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Middlesex 01432
42 Pine Ridge Drive
$177,500
● House - Off Market

42 Pine Ridge Drive

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,232 Ft²
$373,547
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Make this affordable, solid Ranch your new home! Brand-new roof Jan '13. Located in sweet neighborhood on quiet dead-end street, walk or bike to Town Beach. Easy ride to Commuter Rail or Route 2. Spacious rooms, oak floors in LR & all BR's, newer appl. incl. Full bath off hall, half bath off pink BR. Interior in process of being painted. Town Water & Sewer. Attached 1-car garage w/opener. Wood deck, spacious yard. Full basement for future expansion, if needed. This is a wonderful equity builder!
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$150
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1970

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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: 4 months ago (MLSPIN #71472403)

Price History

Date / Event Date Event Price
Apr 11, 2013 Sold
Premium
Sold
Jan 15, 2013 Listed by Ursula Graf Real Estate $185,000
Listed by Ursula Graf Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1988
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,232
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ayer-Shirley School District
  • School Tax School District: AYER SHIRLEY SD
  • Census Tract: 325101

Zoning

  • Zoning: A2

Geography

  • Parcel: AYER M:021 B:0000 L:0049
  • Lot: 49
  • Municipality: AYER
  • Latitude: 42.5615
  • Longitude: -71.566

    Address

  • Full Address: 42 Pine Ridge Dr
  • Address - House Number: 42
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ayer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1417
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $427,100

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 444,480
  • High Value: 529,470
  • Low Value: 359,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,900
  • Assessed Land Value: $166,000
  • Assessed Improvements Value: $177,900

    Sales

  • Current Sale Recording Date: Apr 11, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 79019
  • Previous Sale Recording Date: Apr 11, 2013
  • Previous Sale Amount: $177,500
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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: 4 months ago
Data Source: MLS PIN, MLS# 71472403

Frequently Asked Questions

When was property at 42 Pine Ridge Drive built and last sold?
The property at 42 Pine Ridge Drive was built in 1970 and last sold on Jan 1, 1970 for $177,500.
How much is this home worth?
The estimated value of the home located at 42 Pine Ridge Drive is $205,517.
What are some comparable homes to 42 Pine Ridge Drive?
There are currently no comparable homes to 42 Pine Ridge Drive.
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