Active Under Contract
22 Days on market
705 Autumn Ridge Dr #705 Ayer — Photo 1 of 28

705 Autumn Ridge Dr #705 Ayer — Photo 1 of 28

$599,900

Investment Analysis — 705 Autumn Ridge Dr #705

Ayer, MA 01432

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01432 carries an estimated $2,560/mo in gross rent — about a 1.57% cap rate and $9,404/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2.5

SqFt

1,846

Style

Condominium

Built

2010

Enjoy the peaceful, natural surroundings of Autumn Ridge while also experiencing comfortable living in this 2 bedroom/3 bath townhome condo in a well-established 55+ community conveniently located in the town of Ayer, bordering the town of Groton offering the amenities both towns have to offer including commuter rail to Boston, the lively new music venue, Groton Hill Music Center, favorite local eateries, 16 mile rail trail, and acres of conservation lands. With 1,846 sf of living space this unit, one of the larger ones in the complex, offers an open space living/dining/kitchen area complete with cathedral ceilings, SS appliances and granite counters. A large family room with exterior balcony, half bath, primary bedroom with 3/4 bath and walk-in closet complete the first floor. Upstairs you will find a large second bedroom, full bath and two large storage closets. A clubhouse sits at the center of the complex offering a full gym, full kitchen and large gathering area with fireplace, and several other smaller rooms for resident's enjoyment. A perfect place to make your home!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$599,900
Annual Taxes$5,951
HOA Fee$666

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRES-1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomMaster BedroomBathroom 1Bathroom 3
Living Room
Lvl First

16 x 17

Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Hardwood, Open Floorplan

Dining Room
Lvl First

10 x 11

Flooring - Hardwood, Open Floorplan, Lighting - Overhead

Kitchen
Lvl First

8 x 10

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Lighting - Overhead

Family Room
Lvl First

11 x 14

Flooring - Wall to Wall Carpet, Balcony - Exterior, Lighting - Overhead

Master Bedroom
Lvl First

13 x 15

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

12 x 22

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 3
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: Joanne Smith

Listing Office: Century 21 North East

MLS® Number: 73566817