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Middlesex
2 Prospect St.
$305,000
● House - Off Market

2 Prospect St.

Ashland, MA 01721
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,497 Ft²
$603,031
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Well cared for home. The Dutch door, built in cabinet with drawers, pantry, and custom built corner hutch add old charm and character to this lovely home that sits on just under an acre of beautiful grounds with numerous perennials. 3 bedrooms, 1-1/2 baths, wood stove with copper hood in large eat-in kitchen with maple cabinets, and a lovely 3-season enclosed farmers' wrap-a-around porch.  Enjoy entertaining family and friends in the dining room, or relax in the good size living room or huge porch.  Roof - 2006, Boiler - 2003, Water Heater - 2010. Most windows replaced in living area, mud room with tile floor and closet, detached garage with electricity and attached shed. Close to public transportation, shopping, highway access, t-station, park and more.
Unit Size
1,497 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$227
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1945

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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 #71887999)

Price History

Date / Event Date Event Price
Nov 19, 2015 Sold
Premium
Sold
Aug 12, 2015 Listed by Realty Executives Boston West $339,900
Listed by Realty Executives Boston West

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1973
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 1,816
  • Building Area: 1,816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashland School District
  • School Tax School District: ASHLAND SD
  • Census Tract: 385204

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:020.0 B:0072 L:0000.0
  • Block: 72
  • Municipality: ASHLAND
  • Latitude: 42.2493
  • Longitude: -71.4535

    Address

  • Full Address: 2 Prospect St
  • Address - House Number: 2
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ashland
  • Carrier Code: C011
  • 4-Digit Zip Code: 2234
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $721,800

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 620,469
  • High Value: 735,772
  • Low Value: 505,166

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $545,200
  • Assessed Land Value: $256,400
  • Assessed Improvements Value: $288,800

    Sales

  • Current Sale Recording Date: Nov 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 196885
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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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# 71887999

Frequently Asked Questions

When was property at 2 Prospect Street built and last sold?
The property at 2 Prospect Street was built in 1945 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 2 Prospect Street is $358,489.
What are some comparable homes to 2 Prospect Street?
There are currently no comparable homes to 2 Prospect Street.
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