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Middlesex
73 Erickson Rd
$34,000
● House - Off Market

73 Erickson Rd

Ashby, MA 01431
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,356 Ft²
$96,956
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

You can live in Ashby for just a little bit of money.  It's true...come and be the first to look at this home on Erickson Road.  You can't rent an apartment for what it will cost you to live here monthly.  This home qualifies for purchase with as little as 3% down payment with a renovation mortgage.  A great location in a nice rural setting.  Country living abounds here.
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$33
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
1915

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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 #71420166)

Price History

Date / Event Date Event Price
Sep 14, 2021 Sold
Premium
Sold
Jul 13, 2021 Listed by Keller Williams Realty North Central $349,000
Listed by Keller Williams Realty North Central
Nov 9, 2012 Sold
Premium
Sold
Aug 7, 2012 Listed by Keller Williams Realty North Central $44,900
Listed by Keller Williams Realty North Central

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1944
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 1,035
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,356
  • Gross Building Area: 5,055
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 300100

Zoning

  • Zoning: RA

Geography

  • District: 12
  • Parcel: ASHB M:008.0 B:0009 L:0000.0
  • Block: 9
  • Municipality: ASHBY
  • Latitude: 42.6823
  • Longitude: -71.8384

    Address

  • Full Address: 73 Erickson Rd
  • Address - House Number: 73
  • Address - Street Name: Erickson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ashby
  • Carrier Code: R001
  • 4-Digit Zip Code: 2233
  • Zip Code: 01431

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,500

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 433,032
  • High Value: 511,934
  • Low Value: 354,131

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $393,100
  • Assessed Land Value: $60,800
  • Assessed Improvements Value: $332,300

    Sales

  • Current Sale Contract Date: Sep 14, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 204401
  • Previous Sale Recording Date: Nov 09, 2012
  • Previous Sale Amount: $34,000
  • Previous Sale Document Type: 71
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71420166

Frequently Asked Questions

When was property at 73 Erickson Road built and last sold?
The property at 73 Erickson Road was built in 1915 and last sold on Sep 14, 2021 for $349,000.
How much is this home worth?
The estimated value of the home located at 73 Erickson Road is $372,220.
What are some comparable homes to 73 Erickson Road?
There are currently no comparable homes to 73 Erickson Road.
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