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Worcester 01540
2 Pine Ridge
Photo of 2 Pine Ridge
Sold on Jun 22, 2009

1

Map

$205,000
● House - Off Market

2 Pine Ridge

Oxford, MA 01540
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,325 Ft²
$443,078
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Not a short sale or bank owned property!  This home is move-in ready w/ many updates thru-out including a new kitchen w/maple cabinets, corian counter-tops, stainless steel appliances,NEW Red-Oak Hardwoods thru-out the house. This spacious ranch offers 3 Bedrooms/handicap accessible (wide doorways & 2 ramps allowing access to the front and rear of house). Lg. Master Bedroom 16x21 with bathroom access and walk-in closet. Located in a great residential neighborhood.
Unit Size
1,325 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$162
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1971

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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 #70901959)

Price History

Date / Event Date Event Price
Jun 22, 2009 Sold
Premium
Sold
Apr 13, 2009 Listed $215,000
Listed
Jan 31, 2007 Sold
Premium
Sold
Sep 30, 2006 Listed $215,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,225
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 1,325
  • Gross Building Area: 3,122
  • Building Area: 1,325
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,325
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Oxford School District
  • School Tax School District: OXFORD SD
  • Census Tract: 753100

Zoning

  • Zoning: R3

Geography

  • Account Number: 33AC45
  • Parcel: OXFO M:33A B:C45
  • Block: C45
  • Municipality: OXFORD
  • Latitude: 42.1155
  • Longitude: -71.8808

    Address

  • Full Address: 2 Pine Ridge Dr
  • Address - House Number: 2
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Oxford
  • Carrier Code: R002
  • 4-Digit Zip Code: 1908
  • Zip Code: 01540

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $415,900

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 403,562
  • High Value: 478,867
  • Low Value: 328,257

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $308,500
  • Assessed Land Value: $80,100
  • Assessed Improvements Value: $228,400

    Sales

  • Current Sale Recording Date: Jun 22, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 00071181
  • Previous Sale Recording Date: Jan 31, 2007
  • Previous Sale Amount: $195,000
  • Previous 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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: 4 months ago
Data Source: MLS PIN, MLS# 70901959

Frequently Asked Questions

When was property at 2 Pine Ridge Drive built and last sold?
The property at 2 Pine Ridge Drive was built in 1971 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 2 Pine Ridge Drive is $224,767.
What are some comparable homes to 2 Pine Ridge Drive?
There are currently no comparable homes to 2 Pine Ridge Drive.
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