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Middlesex
42 Indian Spring Rd
$330,000
● House - Off Market

42 Indian Spring Rd

Ashland, MA 01721
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,400 Ft²
$630,982
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

WOW, WOW, WOW!  In 2012, this home was taken down to the studs! JUST LIKE NEW CONSTRUCTION!! All sheetrock 2012, all insulation 2012, all doors 2012, all windows 2012, all woodwork 2012, all plumbing2012 , all electrical 2012 including a 2012 sub panel in basement for future growth, all floors (except 2 bedrooms original hardwood and ceilings), all ductwork, new A/C condensor, new roof, new kitchen, new bath, new family room addition with 2 x 6 construction.. $10,000 was spent on grading the yard and the backyard is nice and private. Attached are the sellers photos of what the house looked like during re-construction!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$242
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #71720083)

Price History

Date / Event Date Event Price
Sep 25, 2014 Sold
Premium
Sold
Jul 27, 2014 Listed by Realty Executives Boston West $339,000
Listed by Realty Executives Boston West
Jun 22, 2012 Sold
Premium
Sold
Nov 11, 2011 Listed by Realty Executives Boston West $189,900
Listed by Realty Executives Boston West

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1979
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,097
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 1,312
  • Gross Building Area: 959
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • 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:0089 L:0000.0
  • Block: 89
  • Municipality: ASHLAND
  • Latitude: 42.2502
  • Longitude: -71.4768

    Address

  • Full Address: 42 Indian Spring Rd
  • Address - House Number: 42
  • Address - Street Name: Indian Spring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ashland
  • Carrier Code: C004
  • 4-Digit Zip Code: 1403
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $691,900

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 587,612
  • High Value: 696,809
  • Low Value: 478,414

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,600
  • Assessed Land Value: $260,100
  • Assessed Improvements Value: $262,500

    Sales

  • Current Sale Recording Date: Sep 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1681592
  • Previous Sale Recording Date: Jun 22, 2012
  • Previous Sale Amount: $165,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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# 71720083

Frequently Asked Questions

When was property at 42 Indian Spring Road built and last sold?
The property at 42 Indian Spring Road was built in 1952 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 42 Indian Spring Road is $353,598.
What are some comparable homes to 42 Indian Spring Road?
There are currently no comparable homes to 42 Indian Spring Road.
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