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Middlesex
7 Tower Rd
$269,900
● House - Off Market

7 Tower Rd

Ashland, MA 01721
bedrooms
2 Beds
bathrooms
1 Bath
square feet
661 Ft²
$393,255
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Beautiful lot in highly sought after Ashland. Minutes from both Ashland and Framingham commuter rail, along with short drive to shopping at Natick Mall, Shopper's World and route 9/route 30. Well maintained home and lot with updated heating system(2 years) and oil tank replaced(3 years). Perfect for small family or commuter looking for easy access to the commuter rail. This spacious lot could also allow for an addition to existing home or a knock down and build your dream home. This is your chance to get into a great school system at a rare price point. Ideally located on a corner lot/dead end street, backed up to secluded woods. Must See!
Unit Size
661 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$408
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1955

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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 #72589174)

Price History

Date / Event Date Event Price
Jan 10, 2020 Sold
Premium
Sold
Nov 6, 2019 Listed by RE/MAX Executive Realty $269,900
Listed by RE/MAX Executive Realty
Jan 20, 2009 Sold
Premium
Sold
Apr 30, 2008 Listed by RE/MAX Executive Realty $179,000
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1983
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 661
  • Building Area: 661
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 661
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • 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: 385204

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:020.0 B:0074 L:0000.0
  • Block: 74
  • Municipality: ASHLAND
  • Latitude: 42.2498
  • Longitude: -71.4531

    Address

  • Full Address: 7 Tower Rd
  • Address - House Number: 7
  • Address - Street Name: Tower
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ashland
  • Carrier Code: C011
  • 4-Digit Zip Code: 1824
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $520,100

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 431,804
  • High Value: 507,396
  • Low Value: 356,212

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,800
  • Assessed Land Value: $243,800
  • Assessed Improvements Value: $149,000

    Sales

  • Current Sale Contract Date: Jan 03, 2020
  • Current Sale Recording Date: Jan 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4213
  • Previous Sale Recording Date: Jan 20, 2009
  • Previous Sale Amount: $155,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

64.6 years

Currently For Sale

3186 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72589174

Frequently Asked Questions

When was property at 7 Tower Road built and last sold?
The property at 7 Tower Road was built in 1955 and last sold on Jan 3, 2020 for $269,000.
How much is this home worth?
The estimated value of the home located at 7 Tower Road is $269,549.
What are some comparable homes to 7 Tower Road?
There are currently no comparable homes to 7 Tower Road.
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