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Ayer 01432
53 East Main Street
$140,000
● House - Off Market

53 East Main Street

Ayer, MA 01432
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,036 Ft²
$452,553
RealtyHop Estimate
212.11%
Since Dec 1, 1999
National-US
Primary Model

About This Property

PRESENTLY A LEGAL TWO FAMILY WHICH COULD BE EASILY BE CONVERTED BACK TO A SINGLE FAMILY, HARDWOOD FLOORS, WRAP-AROUND PORCH AND NICE YARD.  GREAT COMMUTER LOCATION. POSSIBLE THREE FAMILY WITH PROPER PERMITS.
Unit Size
2,036 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$71
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1900

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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 years ago (MLSPIN #30349657)

Price History

Date / Event Date Event Price
Jan 29, 2021 Sold
Premium
Sold
Nov 19, 2020 Listed $410,000
Listed
Nov 29, 1999 Sold
Premium
Sold
Aug 25, 1999 Listed $145,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1988
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,048
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,972
  • Building Area: 1,972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,972
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

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:027 B:0000 L:0160
  • Lot: 160
  • Municipality: AYER
  • Latitude: 42.5563
  • Longitude: -71.5808

    Address

  • Full Address: 53 E Main St
  • Address - House Number: 53
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ayer
  • Carrier Code: C005
  • 4-Digit Zip Code: 1647
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $407,500

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 502,547
  • High Value: 592,649
  • Low Value: 412,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,100
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $188,100

    Sales

  • Current Sale Contract Date: Jan 11, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21746
  • Previous Sale Recording Date: Nov 29, 1999
  • Previous Sale Amount: $140,000
  • 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:

$550,000

Sale Price/ft²

$325

Below Asking

0.02%

Average Days on Market

44

Average Home Size

2165 ft²

Average Home Age

32.8 years

Currently For Sale

11 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 years ago
Data Source: MLS PIN, MLS# 30349657

Frequently Asked Questions

When was property at 53 East Main Street built and last sold?
The property at 53 East Main Street was built in 1900 and last sold on Jan 11, 2021 for $417,500.
How much is this home worth?
The estimated value of the home located at 53 East Main Street is $0.
What are some comparable homes to 53 East Main Street?
There are currently no comparable homes to 53 East Main Street.
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