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Ayer 01432
22 Groton Harvard Rd
$240,000
● House - Off Market

22 Groton Harvard Rd

Ayer, MA 01432
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,833 Ft²
$401,362
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

A bit of sweat would build instant equity in this very spacious home with beautiful hardwood floors in most rooms.  Home has changed uses over the years(from 1 to 2 to 1 family home) and currently has a large two bedroom, one new bath, large eat-in kitchen and living room on the first floor and three large bedrooms and bath on the second floor that have not been occupied for some time and could use some cosmetic (paint and floor refinish and some work in bath) updating.  The property has a large two car detached garage and spacious gardens in the rear of the home.  Would not take much effort or expense to make this home quite the gem.
Unit Size
1,833 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$136
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1920

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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 #72155899)

Price History

Date / Event Date Event Price
Jun 26, 2017 Sold
Premium
Sold
May 1, 2017 Listed by Team Realty $250,000
Listed by Team Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1988
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 876
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,833
  • Gross Building Area: 3,024
  • Building Area: 1,833
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,833
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • 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: A2

Geography

  • Parcel: AYER M:027 B:0000 L:0061
  • Lot: 61
  • Municipality: AYER
  • Latitude: 42.5583
  • Longitude: -71.5772

    Address

  • Full Address: 22 Groton Harvard Rd
  • Address - House Number: 22
  • Address - Street Name: Groton Harvard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ayer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1408
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $433,700

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 477,020
  • High Value: 568,233
  • Low Value: 385,808

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,200
  • Assessed Land Value: $169,200
  • Assessed Improvements Value: $180,000

    Sales

  • Current Sale Recording Date: Jun 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97614
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 Ayer

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$310

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2128 ft²

Average Home Age

55.2 years

Currently For Sale

5 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# 72155899

Frequently Asked Questions

When was property at 22 Groton Harvard Road built and last sold?
The property at 22 Groton Harvard Road was built in 1920 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 22 Groton Harvard Road is $251,838.
What are some comparable homes to 22 Groton Harvard Road?
There are currently no comparable homes to 22 Groton Harvard Road.
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