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Middlesex
8 Oak Tree Ln
$425,000
● House - Off Market

8 Oak Tree Ln

Ashland, MA 01721
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,397 Ft²
$589,947
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Nicely remodeled 3 bed/1 bath ranch on a cul-de-sac street in Ashland with easy access to MBTA and highway for commuters. Beautiful eat-in kitchen with bay window, large living room with fireplace as well as three bedrooms, all with refinished hardwood floors. Central air. Septic system less than a year old. The heated full basement is finished with newly painted floors. Large lot, one car garage and lots of storage complete the package to this wonderful home. Come and see!
Unit Size
1,397 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$286
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72484605)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Apr 19, 2019 Listed by RE/MAX Executive Realty $399,900
Listed by RE/MAX Executive Realty
Jul 10, 2018 Sold
Premium
Sold
May 29, 2018 Listed by RE/MAX Executive Realty $367,900
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1977
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 994
  • Building Area: 994
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 994
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • 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: 385201

Zoning

  • Zoning: R1

Geography

  • Parcel: ASHL M:020.0 B:0262 L:0000.0
  • Block: 262
  • Municipality: ASHLAND
  • Latitude: 42.2511
  • Longitude: -71.4579

    Address

  • Full Address: 8 Oak Tree Ln
  • Address - House Number: 8
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Ashland
  • Carrier Code: C007
  • 4-Digit Zip Code: 2122
  • Zip Code: 01721

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $668,800

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 553,399
  • High Value: 656,238
  • Low Value: 450,559

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,100
  • Assessed Land Value: $254,400
  • Assessed Improvements Value: $250,700

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72706
  • Previous Sale Recording Date: Jul 10, 2018
  • Previous Sale Amount: $385,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 72484605

Frequently Asked Questions

When was property at 8 Oak Tree Lane built and last sold?
The property at 8 Oak Tree Lane was built in 1950 and last sold on May 17, 2019 for $425,000.
How much is this home worth?
The estimated value of the home located at 8 Oak Tree Lane is $416,600.
What are some comparable homes to 8 Oak Tree Lane?
There are currently no comparable homes to 8 Oak Tree Lane.
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