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Middlesex
438 Chestnut St
$1,010,000
● House - Off Market

438 Chestnut St

Ashland, MA 01721
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,620 Ft²
$960,001
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Exciting New Construction by well known builder. A welcoming covered porch lends the most beautiful views over the Ashland Field, Warren Center and down to the Ashland Reservoir and Ashland State Park with miles of trails for your outdoor adventures. The family friendly floor plan offers a living room,  dining room plus a gourmet chefs kitchen with generous center island as well as breakfast area open to the fireplaced family room and a mud room and powder room. The second floor offers a primary suite with luxurious bath and walk in closet, three additional bedrooms a second full bath plus a laundry room. Wonderful neighborhood convenient to all major routes, public transportation, shopping and schools. Come make this house your home!
Unit Size
2,620 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$362
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
2022

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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 #72937503)

Price History

Date / Event Date Event Price
Jun 16, 2022 Sold
Premium
Sold
Jan 27, 2022 Listed by William Raveis R.E. & Home Services $949,000
Listed by William Raveis R.E. & Home Services
Jun 15, 2021 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • 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: 1,728
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 2,616
  • Gross Building Area: 3,844
  • Building Area: 2,616
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,616
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000800
  • 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: 385201

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:024.0 B:0090 L:0000.0
  • Block: 90
  • Municipality: ASHLAND
  • Latitude: 42.242
  • Longitude: -71.4568

    Address

  • Full Address: 438 Chestnut St
  • Address - House Number: 438
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ashland
  • Carrier Code: C007
  • 4-Digit Zip Code: 2205
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,310,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,032,505
  • High Value: 1,200,385
  • Low Value: 864,624

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $989,400
  • Assessed Land Value: $242,600
  • Assessed Improvements Value: $746,800

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90744
  • Previous Sale Recording Date: Jun 15, 2021
  • Previous Sale Contract Date: Mar 23, 2021
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2716 ft²

Average Home Age

64.7 years

Currently For Sale

3114 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72937503

Frequently Asked Questions

When was property at 438 Chestnut Street built and last sold?
The property at 438 Chestnut Street was built in 2022 and last sold on Jun 15, 2022 for $1,010,000.
How much is this home worth?
The estimated value of the home located at 438 Chestnut Street is $974,126.
What are some comparable homes to 438 Chestnut Street?
There are currently no comparable homes to 438 Chestnut Street.
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