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Middlesex
397 Main St
$379,900
● House - Off Market

397 Main St

Ashby, MA 01431
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,876 Ft²
$526,750
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Lovely Shaker Cape East of the Center.  This well thought out and meticulously cared for home comes with a new three-bedroom septic system, professionally landscaped yard and several unfinished spaces ready for your ideas.  The backyard features an in-ground pool, pool house and gazebo. A real treat on hot summer days.  The pool house is outfitted with mechanicals, sauna, restroom and refrigerator.  There is a small barn with a drive-in door and carport work areas.  A pond that draws you in and additional land just add to the many bonus features this property delivers.  Everywhere you turn you see purpose, function and flow from the entry fireside sitting room to the first-floor master bedroom to the second-floor attic assess for easy storage.  It's not just a house... it's a way of living... it's home.
Unit Size
1,876 Ft²
Days on Market
-
Land Size
8.20 acres
Price per sqft
$203
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1975

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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: 4 months ago (MLSPIN #72663586)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Aug 10, 2021 Listed by K&G Realty Services, LLC $413,000
Listed by K&G Realty Services, LLC
Jul 1, 2020 Sold
Premium
Sold
May 28, 2020 Listed by K&G Realty Services, LLC $379,900
Listed by K&G Realty Services, LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 1,174
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 357,061
  • Total Building Area: 1,876
  • Gross Building Area: 3,050
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008197
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 300100

Zoning

  • Zoning: R

Geography

  • District: 12
  • Parcel: ASHB M:010.0 B:0085 L:0001.0
  • Block: 85
  • Lot: 1.0
  • Municipality: ASHBY
  • Latitude: 42.6702
  • Longitude: -71.8084

    Address

  • Full Address: 397 Main St
  • Address - House Number: 397
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ashby
  • Carrier Code: R001
  • 4-Digit Zip Code: 2306
  • Zip Code: 01431

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $759,400

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 508,261
  • High Value: 596,839
  • Low Value: 419,682

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,000
  • Assessed Land Value: $83,900
  • Assessed Improvements Value: $405,100

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 223019
  • Previous Sale Recording Date: Jul 01, 2020
  • Previous Sale Contract Date: Jul 01, 2020
  • Previous Sale Amount: $379,900
  • 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:

$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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72663586

Frequently Asked Questions

When was property at 397 Main Street built and last sold?
The property at 397 Main Street was built in 1975 and last sold on Sep 10, 2021 for $430,000.
How much is this home worth?
The estimated value of the home located at 397 Main Street is $439,434.
What are some comparable homes to 397 Main Street?
There are currently no comparable homes to 397 Main Street.
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