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Middlesex 01432
LOT 3 Wright Road
$189,500
● Land - Off Market

LOT 3 Wright Road

Ayer, MA 01432
bedrooms
Studio
bathrooms
0 Bath
$320,061
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

WOW 5.4 acre - THE LAST LOT LEFT w/water access to Sandy Pond in a BRAND NEW subdivision of four homes in a lovely cul-de-sac location. The three lots sold will host 4,500+/3,500+/3,200+ sq ft homes! This gorgeous lot has direct canal frontage that allows access into Sandy Pond. Bring your house plans or talk to builder/developer about a package. Water/Sewer & Electric already stubbed to front of the lot. There will be underground utilities, electric, public water & sewer and no association when completed. There is potential for additional land and beach right-of way: ask listing agent for more details.Road is paved and lots are flagged. Have listing agent walk lot with you! Fabulous opportunity - build NEW at Sandy Pond, Ayer.
Unit Size
-
Days on Market
-
Land Size
0.98 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1921

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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 years ago (MLSPIN #71981028)

Price History

Date / Event Date Event Price
Aug 12, 2016 Sold
Premium
Sold
Apr 1, 2016 Listed by William Raveis R.E. & Home Services $189,500
Listed by William Raveis R.E. & Home Services

Property Highlights

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1988
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,065
  • Building Area: 1,065
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,065
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: A2

Geography

  • Parcel: AYER M:015 B:0000 L:0034
  • Lot: 34
  • Municipality: AYER
  • Latitude: 42.5647
  • Longitude: -71.5541

    Address

  • Full Address: 3 Wright Way
  • Address - House Number: 3
  • Address - Street Name: Wright
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Ayer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1589
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,200

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 501,697
  • High Value: 595,269
  • Low Value: 408,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,100
  • Assessed Land Value: $175,200
  • Assessed Improvements Value: $155,900
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 years ago
Data Source: MLS PIN, MLS# 71981028

Frequently Asked Questions

When was property at 3 Wright Way built and last sold?
The property at 3 Wright Way was built in 1921 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Wright Way is $0.
What are some comparable homes to 3 Wright Way?
There are currently no comparable homes to 3 Wright Way.
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