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Newton 02464 Waban
11 Ridgeway Ter
$1,020,000
● House - Off Market

11 Ridgeway Ter

Newton, MA 02461
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,838 Ft²
$1,125,827
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Built in 1930, this eight-room center entrance Colonial-style residence is set on a cul-de-sac in sought-after Newton Highlands. A front-to-back living room with built-in bookshelves/cabinets and a wood burning fireplace, opens to a lovely screened-in porch. A kitchen/dining room with a built-in china cabinet, study, and full bath complete the first level. The second level is comprised of a primary bedroom with a bathroom, two other bedrooms,  a den, and another full bathroom. Hardwood floors, a spacious deck overlooking the professionally landscaped yard, and a one car garage further enhance the property. The "T", and major roadways are easily accessible. Masks are required.
Unit Size
1,838 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$543
Property Type
House
Property Taxes
$792
HOA Dues
-
Year Built
1930

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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: 5 years ago (MLSPIN #72891862)

Price History

Date / Event Date Event Price
Nov 2, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by Hammond Residential Real Estate $998,000
Listed by Hammond Residential Real Estate
May 22, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,063
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,838
  • Gross Building Area: 3,453
  • Building Area: 1,838
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,838
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Newton School District
  • School Tax School District: NEWTON SD
  • Census Tract: 374200

Zoning

  • Zoning: SR2

Geography

  • Account Number: 54046 0018
  • District: 207
  • Parcel: NEWT S:54 B:046 L:0018
  • Block: 46
  • Lot: 18
  • Municipality: NEWTON
  • Latitude: 42.3193
  • Longitude: -71.2198

    Address

  • Full Address: 11 Ridgeway Ter
  • Address - House Number: 11
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Newton Highlands
  • Carrier Code: C081
  • 4-Digit Zip Code: 1331
  • Zip Code: 02461

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,081,500

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,356,573
  • High Value: 1,598,318
  • Low Value: 1,114,829

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,108,100
  • Assessed Land Value: $942,400
  • Assessed Improvements Value: $165,700

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 240395
  • Previous Sale Recording Date: May 22, 1990
  • Previous Sale Amount: $286,500
  • Previous Sale Document Type: 27
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 Waban

Stats & Trends

Median Asking:

$2,395,000

Sale Price/ft²

$634

Below Asking

0.02%

Average Days on Market

71

Average Home Size

5132 ft²

Average Home Age

39.9 years

Currently For Sale

17 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 years ago
Data Source: MLS PIN, MLS# 72891862

Frequently Asked Questions

When was property at 11 Ridgeway Terrace built and last sold?
The property at 11 Ridgeway Terrace was built in 1930 and last sold on Nov 2, 2021 for $1,020,000.
How much is this home worth?
The estimated value of the home located at 11 Ridgeway Terrace is $0.
What are some comparable homes to 11 Ridgeway Terrace?
There are currently no comparable homes to 11 Ridgeway Terrace.
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