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Middlesex 01432
56 Groton School Rd
$384,000
● House - Off Market

56 Groton School Rd

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,854 Ft²
$634,366
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Welcome to this move in ready young colonial home located just minutes to major highways, commuter rail to Boston, Nashua rail trail path, Groton center and downtown Ayer's restaurants, shopping and much more! This home offers an open floor plan with granite kitchen and stainless steel appliances, dining room with wainscoting and living room with gas fireplace. Second level offers large guest bedrooms, guest bath, laundry room and master bedroom with private bath and walk in closet.  Lower level is partially finished and is bright and open with a private walk out entrance to a large patio area. Deck overlooks private fenced in yard.
Unit Size
1,854 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$202
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
2010

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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 months ago (MLSPIN #71995486)

Price History

Date / Event Date Event Price
Nov 3, 2021 Sold
Premium
Sold
Sep 16, 2021 Listed by Century 21 Commonwealth $499,900
Listed by Century 21 Commonwealth
Jul 8, 2016 Sold
Premium
Sold
Apr 27, 2016 Listed by Century 21 Commonwealth $375,000
Listed by Century 21 Commonwealth
May 27, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2011
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 836
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 1,854
  • Gross Building Area: 1,601
  • Building Area: 1,854
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,854
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • 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:011 B:0000 L:0038
  • Lot: 38
  • Municipality: AYER
  • Latitude: 42.5737
  • Longitude: -71.5933

    Address

  • Full Address: 56 Groton School Rd
  • Address - House Number: 56
  • Address - Street Name: Groton School
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ayer
  • Carrier Code: C002
  • 4-Digit Zip Code: 1000
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $653,300

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 643,837
  • High Value: 759,664
  • Low Value: 528,009

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,000
  • Assessed Land Value: $164,800
  • Assessed Improvements Value: $361,200

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 240994
  • Previous Sale Recording Date: Jul 08, 2016
  • Previous Sale Amount: $384,000
  • Previous Sale Document Type: O
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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2678 ft²

Average Home Age

65.6 years

Currently For Sale

3205 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 months ago
Data Source: MLS PIN, MLS# 71995486

Frequently Asked Questions

When was property at 56 Groton School Road built and last sold?
The property at 56 Groton School Road was built in 2010 and last sold on Nov 3, 2021 for $523,000.
How much is this home worth?
The estimated value of the home located at 56 Groton School Road is $523,713.
What are some comparable homes to 56 Groton School Road?
There are currently no comparable homes to 56 Groton School Road.
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