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Ayer 01432
5 Mountain Ave
$439,000
● House - Off Market

5 Mountain Ave

Ayer, MA 01432
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,687 Ft²
$525,350
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Original Cape Style home is the last home on a dead end street. The home sits up on the 33,000 square foot lot. Location is 0.7 miles to Ayer Center. The home is ready to go. Current owner will connect to town sewer and upgrade electric before closing.  The home has a large kitchen with a fireplace and plenty of "wood mode" cabinet space. There are two bedrooms on the first floor as well as 2 large bedrooms and a bath on the expanded second floor. The flooring is varied and matches the age of the home. There is a variety of lino, wood, and carpet. There is a one car under garage. The central heat is forced hot air by oil.
Unit Size
2,687 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$167
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1954

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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 years ago (MLSPIN #72801391)

Price History

Date / Event Date Event Price
Jun 14, 2021 Sold
Premium
Sold
Mar 20, 2021 Listed by Keller Williams Realty-Merrimack $449,000
Listed by Keller Williams Realty-Merrimack

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,626
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 2,688
  • Gross Building Area: 9,041
  • Building Area: 2,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,688
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000760
  • 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: A2

Geography

  • Parcel: AYER M:020 B:0000 L:0004
  • Lot: 4
  • Municipality: AYER
  • Latitude: 42.567
  • Longitude: -71.582

    Address

  • Full Address: 5 Mountain Ave
  • Address - House Number: 5
  • Address - Street Name: Mountain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Ayer
  • Carrier Code: C008
  • 4-Digit Zip Code: 1108
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 548,956
  • High Value: 640,676
  • Low Value: 457,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $434,300
  • Assessed Land Value: $171,800
  • Assessed Improvements Value: $262,500

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133143
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:

$550,000

Sale Price/ft²

$310

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2001 ft²

Average Home Age

61.8 years

Currently For Sale

4 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 years ago
Data Source: MLS PIN, MLS# 72801391

Frequently Asked Questions

When was property at 5 Mountain Avenue built and last sold?
The property at 5 Mountain Avenue was built in 1954 and last sold on Jun 11, 2021 for $439,000.
How much is this home worth?
The estimated value of the home located at 5 Mountain Avenue is $0.
What are some comparable homes to 5 Mountain Avenue?
There are currently no comparable homes to 5 Mountain Avenue.
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