Middlesex
278 Trailside Way #278
$478,000
●
Condo -
Off Market
278 Trailside Way #278
Ashland, MA 01721
2 Beds
2 Baths
1,224 Ft²
$2,861
Est. Monthly
$242
HOA / Fees
5.06%
Cap Rate
About This Property
Nestled in the desirable Spyglass Hill area this charming
2-bedroom, 2-bathroom townhouse offers both comfort and convenience
amidst lush, mature landscaping. This spacious unit features
cathedral ceilings in the living room, dining area, and both
bedrooms. Updates include freshly painted interior and new
carpeting throughout. The kitchen boasts ample cabinetry and a
brand new electric stove, along with a convenient passthrough open
to the dining area perfect for serving and entertaining. Additional
highlights include young electric hot water tank (2023), central
heat (2016) and A/C, stackable washer/dryer hookup, garbage
disposal. The main bedroom offers a full bathroom and a walk-in
closet. Enjoy a private covered deck to the outdoors from three
different sets of sliders located in the main bedroom, living room,
and dining area. Detached tandem garage equipped with a new motor,
track, and keypad. Located in a prime location this home is ready
for you to move right in!
Unit Size
1,224 Ft²
Days on Market
-
Land Size
-
Price per sqft
$368
Property Type
Condo
Property Taxes
$409
HOA Dues
$242
Year Built
1984
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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: 3 years ago (MLSPIN #73297922)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Moor Realty Group | $450,000 | |
| Listed by Moor Realty Group | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Interior Details
Level: Main
Features: Flooring - Vinyl, Stainless Steel Appliances
Features: Cathedral Ceiling(s), Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Open Floorplan, Slider, Lighting - Pendant
Features: Bathroom - Full, Bathroom - With Tub & Shower, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Flooring - Vinyl, Attic Access
Features: Cathedral Ceiling(s), Closet, Flooring - Wall to Wall Carpet
Features: Bathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Attic Access, Exterior Access, Slider
Level: Main
Level: Main
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Open Floorplan, Slider
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Range Hood
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: In Unit, Washer Hookup
Rooms: 5
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Deeded, Tandem, Paved
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: Screens
Construction Materials: Frame
Patio and Porch Features: Deck - Wood, Covered
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:030.0 B:0003 L:0200.3, 3297518
Water Source: Public
Financial Details
Tax Assessed Value: $370,900
Tax Annual Amount: $4,911
Utilities Details
Utilities: for Electric Oven, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $242
Community Features: Shopping
Pets Allowed: Yes
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 |
|---|---|---|---|---|---|---|---|
|
10/02/2024
|
2 Bed
|
2 Bath
|
1224 ft²
|
$450,000
2 Bed
2 Bath
1224 ft²
|
$478,000
+6.22%
11/07/2024
|
Elizabeth Bain
Commonwealth Standard Realty Advisors
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017