Middlesex
55 Mountain Gate Rd. #55
$465,000
●
Condo -
Off Market
55 Mountain Gate Rd. #55
Ashland, MA 01721
2 Beds
2 Baths,
1
Half Bath
1,326 Ft²
$2,975
Est. Monthly
$301
HOA / Fees
5.92%
Cap Rate
About This Property
Look no further! This lovely updated Ledgemere townhome is sure to
impress. Spacious living area features a west-facing picture window
that floods the room with afternoon/evening light. Renovated
kitchen boasts shaker cabinets (2011) w/ quartz counters,
under-mount sink w/ retractable faucet, & stainless steel
appliances. Open concept kitchen/dining allows the table to be
expanded to accommodate large holiday gatherings. Cozy grilling
deck through the slider. Updated 1/2 bath on the main floor (2013).
King size primary bedroom w/ picture window & twin double closets.
Carpets for both bedrooms installed in 2018. Updated full bath on
top floor (2015). Exercise area in the lower level. Brand new
high-efficiency heating system (2024). Hot water heater (2021).
CENTRAL AIR (2012). Freshly painted 1st floor (2024). Amenities
include tennis/pickle ball courts, a playground, and hiking trails.
Ultra convenient Ashland location is just a stone's throw from the
grocery store and restaurants.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
-
Price per sqft
$343
Property Type
Condo
Property Taxes
$439
HOA Dues
$301
Year Built
1982
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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: 2 years ago (MLSPIN #73283932)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Realty Executives Boston West | $455,000 | |
| Listed by Realty Executives Boston West | |||
| Mar 25, 2005 | Sold | ||
| Sold | |||
| Nov 1, 2004 | Listed | $279,900 | |
| Listed | |||
 | |||
|
Beautifully maintained Short L Unit in a private, convenient location. Features include an open sunny floor plan with neutral decor throughout for easy decorating, C/A, tile baths and two large bedrooms, Bonus partially finished room in the lower level with plenty of extra storage space. Private yard area has a small patio surrounded by pretty perennials. Located just minutes from shopping.
| |||
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Property Highlights
Parking Available
Air Conditioning
Interior Details
Level: First
Width: 20
Length: 13
Features: Flooring - Laminate, Countertops - Stone/Granite/Solid, Recessed Lighting, Slider, Stainless Steel Appliances
Area: 260
Level: Second
Features: Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture
Width: 13
Length: 13
Area: 169
Features: Closet, Flooring - Laminate
Level: First
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Length: 13
Level: First
Area: 234
Features: Flooring - Laminate, Window(s) - Picture
Width: 18
Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture
Level: Second
Length: 13
Width: 16
Area: 208
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Laminate
Laundry Features: In Basement, In Unit, Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Rooms: 5
Basement: Y
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Ledgemere Country Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RM
Parcel Number: 3296815
Water Source: Public
Financial Details
Tax Assessed Value: $397,800
Tax Annual Amount: $5,267
Utilities Details
Utilities: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
HOA/Condo/Coop Amenities: Tennis Court(s), Playground, Paddle Tennis, Trail(s)
Association Fee Frequency: Monthly
HOA Fee: $301
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/05/2024
|
2 Bed
|
2 Bath
|
1326 ft²
|
$455,000
2 Bed
2 Bath
1326 ft²
|
$465,000
+2.20%
10/16/2024
|
Jay Allen
Realty Executives Boston West
| |
|
11/01/2004
|
2 Bed
|
1 Bath
|
1326 ft²
|
$279,900
2 Bed
1 Bath
1326 ft²
|
$273,000
-2.47%
03/25/2005
|
Judy Mcguire
REMAX Executive Realty
| |
|
04/05/1999
|
2 Bed
|
2 Bath
|
1326 ft²
|
$149,900
2 Bed
2 Bath
1326 ft²
|
$149,900
05/28/1999
|
Maryann Clancy
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017