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Millis-Clicquot 02054
118 Ridge
$530,000
● House - Off Market

118 Ridge

Millis, MA 02054
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,939 Ft²
$1,134,150
RealtyHop Estimate
110.42%
Since May 1, 2003
MA-Boston
Primary Model

About This Property

EXQUISITE, SUNNY COLONIAL ON 2+ACRES NEAR COUNTRY CLUB.NEW FAMILY NEIGHBORHOOD,HUGE COUNTRY KITCHEN NEUTRAL COLORS,FIREPLACED GREAT ROOM,JACUZZI M. BATH, FENCED BACK YARD, GREAT NEIGHBORS,BRING THE FAMILY!
Unit Size
2,939 Ft²
Days on Market
-
Land Size
2.11 acres
Price per sqft
$183
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1999

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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 months ago (MLSPIN #30688615)

Price History

Date / Event Date Event Price
Apr 22, 2003 Sold
Premium
Sold
Feb 11, 2003 Listed by Coldwell Banker Residential Brokerage - Medfield $539,000
Listed by Coldwell Banker Residential Brokerage - Medfield
Feb 3, 2000 Sold
Premium
Sold
Jan 21, 1999 Listed $384,900
Listed
THIS 3000 SQ' HOME SETS BACK FROM THE ROAD OVER 300 FEET.THE LAST HOME IN THIS WONDERFUL SETTING.EXCELLENT BUILDER WILL HAVE HOME READY FOR OCCUPANCY BY OCTOBER. HOME SITS ON A BEAUTIFUL TWO PLUS ACRE LOT.THREE COMPARABLE HOMES ARE SOLD.

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,912
  • Total Building Area: 2,990
  • Gross Building Area: 5,074
  • Building Area: 2,990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,990
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407101

Geography

  • Parcel: MILL M:015 B:0000044
  • Block: 44
  • Municipality: MILLIS
  • Latitude: 42.1766
  • Longitude: -71.369

    Address

  • Full Address: 118 Ridge St
  • Address - House Number: 118
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Millis
  • Carrier Code: R007
  • 4-Digit Zip Code: 1110
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,208,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 966,010
  • High Value: 1,115,625
  • Low Value: 816,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $735,800
  • Assessed Land Value: $218,900
  • Assessed Improvements Value: $516,900

    Sales

  • Current Sale Recording Date: Apr 22, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 966209
  • Previous Sale Recording Date: Feb 03, 2000
  • Previous Sale Amount: $420,000
  • 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 Millis-Clicquot

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$345

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2033 ft²

Average Home Age

75.4 years

Currently For Sale

12 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: 5 months ago
Data Source: MLS PIN, MLS# 30688615

Frequently Asked Questions

When was property at 118 Ridge Street built and last sold?
The property at 118 Ridge Street was built in 1999 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 118 Ridge Street is $568,319.
What are some comparable homes to 118 Ridge Street?
There are currently no comparable homes to 118 Ridge Street.
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