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Norfolk
1 Ledgewood Rd
Photo of 1 Ledgewood Rd
Sold on May 2, 2008

1

Map

$400,000
● House - Off Market

1 Ledgewood Rd

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,200 Ft²
$837,582
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

Fabulous Hip roof Colonial. Extensive landscape with rock gdns. and path. Arbor wstone floor. Newky painted interior and exterior, all new mechanicals oil burner, water heater,central air, well pump, septic, garage doors with keypads. New microwave, dishwasher, washer, dryer. New sinks, and hardware, new masterbath floor, new kitchen counter. Closets with organizer, new front and back doors, new decking, stone patios.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$140
Property Type
House
Property Taxes
$659
HOA Dues
-
Year Built
1987

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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: 5 months ago (MLSPIN #70730822)

Price History

Date / Event Date Event Price
May 2, 2008 Sold
Premium
Sold
Mar 23, 2008 Listed $449,000
Listed
Jun 22, 2001 Sold
Premium
Sold
Mar 15, 2001 Listed $409,900
Listed
FISHER WOODS HIPROOF COLONIAL.ATTACHED FAMRM W/SKYLITES,FP, NEW CARPET OVER HDWD.CHERRY CUSTOM CAB KITCH W/MAPLE HDWD FLR & NEW DW.HDWD DR.STEPDOWN LR W/HDWD & FP.TILE FOYER WITH TURNED STAIRCASE.ACRE+.NEW DRIVEWAY.AREA OF HIGHER $ HOMES.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,488
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,433
  • Total Building Area: 2,716
  • Gross Building Area: 4,372
  • Building Area: 2,716
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,716
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001043
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408103

Zoning

  • Zoning: AR-I

Geography

  • Account Number: Jan 01, 1970
  • Parcel: MEDW M:35 B:023
  • Block: 23
  • Municipality: MEDWAY
  • Latitude: 42.1543
  • Longitude: -71.466

    Address

  • Full Address: 1 Ledgewood Rd
  • Address - House Number: 1
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: R001
  • 4-Digit Zip Code: 2255
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,072,300

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 873,622
  • High Value: 1,008,928
  • Low Value: 738,316

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $672,700
  • Assessed Land Value: $309,500
  • Assessed Improvements Value: $363,200

    Sales

  • Current Sale Recording Date: May 02, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 176618
  • Previous Sale Recording Date: May 02, 2008
  • Previous Sale Amount: $602,950
  • Previous Sale Document Type: 48
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 Norfolk

Stats & Trends

Median Asking:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2529 ft²

Average Home Age

60.6 years

Currently For Sale

1465 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: 5 months ago
Data Source: MLS PIN, MLS# 70730822

Frequently Asked Questions

When was property at 1 Ledgewood Road built and last sold?
The property at 1 Ledgewood Road was built in 1987 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 1 Ledgewood Road is $513,850.
What are some comparable homes to 1 Ledgewood Road?
There are currently no comparable homes to 1 Ledgewood Road.
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