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Ayer 01432
5 Forest St
$250,000
● House - Off Market

5 Forest St

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,014 Ft²
$355,988
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Tired of your commute? Check out this adorable house just walking distance to the commuter rail!!  Easy access to all the major highways.  It has a newer water tank as well as a hybrid boiler heating system! There is a concept Construction plan for an addition to the house with a variance issued by the town! Don't miss out!  This little gem will go quick!  Showings will begin Saturday 3/9
Unit Size
1,014 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$237
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72460632)

Price History

Date / Event Date Event Price
Apr 29, 2019 Sold
Premium
Sold
Mar 5, 2019 Listed by Lamacchia Realty, Inc. $239,900
Listed by Lamacchia Realty, Inc.
Sep 8, 1997 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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: 325102

Zoning

  • Zoning: GR

Geography

  • Parcel: AYER M:026 B:0000 L:0291
  • Lot: 291
  • Municipality: AYER
  • Latitude: 42.5585
  • Longitude: -71.5877

    Address

  • Full Address: 5 Forest St
  • Address - House Number: 5
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ayer
  • Carrier Code: C005
  • 4-Digit Zip Code: 1615
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $367,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 382,024
  • High Value: 448,633
  • Low Value: 315,414

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,900
  • Assessed Land Value: $104,600
  • Assessed Improvements Value: $191,300

    Sales

  • Current Sale Contract Date: Apr 25, 2019
  • Current Sale Recording Date: Apr 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53348
  • Previous Sale Recording Date: Sep 08, 1997
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: 27
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 Ayer

Stats & Trends

Median Asking:

$554,995

Sale Price/ft²

$313

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2006 ft²

Average Home Age

55.7 years

Currently For Sale

6 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: 4 months ago
Data Source: MLS PIN, MLS# 72460632

Frequently Asked Questions

When was property at 5 Forest Street built and last sold?
The property at 5 Forest Street was built in 1900 and last sold on Apr 25, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 5 Forest Street is $243,369.
What are some comparable homes to 5 Forest Street?
There are currently no comparable homes to 5 Forest Street.
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