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Middlesex 01432
23 Pine Ridge Drive
$346,000
● House - Off Market

23 Pine Ridge Drive

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,012 Ft²
$445,163
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

This 3 bedroom and 1 bathroom ranch style home is nestled in a sought after neighborhood in Ayer within walking distance to Sandy Pond and conservation trails.  The sun filled living room features a wood burning fireplace.  Walk onto an expansive deck off the eat-in kitchen to relax in the peaceful backyard.  The lower level has finished space for living, home office, and more.   Close to major highways, commuter railway, shopping and great restaurants. Town water & sewer.
Unit Size
1,012 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$321
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1968

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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 #72688659)

Price History

Date / Event Date Event Price
Aug 18, 2020 Sold
Premium
Sold
Jul 9, 2020 Listed by Coldwell Banker Realty - Westford $324,999
Listed by Coldwell Banker Realty - Westford
Oct 17, 2008 Sold
Premium
Sold
May 2, 2008 Listed by Coldwell Banker Realty - Westford $285,995
Listed by Coldwell Banker Realty - Westford
May 31, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1988
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,012
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,012
  • Building Area: 1,012
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,012
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 325101

Zoning

  • Zoning: A2

Geography

  • Parcel: AYER M:028 B:0000 L:0023
  • Lot: 23
  • Municipality: AYER
  • Latitude: 42.5593
  • Longitude: -71.5679

    Address

  • Full Address: 23 Pine Ridge Dr
  • Address - House Number: 23
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ayer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1417
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,400

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 431,575
  • High Value: 514,098
  • Low Value: 349,053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,800
  • Assessed Land Value: $161,800
  • Assessed Improvements Value: $167,000

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 140602
  • Previous Sale Recording Date: Oct 17, 2008
  • Previous Sale Amount: $274,000
  • Previous Sale Document Type: 27
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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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# 72688659

Frequently Asked Questions

When was property at 23 Pine Ridge Drive built and last sold?
The property at 23 Pine Ridge Drive was built in 1968 and last sold on Aug 18, 2020 for $346,000.
How much is this home worth?
The estimated value of the home located at 23 Pine Ridge Drive is $329,866.
What are some comparable homes to 23 Pine Ridge Drive?
There are currently no comparable homes to 23 Pine Ridge Drive.
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