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Middlesex
51 Tri St
$350,000
● House - Off Market

51 Tri St

Ashland, MA 01721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,480 Ft²
$418,447
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Location, Location, Location. Attention buyers with vision, here is an amazing opportunity to build sweat equity and make this house your home and bring this home back to its original beauty! Located in a nice quiet neighborhood. Lots of potential with a nice finish basement. It won't last!!!
Unit Size
2,480 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$161
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #73006019)

Price History

Date / Event Date Event Price
Oct 5, 2022 Sold
Premium
Sold
Jun 30, 2022 Listed by Pablo Maia Realty $399,900
Listed by Pablo Maia Realty
Feb 5, 2004 Sold
Premium
Sold
Aug 23, 2003 Listed by Pablo Maia Realty $299,900
Listed by Pablo Maia Realty
Jun 9, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1973
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,522
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 385203

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:026.0 B:0227 L:0000.0
  • Block: 227
  • Municipality: ASHLAND
  • Latitude: 42.2438
  • Longitude: -71.4269

    Address

  • Full Address: 51 Tri St
  • Address - House Number: 51
  • Address - Street Name: Tri
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ashland
  • Carrier Code: C005
  • 4-Digit Zip Code: 2059
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $627,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 508,223
  • High Value: 595,841
  • Low Value: 420,606

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $474,000
  • Assessed Land Value: $212,900
  • Assessed Improvements Value: $261,100

    Sales

  • Current Sale Contract Date: Oct 03, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150390
  • Previous Sale Recording Date: Feb 05, 2004
  • Previous Sale Amount: $290,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$819,999

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2706 ft²

Average Home Age

65.3 years

Currently For Sale

3031 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: 6 months ago
Data Source: MLS PIN, MLS# 73006019

Frequently Asked Questions

When was property at 51 Tri Street built and last sold?
The property at 51 Tri Street was built in 1950 and last sold on Oct 3, 2022 for $355,000.
How much is this home worth?
The estimated value of the home located at 51 Tri Street is $434,131.
What are some comparable homes to 51 Tri Street?
There are currently no comparable homes to 51 Tri Street.
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