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Middlesex 01432
24 Groton School Road
$185,000
● House - Off Market

24 Groton School Road

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
880 Ft²
$255,375
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

LOCATION LOCATION LOCATION! This adorable ranch is a commuters dream! Minutes from route 2, 495 and the commuter rail. So much potential for this home located in a great area! Investors/Flippers and Buyers with rehab loans, don't let this one get away. Big tickets items have been done! New roof in 2019, Boiler in 2021! The home has central air for those hot summer days. The partially finished basement is just waiting to be totally finished for the family. The basement has 2 walkouts which add great potential. Great back yard for family get togethers. Come put your finishing touches on this home and make it yours! Call today to schedule your showing.
Unit Size
880 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$239
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 years ago (MLSPIN #72802949)

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold
Premium
Sold
Jul 1, 2021 Listed by Son Rise Real Estate, Inc. $349,900
Listed by Son Rise Real Estate, Inc.
Apr 9, 2021 Sold
Premium
Sold
Mar 24, 2021 Listed by Son Rise Real Estate, Inc. $210,000
Listed by Son Rise Real Estate, Inc.

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1988
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 880
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 880
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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:012 B:0000 L:0005
  • Lot: 5
  • Municipality: AYER
  • Latitude: 42.5714
  • Longitude: -71.5932

    Address

  • Full Address: 24 Groton School Rd
  • Address - House Number: 24
  • Address - Street Name: Groton School
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ayer
  • Carrier Code: C002
  • 4-Digit Zip Code: 1000
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 445,606
  • High Value: 530,812
  • Low Value: 360,401

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,400
  • Assessed Land Value: $162,500
  • Assessed Improvements Value: $197,900

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 205599
  • Previous Sale Recording Date: Apr 09, 2021
  • Previous Sale Contract Date: Apr 08, 2021
  • Previous Sale Amount: $185,000
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 5 years ago
Data Source: MLS PIN, MLS# 72802949

Frequently Asked Questions

When was property at 24 Groton School Road built and last sold?
The property at 24 Groton School Road was built in 1958 and last sold on Sep 15, 2021 for $340,000.
How much is this home worth?
The estimated value of the home located at 24 Groton School Road is $368,833.
What are some comparable homes to 24 Groton School Road?
There are currently no comparable homes to 24 Groton School Road.
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