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Middlesex 01742
Lot 1 Ridge Road
$1,820,000
● House - Off Market

Lot 1 Ridge Road

Concord, MA 01742
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,800 Ft²
$3,442,571
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

FINISHING TOUCHES WILL BE COMPLETE BY FEBRUARY OF 2014 - One of the most SOUGHT AFTER LOCATIONS IN ALL OF CONCORD combined with a LUXURIOUS ABSOLUTELY DESIGN SENSITIVE INTERIOR make this HOME THE HOUSE DU JOUR!!! Custom finishes and a perfect scale contribute to this properties TIMELESS AESTHETIC.  Designed by A NOTEWORTHY CONCORD ARCHITECT. The floor plan is simply perfect with too many CUSTOM DETAILS TO LIST!! Walkability, indoor and outdoor entertaining spaces,an ample yard, custom finishes, three floors of finished space and BUILT INS/CUSTOM MILLWORK GALORE. This 4 bedroom 4.5 bathroom home is on par with those properties featured on HGTV or METROPOLITAN HOME!!! WHY SETTLE FOR ANY OTHER PROPERTY in this price range WHEN THIS ONE COULD BE YOURS!!!!
Unit Size
4,800 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$395
Property Type
House
Property Taxes
$83,333
HOA Dues
-
Year Built
1985

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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 years ago (MLSPIN #71579869)

Price History

Date / Event Date Event Price
May 29, 2014 Sold
Premium
Sold
Sep 7, 2013 Listed by ERA Key Realty Services- Fram $1,895,000
Listed by ERA Key Realty Services- Fram
Aug 12, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,553
  • Total Building Area: 3,987
  • Gross Building Area: 9,781
  • Building Area: 3,987
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,987
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000839
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361300

Zoning

  • Zoning: B

Geography

  • Account Number: 1800
  • Parcel: CONC M:9I B:69 L:6
  • Block: 69
  • Lot: 6
  • Municipality: CONCORD
  • Latitude: 42.4605
  • Longitude: -71.3366

    Address

  • Full Address: 1 Revolutionary Rd
  • Address - House Number: 1
  • Address - Street Name: Revolutionary
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C005
  • 4-Digit Zip Code: 2648
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,075,800

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 2,573,833
  • High Value: 2,981,330
  • Low Value: 2,166,337

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,342,600
  • Assessed Land Value: $1,076,400
  • Assessed Improvements Value: $1,266,200

    Sales

  • Current Sale Recording Date: Aug 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 175564
  • Previous Sale Recording Date: Aug 12, 2013
  • Previous Sale Amount: $1,400,000
  • 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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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 years ago
Data Source: MLS PIN, MLS# 71579869

Frequently Asked Questions

When was property at 1 Ridge Road built and last sold?
The property at 1 Ridge Road was built in 1985 and last sold on Jan 1, 1970 for $1,400,000.
How much is this home worth?
The estimated value of the home located at 1 Ridge Road is $0.
What are some comparable homes to 1 Ridge Road?
There are currently no comparable homes to 1 Ridge Road.
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