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$260,500
● House - Off Market

360 Union

Ashland, MA
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,140 Ft²
$324,431
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Great potential at this price, $46,000 below assessed value on .34 acres in the heart of downtown.  Possibility to buy rehab and move in, or a great project for investors to fix and rent or build.  2 miles from the Hopkinton line and a short walk to downtown Ashland. Close to the T-station, restaurants and town hall. The lot is 14,810 square feet. Lots of possibilities! Being sold "As is". Buyers to do their own due diligence with the town for possible uses.
Unit Size
1,140 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$211
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
-

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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 #72706433)

Price History

Date / Event Date Event Price
Sep 11, 2020 Sold
Premium
Sold
Aug 8, 2020 Listed by William Raveis R.E. & Home Services $240,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Interior Details
Level: First
Level: Second
Level: Second
Level: Second
Level: First
Level: Second
Level: Second
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Refrigerator, Washer, Oil Water Heater
Flooring Type: Carpet
Laundry Features: First Floor
Rooms: 8
Basement: Full, Interior Entry, Bulkhead
Parking Details
Parking Features: Off Street
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Features: Wooded
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Zoning: NC
Parcel Number: 3294043
Water Source: Public
Financial Details
Tax Assessed Value: $286,000
Tax Annual Amount: $4,623
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Oil
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72706433
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