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Norfolk 02090
15 Ridgewood Rd
$1,000,000
● House - Off Market

15 Ridgewood Rd

Westwood, MA 02090
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,652 Ft²
$5,224
Est. Monthly

About This Property

LOCATION LOCATION! This beautifully renovated multi-level home in the heart of Islington Center offers a convenient integrated floor plan with cozy fireplace and kitchen at the heart of the home. First floor family room offers endless possibilities as a bonus room, exercise room, office or play space, with full bath, and laundry access. Walk-out to a lush, level backyard perfect for enjoying the outdoors. Complete with irrigation system, exterior storage, and direct gas grill line. Districted to the new Pine Hill Elementary School this turn-key home is steps from the School Street playground and Islington Center's shops and eateries. Easy access to train lines and highways, University Station and Legacy Place shopping. This home is a must-see! First showings at Open House.
Unit Size
1,652 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$544
Property Type
House
Property Taxes
$810
HOA Dues
-
Year Built
1957

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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 #73251422)

Price History

Date / Event Date Event Price
Jul 31, 2024 Sold
Premium
Sold
Jun 12, 2024 Listed by Artemis Realty $899,000
Listed by Artemis Realty
Nov 13, 2012 Sold
Premium
Sold
Sep 30, 2012 Listed by Artemis Realty $429,900
Listed by Artemis Realty
Aug 26, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,069
  • Total Building Area: 1,124
  • Gross Building Area: 2,204
  • Building Area: 1,124
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,124
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westwood School District
  • School Tax School District: WESTWOOD SD
  • Census Tract: 412300

Geography

  • Account Number: 2359
  • Parcel: WWOO M:023 B:000 L:122
  • Lot: 122
  • Municipality: WESTWOOD
  • Latitude: 42.2185
  • Longitude: -71.1913

    Address

  • Full Address: 15 Ridgewood Rd
  • Address - House Number: 15
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westwood
  • Carrier Code: C015
  • 4-Digit Zip Code: 1701
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $885,200

    Appraisal Valuation

  • Standard Deviation: 0.1512
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 825,125
  • High Value: 949,908
  • Low Value: 700,342

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $619,000
  • Assessed Land Value: $333,700
  • Assessed Improvements Value: $285,300

    Sales

  • Current Sale Recording Date: Nov 13, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000013
  • Previous Sale Recording Date: Aug 26, 2005
  • Previous Sale Amount: $459,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$755,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2565 ft²

Average Home Age

59.6 years

Currently For Sale

1396 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73251422

Frequently Asked Questions

When was property at 15 Ridgewood Road built and last sold?
The property at 15 Ridgewood Road was built in 1957 and last sold on Jan 1, 1970 for $429,968.
How much is this home worth?
The estimated value of the home located at 15 Ridgewood Road is $874,416.
What are some comparable homes to 15 Ridgewood Road?
There are currently no comparable homes to 15 Ridgewood Road.
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