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Middlesex
8 Lorraine Dr
Photo of 8 Lorraine Dr
Sold on Aug 19, 2011

1

Map

$615,000
● House - Off Market

8 Lorraine Dr

Ashland, MA 01721
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,856 Ft²
$1,407,180
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

The one you've been waiting for! Amazing 4 bedroom Colonial in the Appleridge neighborhood. Spacious kitchen with granite counters, stainless steel appliances opens to large step down familyroom with vaulted ceilings and skylights. Gleaming hardwood floors throughout the 1st floor, central air, nice backyard, cul-de-sac oversize deck. Great finished basement with over 1050 sqft, full bath, playroom and guest room. Master bedroom has cathedral ceilings and sitting/dressing room.
Unit Size
3,856 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$165
Property Type
House
Property Taxes
$716
HOA Dues
-
Year Built
1997

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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 #71222975)

Price History

Date / Event Date Event Price
Aug 19, 2011 Sold
Premium
Sold
Apr 27, 2011 Listed by Realty Executives Boston West $634,900
Listed by Realty Executives Boston West
Oct 4, 2005 Sold
Premium
Sold
Aug 11, 2005 Listed by Realty Executives Boston West $689,000
Listed by Realty Executives Boston West

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2000
  • Total Rooms: 10
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 2,806
  • Building Area: 2,806
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,806
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • 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: 385101

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:019.0 B:0152 L:0000.0
  • Block: 152
  • Municipality: ASHLAND
  • Latitude: 42.2543
  • Longitude: -71.4788

    Address

  • Full Address: 8 Lorraine Dr
  • Address - House Number: 8
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ashland
  • Carrier Code: C006
  • 4-Digit Zip Code: 1471
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,237,400

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,061,070
  • High Value: 1,233,595
  • Low Value: 888,545

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $934,600
  • Assessed Land Value: $312,000
  • Assessed Improvements Value: $622,600

    Sales

  • Current Sale Recording Date: Aug 19, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000014
  • Previous Sale Recording Date: Oct 04, 2005
  • Previous Sale Amount: $696,000
  • 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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 4 months ago
Data Source: MLS PIN, MLS# 71222975

Frequently Asked Questions

When was property at 8 Lorraine Drive built and last sold?
The property at 8 Lorraine Drive was built in 1997 and last sold on Jan 1, 1970 for $615,000.
How much is this home worth?
The estimated value of the home located at 8 Lorraine Drive is $707,123.
What are some comparable homes to 8 Lorraine Drive?
There are currently no comparable homes to 8 Lorraine Drive.
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