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Middlesex
40 Orchard Rd
$620,000
● House - Off Market

40 Orchard Rd

Ashland, MA 01721
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,814 Ft²
$1,033,951
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

WELCOME HOME TO 40 ORCHARD ROAD IN DESIREABLE APLLE RIDGE NEIGHBORHOOD ON CORNER LOT. FEATURES INCLUDE FRONT TO BACK LIVING ROOM WITH FIREPLACE AND CATHEDRAL CEILINGS, FORMAL DINING ROOM, OFFICE, NEW STAINLESS STEEL APPLIANCES, FRONT TO BACK MASTER BEDROOM WITH WALK IN CLOSET AND MASTER BATH WITH JETTED TUB, DUAL SINKS AND VAULTED CEILING. PROPERTY HAS NEW CARPETING, APPLIANCES AND IS FRESHLY PAINTED.  THIS IS A FANNIE MAE HOMEPATH PROPERTY. ###Multiple Offer Deadline – Apr 04, 2017, 02:39:00 PM (EDT)###
Unit Size
2,814 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$227
Property Type
House
Property Taxes
$791
HOA Dues
-
Year Built
2000

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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 #72085636)

Price History

Date / Event Date Event Price
May 31, 2017 Sold
Premium
Sold
Oct 25, 2016 Listed by RE/MAX One Call Realty $639,900
Listed by RE/MAX One Call Realty
Nov 9, 2015 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2009
  • Total Rooms: 8
  • 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: 19
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 2,814
  • Building Area: 2,814
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,814
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • 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: 385101

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:019.0 B:0170 L:0000.0
  • Block: 170
  • Municipality: ASHLAND
  • Latitude: 42.2501
  • Longitude: -71.4839

    Address

  • Full Address: 40 Orchard Rd
  • Address - House Number: 40
  • Address - Street Name: Orchard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ashland
  • Carrier Code: C006
  • 4-Digit Zip Code: 1466
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,190,300

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,015,075
  • High Value: 1,193,218
  • Low Value: 836,933

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $899,000
  • Assessed Land Value: $312,000
  • Assessed Improvements Value: $587,000

    Sales

  • Current Sale Recording Date: May 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81213
  • Previous Sale Recording Date: Nov 09, 2015
  • Previous Sale Amount: $456,834
  • Previous Sale Document Type: 34
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65 years

Currently For Sale

3272 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: 5 months ago
Data Source: MLS PIN, MLS# 72085636

Frequently Asked Questions

When was property at 40 Orchard Road built and last sold?
The property at 40 Orchard Road was built in 2000 and last sold on Jan 1, 1970 for $620,000.
How much is this home worth?
The estimated value of the home located at 40 Orchard Road is $675,284.
What are some comparable homes to 40 Orchard Road?
There are currently no comparable homes to 40 Orchard Road.
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