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Ayer 01432
8 Nashua
$439,000
● House - Off Market

8 Nashua

Ayer, MA 01432
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$2,512
Est. Monthly

About This Property

Really pretty village colonial, nicely updated and ready to move into!   This home has style and grace and is a whole lot house for the money! Big eat-in kitchen, hardwood floors, nice dining room, 2 home offices (one on the first floor, one on the second), 3 Bedrooms, including one on the first floor, and a fabulous oversized 2 car garage with plenty of room for a workshop.  All within easy walking distance to the commuter rail, conservation trails and downtown Ayer with it's lovely restaurants and shops.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$274
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1890

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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 #73220289)

Price History

Date / Event Date Event Price
May 13, 2024 Sold
Premium
Sold
Apr 11, 2024 In contract -
In contract
Apr 4, 2024 Listed by Cowley Associates $439,000
Listed by Cowley Associates
Mar 29, 2019 Sold
Premium
Sold
Dec 7, 2018 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 745
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • 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:0197
  • Lot: 197
  • Municipality: AYER
  • Latitude: 42.5621
  • Longitude: -71.5861

    Address

  • Full Address: 8 Nashua St
  • Address - House Number: 8
  • Address - Street Name: Nashua
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ayer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1309
  • Zip Code: 01432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $427,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 586,223
  • High Value: 737,270
  • Low Value: 435,176

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,400
  • Assessed Land Value: $130,400
  • Assessed Improvements Value: $214,000

    Sales

  • Current Sale Contract Date: Mar 28, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39262
  • Previous Sale Recording Date: Sep 25, 2014
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: O
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:

$554,995

Sale Price/ft²

$313

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2006 ft²

Average Home Age

55.7 years

Currently For Sale

6 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# 73220289

Frequently Asked Questions

When was property at 8 Nashua Street built and last sold?
The property at 8 Nashua Street was built in 1890 and last sold on Mar 28, 2019 for $125,000.
How much is this home worth?
The estimated value of the home located at 8 Nashua Street is $419,769.
What are some comparable homes to 8 Nashua Street?
There are currently no comparable homes to 8 Nashua Street.
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