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Norfolk 02081
12 Ridge Road
$578,800
● House - Off Market

12 Ridge Road

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,240 Ft²
$920,533
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

A 'Must See' well maintained 4-bedroom classic colonial with plenty of storage and a spacious 2-car garage on a highly desirable tree lined street in North Walpole. Located near Rte 95 within 3 miles of downtown Walpole and MBTA Commuter Rail. Dining room, Kitchen/Breakfast area, Master bedroom and all baths have been freshly painted. Two basement rooms with baseboard heat are newly painted ready for you to finish, all you need is flooring. Relax in the 3 season sun room with views of the spacious private back yard and enjoy the gas fireplace in the family room. Don't miss this home!
Unit Size
2,240 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$263
Property Type
House
Property Taxes
$716
HOA Dues
-
Year Built
1977

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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 #72167568)

Price History

Date / Event Date Event Price
Jul 14, 2017 Sold
Premium
Sold
May 18, 2017 Listed by Real Living Realty Group $589,900
Listed by Real Living Realty Group
Apr 2, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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: 18
  • 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: 40,107
  • Total Building Area: 2,240
  • Gross Building Area: 3,732
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000921
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: B040410005
  • District: 307
  • Parcel: WALP M:00011 B:00169 L:00000
  • Block: 169
  • Municipality: WALPOLE
  • Latitude: 42.1731
  • Longitude: -71.2716

    Address

  • Full Address: 12 Ridge Rd
  • Address - House Number: 12
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Walpole
  • Carrier Code: R001
  • 4-Digit Zip Code: 2111
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,129,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 928,906
  • High Value: 1,088,193
  • Low Value: 769,619

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $854,400
  • Assessed Land Value: $396,400
  • Assessed Improvements Value: $458,000

    Sales

  • Current Sale Contract Date: Jul 06, 2017
  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1382331
  • Previous Sale Recording Date: Apr 02, 1987
  • Previous Sale Amount: $299,900
  • 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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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: 4 months ago
Data Source: MLS PIN, MLS# 72167568

Frequently Asked Questions

When was property at 12 Ridge Road built and last sold?
The property at 12 Ridge Road was built in 1977 and last sold on Jul 6, 2017 for $578,800.
How much is this home worth?
The estimated value of the home located at 12 Ridge Road is $616,317.
What are some comparable homes to 12 Ridge Road?
There are currently no comparable homes to 12 Ridge Road.
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