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Middlesex
360 Union
$260,500
● House - Off Market

360 Union

Ashland, MA 01721
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
1875

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #72706433)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by William Raveis R.E. & Home Services $474,000
Listed by William Raveis R.E. & Home Services
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

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1972
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 3,098
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,600
  • Gross Building Area: 13,590
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • 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:020.0 B:0215 L:0000.0
  • Block: 215
  • Municipality: ASHLAND
  • Latitude: 42.2557
  • Longitude: -71.4645

    Address

  • Full Address: 360 Union St
  • Address - House Number: 360
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ashland
  • Carrier Code: C007
  • 4-Digit Zip Code: 2155
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $758,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 597,854
  • High Value: 746,168
  • Low Value: 449,539

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $573,200
  • Assessed Land Value: $220,200
  • Assessed Improvements Value: $353,000

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 187224
  • Previous Sale Recording Date: Sep 11, 2020
  • Previous Sale Contract Date: Aug 18, 2020
  • Previous Sale Amount: $260,500
  • Previous Sale Document Type: O
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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 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: 5 months ago
Data Source: MLS PIN, MLS# 72706433

Frequently Asked Questions

When was property at 360 Union Street built and last sold?
The property at 360 Union Street was built in 1875 and last sold on Aug 20, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 360 Union Street is $490,191.
What are some comparable homes to 360 Union Street?
There are currently no comparable homes to 360 Union Street.
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