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Middlesex
55 Indian Spring Rd
$461,000
● House - Off Market

55 Indian Spring Rd

Ashland, MA 01721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$489,467
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Perched in a quiet residential cul-de-sac road, this lovely 3 bedroom, 1 1/2 bath, 1 car garage Ashland ranch boasts a private backyard, a three season porch, an extra room for office space/other, a master suite w/ 1/2 bath & hardwood floors and newly installed wall to wall carpeting in the fireplaced living room.  An ideal location for families and or commuters - within close proximity to the Ashland State Park, the Ashland Senior Center, the Commuter Rail to Boston, the Ashland Middle School and downtown center, as well as a major routes and shopping.  Enjoy Ashland's great schools and the convenience of this perfect location/neighborhood and also relax in the privacy of your own backyard for morning coffee and take in the scenic views from your front yard!
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$370
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1954

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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 years ago (MLSPIN #72845148)

Price History

Date / Event Date Event Price
Jul 27, 2021 Sold
Premium
Sold
Jun 7, 2021 Listed by eXp Realty $423,500
Listed by eXp Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1978
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000610
  • 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: 385101

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:019.0 B:0084 L:0000.0
  • Block: 84
  • Municipality: ASHLAND
  • Latitude: 42.2505
  • Longitude: -71.4781

    Address

  • Full Address: 55 Indian Spring Rd
  • Address - House Number: 55
  • Address - Street Name: Indian Spring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ashland
  • Carrier Code: C004
  • 4-Digit Zip Code: 1429
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 551,302
  • High Value: 653,752
  • Low Value: 448,852

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,000
  • Assessed Land Value: $270,200
  • Assessed Improvements Value: $221,800

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1888419
  • Previous Sale Recording Date: Aug 24, 2009
  • Previous Sale Document Type: 48
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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 5 years ago
Data Source: MLS PIN, MLS# 72845148

Frequently Asked Questions

When was property at 55 Indian Spring Road built and last sold?
The property at 55 Indian Spring Road was built in 1954 and last sold on Jul 26, 2021 for $461,000.
How much is this home worth?
The estimated value of the home located at 55 Indian Spring Road is $0.
What are some comparable homes to 55 Indian Spring Road?
There are currently no comparable homes to 55 Indian Spring Road.
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