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Belmont 02478 Waverley Square
16 Ridge Road
$365,000
● House - Off Market

16 Ridge Road

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,646 Ft²
$1,032,637
RealtyHop Estimate
195.12%
Since Jun 1, 2000
MA-Boston
Primary Model

About This Property

WELL MAINTAINED HOME; CAN USE AS 5 BDRM OR W/OFFICE/STUDY: BDRM IN 3RD FLR NOT HEATED.EAT IN KITCHEN. POSSIBLE TWO FAMILY CONVERSION.
Unit Size
1,646 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$213
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1911

Payment Calculator

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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 years ago (MLSPIN #30387992)

Price History

Date / Event Date Event Price
May 15, 2000 Sold
Premium
Sold
Feb 25, 2000 Listed by Barrett Sotheby's International Realty $349,900
Listed by Barrett Sotheby's International Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,027
  • Total Building Area: 1,791
  • Building Area: 1,791
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,791
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belmont School District
  • School Tax School District: BELMONT SD
  • Census Tract: 357600

Zoning

  • Zoning: R

Geography

  • Parcel: BELM M:15 P:000130 S:
  • Municipality: BELMONT
  • Latitude: 42.381
  • Longitude: -71.1864

    Address

  • Full Address: 16 Ridge Rd
  • Address - House Number: 16
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C032
  • 4-Digit Zip Code: 1245
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,308,300

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,237,455
  • High Value: 1,455,966
  • Low Value: 1,018,944

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,164,000
  • Assessed Land Value: $738,000
  • Assessed Improvements Value: $426,000

    Sales

  • Current Sale Recording Date: May 15, 2000
  • Current Sale Price:
    Premium
  • Current 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 Waverley Square

Stats & Trends

Median Asking:

$925,000

Sale Price/ft²

$567

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2176 ft²

Average Home Age

96.8 years

Currently For Sale

13 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

Unit for rent at 20 Watertown St., Watertown, MA, 02472

$3,465 /mo

  • 2 Beds
  • 2 Baths
  • 1,319 ft²
20 Watertown St. #2 Bedrooms I, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 51 Nyack Avenue, LANSDOWNE, PA, 19050

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
51 Nyack Avenue #6, LANSDOWNE, PA, 19050 Listing by John M Sacks-Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30387992

Frequently Asked Questions

When was property at 16 Ridge Road built and last sold?
The property at 16 Ridge Road was built in 1911 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 16 Ridge Road is $0.
What are some comparable homes to 16 Ridge Road?
There are currently no comparable homes to 16 Ridge Road.
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