Middlesex
259 Trailside Way #259
$505,000
●
Condo -
Off Market
259 Trailside Way #259
Ashland, MA 01721
2 Beds
2 Baths
1,260 Ft²
$3,021
Est. Monthly
$242
HOA / Fees
5.34%
Cap Rate
About This Property
The open floor plan of this beautifully renovated corner unit condo
with open floor plan offers a seamless flow between spaces,
creating a sense of expansiveness and sophistication. As you enter,
the wide staircase leads you to the living area with an airy
atmosphere, characterized by the cathedral ceiling and natural
light. The kitchen open to the living space, boasts modern
appliances, marble countertops, gorgeous 10 ft black leather
granite island and contemporary lighting making it ideal for both
cooking and entertaining. Adjacent to the dining area is an
exterior deck providing a relaxing outdoor space. The bathrooms
have been thoughtfully renovated with sleek fixtures, marble
flooring & the inclusion of smart mirrors integrating touchscreen
controls, and Bluetooth connectivity.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
-
Price per sqft
$383
Property Type
Condo
Property Taxes
$412
HOA Dues
$242
Year Built
1984
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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: 3 years ago (MLSPIN #73203616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 19, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $482,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Interior Details
Level: Second
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Lighting - Pendant
Level: Second
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Marble, Countertops - Stone/Granite/Solid, Lighting - Overhead
Level: Second
Features: Bathroom - Full, Cathedral Ceiling(s), Closet, Flooring - Hardwood
Features: Flooring - Hardwood, Deck - Exterior, Lighting - Overhead
Level: Second
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Lighting - Overhead
Level: Second
Features: Bathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Marble
Level: Second
Level: Second
Features: Cathedral Ceiling(s), Flooring - Hardwood
Full Bathrooms: 2
Interior Features: High Speed Internet
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Marble, Hardwood
Laundry Features: Second Floor, Washer Hookup
Rooms: 5
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Spyglass Hill
Structure Type: Townhouse
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: 3297464
Water Source: Public
Financial Details
Tax Assessed Value: $373,000
Tax Annual Amount: $4,939
Utilities Details
Utilities: for Electric Oven, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $242
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/19/2024
|
2 Bed
|
2 Bath
|
1260 ft²
|
$482,000
2 Bed
2 Bath
1260 ft²
|
$505,000
+4.77%
04/04/2024
|
Lisa Paulette
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
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