$700,000
●
House -
Off Market
401 Old Ayer Rd
Groton, MA 01450
6 Beds
4 Baths
4,636 Ft²
$4,507
Est. Monthly
About This Property
This stately 1790 Federal style home has been owned by the same
family for the past 55 years. Bring your ideas and TLC to this
property with endless possibilities. The 3 bay garage on the back
of the house includes a horse stall. With 3 acres and a spring fed
pond, this could once again be an equestrian property. The town has
this home listed as a 2-family residence. It currently has a
separate heating system and hot water tank for the second floor
apartment. You can live in the larger home and rent out the second
floor apartment or easily convert it to make it one large 4,600 sf
estate. Most of the rooms in this house are quite large and
there are 5 fireplaces and 4 full bathrooms. Roof 2017. The
property offers a multitude of options and the location is stellar.
It is close to trails for walking, conservation land, the stunning
Groton Hill Music Center, and has easy access to both downtown
Groton and downtown Ayer. Both offer thriving communities.
Unit Size
4,636 Ft²
Days on Market
-
Land Size
3.07 acres
Price per sqft
$151
Property Type
House
Property Taxes
$1,069
HOA Dues
-
Year Built
1790
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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 months ago (MLSPIN #73300429)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Nov 2, 2024 | Listed by MRM Associates | $700,000 | |
| Listed by MRM Associates | |||
| | |||
|
This stately 1790 Federal style home has been owned by the same family for the past 55 years. Bring your ideas and TLC to this property with endless possibilities. The 3 bay garage on the back of the house includes a horse stall. With 3 acres and a spring fed pond, this could once again be an equestrian property. The town has this home listed as a 2-family residence. It currently has a separate heating system and hot water tank for the second floor apartment. You can live in the larger home and rent out the second floor apartment or easily convert it to make it one large 4,600 sf estate. Most of the rooms in this house are quite large and there are 5 fireplaces and 4 full bathrooms. Roof 2017. The property offers a multitude of options and the location is stellar. It is close to trails for walking, conservation land, the stunning Groton Hill Music Center, and has easy access to both downtown Groton and downtown Ayer. Both offer thriving communities.
| |||
| Oct 9, 2024 | Listed by MRM Associates | $700,000 | |
| Listed by MRM Associates | |||
| | |||
|
This stately 1790 Federal style home has been owned by the same family for the past 55 years. Bring your ideas and TLC to this property with endless possibilities. The 3 bay garage on the back of the house includes a horse stall. With 3 acres and a spring fed pond, this could once again be an equestrian property. The town has this home listed as a 2-family residence. It currently has a separate heating system and hot water tank for the second floor apartment. You can live in the larger home and rent out the second floor apartment or easily convert it to make it one large 4,600 sf estate. Most of the rooms in this house are quite large and there are 5 fireplaces and 4 full bathrooms. Roof 2017. The property offers a multitude of options and the location is stellar. It is close to trails for walking, conservation land, the stunning Groton Hill Music Center, and has easy access to both downtown Groton and downtown Ayer. Both offer thriving communities.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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