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Middlesex
3 New Castle Rd
$635,000
● House - Off Market

3 New Castle Rd

Ashland, MA 01721
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,126 Ft²
$924,232
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Welcome to one of Ashland's most sought after neighborhoods! Lovely 9 room, 4 bedroom Colonial with a finished lower level with new carpet. Recent upgrades include a newer Roof; HVAC; Windows; hot water heater; exterior Paint, Trim and Gutters. The Kitchen, Dining area and Family Room are an open concept with Granite Counters and a Breakfast Bar. The large, level backyard has an over-sized, multi-level Composite Deck. Expand your interior living to the outside with a built-in BBQ & Bar with flat screen TV connection & access to a Sports Court  & fire pit. Efficient Natural Gas Heat. Top rated schools and easy access to the Commuter Rail, Mass Pike/Rte 9, downtown Restaurants & Ashland State Park. Showings begin Saturday (2/8) & Sunday (2/9) from 1:00-3:00pm.
Unit Size
3,126 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$208
Property Type
House
Property Taxes
$683
HOA Dues
-
Year Built
1986

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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: 6 months ago (MLSPIN #72616891)

Price History

Date / Event Date Event Price
Apr 14, 2020 Sold
Premium
Sold
Feb 7, 2020 Listed by Coldwell Banker Residential Brokerage - Natick $650,000
Listed by Coldwell Banker Residential Brokerage - Natick
May 23, 1994 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1991
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 2,376
  • Building Area: 2,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,376
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashland School District
  • School Tax School District: ASHLAND SD
  • Census Tract: 385201

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:024.0 B:0018 L:0000.0
  • Block: 18
  • Municipality: ASHLAND
  • Latitude: 42.2452
  • Longitude: -71.4527

    Address

  • Full Address: 3 New Castle Rd
  • Address - House Number: 3
  • Address - Street Name: New Castle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ashland
  • Carrier Code: C011
  • 4-Digit Zip Code: 2248
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,032,200

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 853,023
  • High Value: 1,002,726
  • Low Value: 703,320

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $779,600
  • Assessed Land Value: $277,700
  • Assessed Improvements Value: $501,900

    Sales

  • Current Sale Contract Date: Apr 08, 2020
  • Current Sale Recording Date: Apr 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55017
  • Previous Sale Recording Date: May 23, 1994
  • Previous Sale Amount: $243,000
  • 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:

$824,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72616891

Frequently Asked Questions

When was property at 3 New Castle Road built and last sold?
The property at 3 New Castle Road was built in 1986 and last sold on Apr 8, 2020 for $635,000.
How much is this home worth?
The estimated value of the home located at 3 New Castle Road is $691,960.
What are some comparable homes to 3 New Castle Road?
There are currently no comparable homes to 3 New Castle Road.
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