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Worcester 01543
151 Ridge Rd
$200,000
● House - Off Market

151 Ridge Rd

Rutland, MA 01543
bedrooms
1 Bed
bathrooms
1 Bath
square feet
816 Ft²
$208,222
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Highest and Best Offer Due by 7:30PM 10/8 STOP renting! Own this quaint country cottage nestled in the woods with garage and plenty of privacy. Hardwood floors, full of natural light and ready for you now.  Airbnb? Investment? only 15 minutes to mount wachusett ski area,
Unit Size
816 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$232
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1960

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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 #72903838)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Oct 4, 2021 Listed by Lamacchia Realty, Inc. $189,000
Listed by Lamacchia Realty, Inc.
Jun 23, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • 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: 65,340
  • Total Building Area: 816
  • Gross Building Area: 1,632
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721103

Geography

  • Parcel: RUTL M:64 B:C L:3
  • Block: C
  • Lot: 3
  • Municipality: RUTLAND
  • Latitude: 42.4142
  • Longitude: -71.9276

    Address

  • Full Address: 151 Ridge Rd
  • Address - House Number: 151
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rutland
  • Carrier Code: R005
  • 4-Digit Zip Code: 2016
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $321,600

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 290,717
  • High Value: 347,791
  • Low Value: 233,643

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,400
  • Assessed Land Value: $88,200
  • Assessed Improvements Value: $146,200

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 178156
  • Previous Sale Recording Date: Jun 23, 2020
  • Previous Sale Contract Date: Jun 01, 2020
  • Previous Sale Amount: $129,900
  • 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 Worcester

Stats & Trends

Median Asking:

$499,999

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2393 ft²

Average Home Age

64.7 years

Currently For Sale

2091 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 years ago
Data Source: MLS PIN, MLS# 72903838

Frequently Asked Questions

When was property at 151 Ridge Road built and last sold?
The property at 151 Ridge Road was built in 1960 and last sold on Dec 21, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 151 Ridge Road is $0.
What are some comparable homes to 151 Ridge Road?
There are currently no comparable homes to 151 Ridge Road.
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