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Worcester 01585
16 Ridge Rd
$220,000
● House - Off Market

16 Ridge Rd

West Brookfield, MA 01585
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,066 Ft²
$322,292
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Come see this well maintained home in a beautiful location on Ridge Rd. This 7 room ranch is vinyl sided and has a 1 car garage. The living room has a picture window and there is a formal dining room. Enjoy the additional space in the bright, sun-room off the kitchen. Seller is currently using a bedroom as a dining room in addition to the two good-sized bedrooms. Seller to install 3 bedroom septic system prior to closing. In the basement, there is a large family room with a wood stove. This home has a gorgeous, level yard. Located just off Rt. 9,this location is great for commuters and is minutes to the center of town and the town common. A nice country setting to make this home your own! No showing till open house on Sunday, July 7, 2019.
Unit Size
1,066 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$206
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72528866)

Price History

Date / Event Date Event Price
Sep 3, 2019 Sold
Premium
Sold
Jul 3, 2019 Listed by Post Road Realty $219,900
Listed by Post Road Realty
Mar 6, 2014 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,025
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,066
  • Gross Building Area: 2,203
  • Building Area: 1,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,066
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • School Tax School District: QUABOAG RGNL SD
  • Census Tract: 724100

Zoning

  • Zoning: RR

Geography

  • Account Number: 3230090007200000
  • Parcel: WBFD M:009 B:00072 L:00000
  • Block: 72
  • Municipality: WEST BROOKFIELD
  • Latitude: 42.2257
  • Longitude: -72.1269

    Address

  • Full Address: 16 Ridge Rd
  • Address - House Number: 16
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Brookfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 2934
  • Zip Code: 01585

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $291,500

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 318,167
  • High Value: 381,629
  • Low Value: 254,705

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,100
  • Assessed Land Value: $41,300
  • Assessed Improvements Value: $201,800

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89926
  • Previous Sale Recording Date: Mar 06, 2014
  • Previous Sale Amount: $101,500
  • Previous Sale Document Type: 55
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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2391 ft²

Average Home Age

63.8 years

Currently For Sale

2099 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: 5 months ago
Data Source: MLS PIN, MLS# 72528866

Frequently Asked Questions

When was property at 16 Ridge Road built and last sold?
The property at 16 Ridge Road was built in 1971 and last sold on Aug 22, 2019 for $220,000.
How much is this home worth?
The estimated value of the home located at 16 Ridge Road is $226,809.
What are some comparable homes to 16 Ridge Road?
There are currently no comparable homes to 16 Ridge Road.
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