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Middlesex
561 Chestnut Street
$549,900
● House - Off Market

561 Chestnut Street

Ashland, MA 01721
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,024 Ft²
$1,471,975
RealtyHop Estimate
167.68%
Since Dec 1, 2001
National-US
Primary Model

About This Property

NEW CONSTRUCTION,BEAUTIFUL 1.6 ACRE LOT W/ A VIEW. NEAR ASHL RESEVOIR.3000+SFCOLONIAL W/ FARMERS PORCH. QUALITY CONSTRUCT 2 STORY FOYER,SKYLIT 24X24 VAULTED FAMRM,HARDWD IN DINRM, C/A,C/VAC,WALKOUT,TIME TO ADD YOUR OWN TOUCHES.CALL 4 SPECS.
Unit Size
3,024 Ft²
Days on Market
-
Land Size
1.63 acres
Price per sqft
$182
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 #30507708)

Price History

Date / Event Date Event Price
Nov 14, 2006 Sold
Premium
Sold
Nov 30, 2001 Sold
Premium
Sold
May 22, 2001 Listed by Coldwell Banker Realty - Natick $549,900
Listed by Coldwell Banker Realty - Natick

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2014
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,003
  • Total Building Area: 2,832
  • Building Area: 2,832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,832
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001630
  • 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: 385201

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:028.0 B:0057 L:0000.0
  • Block: 57
  • Municipality: ASHLAND
  • Latitude: 42.2351
  • Longitude: -71.4611

    Address

  • Full Address: 561 Chestnut St
  • Address - House Number: 561
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ashland
  • Carrier Code: C007
  • 4-Digit Zip Code: 2235
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,222,800

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,043,208
  • High Value: 1,207,143
  • Low Value: 879,272

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $923,600
  • Assessed Land Value: $261,400
  • Assessed Improvements Value: $662,200

    Sales

  • Current Sale Recording Date: Nov 14, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00216449
  • Previous Sale Recording Date: Nov 30, 2001
  • Previous Sale Amount: $549,900
  • 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:

$822,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 30507708

Frequently Asked Questions

When was property at 561 Chestnut Street built and last sold?
The property at 561 Chestnut Street was built in 2001 and last sold on Jan 1, 1970 for $590,000.
How much is this home worth?
The estimated value of the home located at 561 Chestnut Street is $595,346.
What are some comparable homes to 561 Chestnut Street?
There are currently no comparable homes to 561 Chestnut Street.
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