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Middlesex 01450
16 Ridgewood Rd
Photo of 16 Ridgewood Rd
Sold on May 15, 2025

36

Map

Photo of 16 Ridgewood Rd
Photo of 16 Ridgewood Rd
$589,000
● House - Off Market

16 Ridgewood Rd

Groton, MA 01450
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,184 Ft²
$3,273
Est. Monthly
4.11%
Cap Rate

About This Property

NEW Listing!  A Single-Family LAKEHOUSE in Groton, MA.  The PERFECT Downsize, or Getaway Property, with a FULL Size 2-Car Garage, ON LOST LAKE/KNOPS POND, with a Boat House, Beautiful Water Frontage, Direct Access, and Dock Permission.  SINGLE-LEVEL, Main Floor Living with Mobility Accessible Features, and a Fully Functional, but Separate GUEST Quarters, Assisted Living, Live-In Opportunity, or Potential Apartment.  Well Maintained.  Central AIR.  Washer & Dryer on Main Floor and Lower Level. Stairlift/Chairlift between the Main and Lower Level.  Will Not Last.  Come NOW.
Unit Size
1,184 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$497
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1942

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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: 2 years ago (MLSPIN #73320910)

Price History

Date / Event Date Event Price
May 15, 2025 Sold
Premium
Sold
Jan 10, 2025 In contract -
In contract
Jan 3, 2025 Relisted $589,000
Relisted
Dec 23, 2024 In contract -
In contract
Dec 20, 2024 Listed $589,000
Listed
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 622
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 830
  • Gross Building Area: 2,442
  • Building Area: 830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 830
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton-Dunstable School District
  • School Tax School District: GROTN-DUNSTBLE
  • Census Tract: 326102

Zoning

  • Zoning: RA

Geography

  • Account Number: 4622
  • Parcel: GROT M:122 B:74 L:
  • Block: 74
  • Municipality: GROTON
  • Latitude: 42.5888
  • Longitude: -71.5284

    Address

  • Full Address: 16 Ridgewood Rd
  • Address - House Number: 16
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Groton
  • Carrier Code: R001
  • 4-Digit Zip Code: 2016
  • Zip Code: 01450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 368,268
  • High Value: 413,837
  • Low Value: 322,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,700
  • Assessed Land Value: $154,900
  • Assessed Improvements Value: $129,800

    Sales

  • Current Sale Recording Date: Sep 12, 1989
  • 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 Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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: 2 years ago
Data Source: MLS PIN, MLS# 73320910

Frequently Asked Questions

When was property at 16 Ridgewood Road built and last sold?
The property at 16 Ridgewood Road was built in 1942 and last sold on Jan 1, 1970 for $30,000.
How much is this home worth?
The estimated value of the home located at 16 Ridgewood Road is $0.
What are some comparable homes to 16 Ridgewood Road?
There are currently no comparable homes to 16 Ridgewood Road.
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