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Belmont 02478 Waverley Square
11 Ridge Rd
$895,000
● House - Off Market

11 Ridge Rd

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,723 Ft²
$1,327,223
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

Welcome Home! 8 Rm, 4, Bds, 2 Bths Colonial with Farmers Porch. Ready for New Buyers. Crisp and clean! Beautiful  New Granite & Stainless Kitchen & New Baths.  New Roof, New Windows Second,Third Floor and Basement. Sun filled from every room great natural light. Gleaming Hardwood Floors. New Paint Inside and Outside. Greatest addition is a New Driveway with parking for 2 Cars and a Beautiful Stone Wall and New Fence.   Prime location! Close to Pequossette Park, Commuter Rail, Bus, Restaurants, Oakley Country Club and more......  Belmont is Ranked #6th Best School District in Ma by Niche Report.
Unit Size
1,723 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$519
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1913

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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 #72271209)

Price History

Date / Event Date Event Price
Sep 20, 2021 Sold
Premium
Sold
Aug 10, 2021 Listed by Kelley & Rege Properties, Inc. $989,900
Listed by Kelley & Rege Properties, Inc.
May 1, 2018 Sold
Premium
Sold
Jan 16, 2018 Listed by Kelley & Rege Properties, Inc. $895,000
Listed by Kelley & Rege Properties, Inc.
Oct 31, 2017 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,875
  • Total Building Area: 1,667
  • Building Area: 1,667
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,667
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000089
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belmont School District
  • School Tax School District: BELMONT SD
  • Census Tract: 357600

Zoning

  • Zoning: R

Geography

  • Parcel: BELM M:15 P:000145 S:
  • Municipality: BELMONT
  • Latitude: 42.3807
  • Longitude: -71.1865

    Address

  • Full Address: 11 Ridge Rd
  • Address - House Number: 11
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C032
  • 4-Digit Zip Code: 1244
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,137,500

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,259,557
  • High Value: 1,458,147
  • Low Value: 1,060,967

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,012,000
  • Assessed Land Value: $692,000
  • Assessed Improvements Value: $320,000

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 208009
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Amount: $895,000
  • 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 Waverley Square

Stats & Trends

Median Asking:

$925,000

Sale Price/ft²

$567

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2176 ft²

Average Home Age

94.8 years

Currently For Sale

13 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

Unit for rent at 20 Watertown St., Watertown, MA, 02472

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72271209

Frequently Asked Questions

When was property at 11 Ridge Road built and last sold?
The property at 11 Ridge Road was built in 1913 and last sold on Sep 20, 2021 for $1,070,000.
How much is this home worth?
The estimated value of the home located at 11 Ridge Road is $998,532.
What are some comparable homes to 11 Ridge Road?
There are currently no comparable homes to 11 Ridge Road.
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