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Middlesex
224 Oregon Rd
$660,000
● House - Off Market

224 Oregon Rd

Ashland, MA 01721
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,632 Ft²
$622,129
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Charming colonial home situated on a beautiful acre + lot located off a quiet country road.   The main living level has a warm feel from the moment you walk in the front door.  Enjoy the connected flow between the kitchen, family room, and living room.  The family room features a wood burning fireplace.  Hardwood floors throughout the entire home, stainless steel appliances and granite countertops in a light filled kitchen. Four generous sized bedrooms, full bath and a walk in closet at the top of the stairs completes the second floor.  Unfinished basement with lots of potential.  Oversized shed has ample storage and is wired for lighting and electrical outlets.  Conveniently located near train station, highway and shopping.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$377
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1970

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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 #72960177)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
Mar 31, 2022 Listed by Gibson Sotheby's International Realty $615,000
Listed by Gibson Sotheby's International Realty
Aug 26, 2015 Sold
Premium
Sold
Jun 24, 2015 Listed by Gibson Sotheby's International Realty $409,900
Listed by Gibson Sotheby's International Realty
Jul 31, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1994
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001160
  • 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: 385102

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:003.0 B:0013 L:0000.0
  • Block: 13
  • Municipality: ASHLAND
  • Latitude: 42.2816
  • Longitude: -71.5004

    Address

  • Full Address: 224 Oregon Rd
  • Address - House Number: 224
  • Address - Street Name: Oregon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ashland
  • Carrier Code: C013
  • 4-Digit Zip Code: 1054
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $737,700

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 685,371
  • High Value: 805,770
  • Low Value: 564,971

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,200
  • Assessed Land Value: $273,100
  • Assessed Improvements Value: $284,100

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92119
  • Previous Sale Recording Date: Aug 26, 2015
  • Previous Sale Amount: $411,500
  • 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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 72960177

Frequently Asked Questions

When was property at 224 Oregon Road built and last sold?
The property at 224 Oregon Road was built in 1970 and last sold on Jun 17, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 224 Oregon Road is $615,449.
What are some comparable homes to 224 Oregon Road?
There are currently no comparable homes to 224 Oregon Road.
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