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Middlesex 01432
240 Snake Hill Rd
$446,250
● House - Off Market

240 Snake Hill Rd

Ayer, MA 01432
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,064 Ft²
$496,311
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Come visit this 8 room, 4 bedroom 1.5 bath Raised Ranch with a 1 car garage under and a detached 2 car garage located in Ayer on a beautiful 1.3 acre wooded lot.  What a great opportunity to come renovate this home with your personal touches. Large year round attached porch and two fireplaces in the home.This home has so much potential in a town that new construction is up to 850,000.
Unit Size
2,064 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$230
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1964

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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 #73052947)

Price History

Date / Event Date Event Price
Feb 3, 2023 Sold
Premium
Sold
Nov 29, 2022 In contract -
In contract
Nov 18, 2022 Listed by Keller Williams Realty North Central $475,000
Listed by Keller Williams Realty North Central

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1988
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 1,728
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • 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: A1

Geography

  • Parcel: AYER M:014 B:0000 L:0006
  • Lot: 6
  • Municipality: AYER
  • Latitude: 42.565
  • Longitude: -71.5596

    Address

  • Full Address: 240 Snake Hill Rd
  • Address - House Number: 240
  • Address - Street Name: Snake Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ayer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1524
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $552,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 596,656
  • High Value: 705,529
  • Low Value: 487,783

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,900
  • Assessed Land Value: $178,300
  • Assessed Improvements Value: $266,600

    Sales

  • Current Sale Contract Date: Feb 02, 2023
  • Current Sale Recording Date: Feb 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12397
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: 4 months ago
Data Source: MLS PIN, MLS# 73052947

Frequently Asked Questions

When was property at 240 Snake Hill Road built and last sold?
The property at 240 Snake Hill Road was built in 1964 and last sold on Feb 2, 2023 for $446,250.
How much is this home worth?
The estimated value of the home located at 240 Snake Hill Road is $500,441.
What are some comparable homes to 240 Snake Hill Road?
There are currently no comparable homes to 240 Snake Hill Road.
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