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Middlesex 01432
16 Groton School Rd
$360,000
● House - Off Market

16 Groton School Rd

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$524,534
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

**As seen in Boston Magazine's Open Houses 11/20**  Charm abounds in this extensively renovated 3+ bdrm, 1.5 bath home. There really is nothing left to do but move in! New Kitchen with stainless appliances and center island. New full and half bath. New Roof, Windows, Siding, Electrical, Plumbing & Heating System. New Deck overlooking the large private yard. Completely insulated with closed-cell foam to keep you cozy. Rebuilt from the studs out by a reputable local builder. Come see it today!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$200
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1880

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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 #72592292)

Price History

Date / Event Date Event Price
Jan 17, 2020 Sold
Premium
Sold
Nov 14, 2019 Listed by Keller Williams Realty $360,000
Listed by Keller Williams Realty
Oct 22, 2018 Sold
Premium
Sold
Sep 18, 2018 Listed by Keller Williams Realty $145,000
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1988
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • 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: 834
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 1,586
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • 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:012 B:0000 L:0009
  • Lot: 9
  • Municipality: AYER
  • Latitude: 42.5705
  • Longitude: -71.593

    Address

  • Full Address: 16 Groton School Rd
  • Address - House Number: 16
  • Address - Street Name: Groton School
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ayer
  • Carrier Code: C002
  • 4-Digit Zip Code: 1008
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $489,800

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 554,403
  • High Value: 691,167
  • Low Value: 417,638

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,400
  • Assessed Land Value: $145,600
  • Assessed Improvements Value: $248,800

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Jan 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8218
  • Previous Sale Recording Date: Oct 22, 2018
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: O
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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# 72592292

Frequently Asked Questions

When was property at 16 Groton School Road built and last sold?
The property at 16 Groton School Road was built in 1880 and last sold on Dec 20, 2019 for $360,000.
How much is this home worth?
The estimated value of the home located at 16 Groton School Road is $379,421.
What are some comparable homes to 16 Groton School Road?
There are currently no comparable homes to 16 Groton School Road.
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