Jan 1, 1970 for $22,500.
How much is this home worth?
The estimated value of the home located at 151 Erickson Road is $25,250.
What are some comparable homes to 151 Erickson Road?
There are currently no comparable homes to 151 Erickson Road.
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