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Ayer 01432
7 Highland Ave
$210,000
● House - Off Market

7 Highland Ave

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$309,800
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Great potential for first time buyers or someone looking to down size! This home, featuring one level living, would benefit from updating and is being offered in "as is" condition. The corner lot offers the option of future expansion as well. Town water, town sewer and gas heating with an in town location surrounded by larger homes makes the property more desirable. There is a living room with a wood burning fireplace & bay window, a dining room and a galley kitchen. There are three large bedrooms, 2 with parquet flooring, and plenty of closet space. One bedroom has wood paneling as well. There is a full bath with tub and vinyl flooring. Close to route 2, the commuter rail, shopping, dining as well as a town beach. All offers, if any, will be reviewed on Tuesday, April 2nd.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$202
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1956

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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 months ago (MLSPIN #72472953)

Price History

Date / Event Date Event Price
May 8, 2019 Sold
Premium
Sold
Mar 29, 2019 Listed by Westford Real Estate, Inc. $210,000
Listed by Westford Real Estate, Inc.

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1988
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,040
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,040
  • Gross Building Area: 3,330
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: GR

Geography

  • Parcel: AYER M:026 B:0000 L:0232
  • Lot: 232
  • Municipality: AYER
  • Latitude: 42.5631
  • Longitude: -71.585

    Address

  • Full Address: 7 Highland Ave
  • Address - House Number: 7
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Ayer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1924
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $345,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 384,353
  • High Value: 457,846
  • Low Value: 310,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,800
  • Assessed Land Value: $150,300
  • Assessed Improvements Value: $127,500

    Sales

  • Current Sale Contract Date: May 08, 2019
  • Current Sale Recording Date: May 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59138

    Financing

  • First Mortgage Financing Type: ADJ
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 Ayer

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$310

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2128 ft²

Average Home Age

55.2 years

Currently For Sale

5 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: 4 months ago
Data Source: MLS PIN, MLS# 72472953

Frequently Asked Questions

When was property at 7 Highland Avenue built and last sold?
The property at 7 Highland Avenue was built in 1956 and last sold on May 8, 2019 for $210,000.
How much is this home worth?
The estimated value of the home located at 7 Highland Avenue is $212,270.
What are some comparable homes to 7 Highland Avenue?
There are currently no comparable homes to 7 Highland Avenue.
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