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Middlesex
7 Ashwood Drive
$276,000
● House - Off Market

7 Ashwood Drive

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,764 Ft²
$1,213,570
RealtyHop Estimate
333.57%
Since Dec 1, 1996
MA-Boston
Primary Model

About This Property

MARSHA WEISS PRESENTS A VERY GRACIOUS HOME IN HIGHLY DESIRABLE CHESTNUT VILLAGE.  SEE FEATURE SHEET.LISTING REALTOR MUST ACCOMPANY SHOWINGS.  NOV. 30, 1996 OCCUPANCY.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$159
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1975

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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 #30125907)

Price History

Date / Event Date Event Price
Apr 5, 2019 Sold
Premium
Sold
Nov 22, 1996 Sold
Premium
Sold
Aug 30, 1996 Listed by Re/max Top Achievers, Inc. $279,900
Listed by Re/max Top Achievers, Inc.

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,240
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,264
  • Building Area: 3,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,264
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330102

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:057.0 B:0000 L:0082.0
  • Lot: 82.0
  • Municipality: NORTH READING
  • Latitude: 42.5606
  • Longitude: -71.0772

    Address

  • Full Address: 7 Ashwood Dr
  • Address - House Number: 7
  • Address - Street Name: Ashwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 3001
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,289,200

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,178,017
  • High Value: 1,436,741
  • Low Value: 919,293

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $975,900
  • Assessed Land Value: $413,700
  • Assessed Improvements Value: $562,200

    Sales

  • Current Sale Contract Date: Mar 30, 2019
  • Current Sale Recording Date: Apr 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42551
  • Previous Sale Recording Date: Nov 22, 1996
  • Previous Sale Amount: $276,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2709 ft²

Average Home Age

65.2 years

Currently For Sale

3095 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# 30125907

Frequently Asked Questions

When was property at 7 Ashwood Drive built and last sold?
The property at 7 Ashwood Drive was built in 1975 and last sold on Mar 30, 2019 for $790,000.
How much is this home worth?
The estimated value of the home located at 7 Ashwood Drive is $0.
What are some comparable homes to 7 Ashwood Drive?
There are currently no comparable homes to 7 Ashwood Drive.
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