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Malden 02148 Oak Grove
2 Ridgewood Road
$305,000
● House - Off Market

2 Ridgewood Road

Malden, MA 02148
bedrooms
5 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
3,022 Ft²
$710,856
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

A gorgeous turn-of-the-century home w/a spectacular Boston skyline view & terraced garden area.  The 34' encl. porch leads to huge foyer with sitting bench and twice-turning wide oak staircase w/large Palladian window.  Dbl pocket drs to the LR w/long curved bench & dbl pocket doors to the Din Rm w/FP, deep wainscoted window seats; butler's pantry w/oval copper sink. 9' ceilings. Antique kitchen w/lndry & lav w/skylight. Master Bdrm w/sitting rm. Orig. baths w/waterclsts & marble sinks need work
Unit Size
3,022 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$115
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1900

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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 #71387574)

Price History

Date / Event Date Event Price
Jun 29, 2012 Sold
Premium
Sold
May 22, 2012 Listed by Coldwell Banker Residential Brokerage - Winchester $349,000
Listed by Coldwell Banker Residential Brokerage - Winchester

Property Highlights

Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,582
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,786
  • Total Building Area: 3,055
  • Gross Building Area: 5,732
  • Building Area: 3,055
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,055
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000202
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Malden School District
  • School Tax School District: MALDEN SD
  • Census Tract: 341101

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:009 B:052 L:202
  • Block: 52
  • Lot: 202
  • Municipality: MALDEN
  • Latitude: 42.4347
  • Longitude: -71.0754

    Address

  • Full Address: 2 Ridgewood Rd
  • Address - House Number: 2
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Malden
  • Carrier Code: C010
  • 4-Digit Zip Code: 1213
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $964,100

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 972,062
  • High Value: 1,151,016
  • Low Value: 793,108

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $824,700
  • Assessed Land Value: $347,100
  • Assessed Improvements Value: $477,600

    Sales

  • Current Sale Recording Date: Jun 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000013
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 Oak Grove

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$535

Above Asking

0.00%

Average Days on Market

48

Average Home Size

2096 ft²

Average Home Age

113.5 years

Currently For Sale

8 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 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71387574

Frequently Asked Questions

When was property at 2 Ridgewood Road built and last sold?
The property at 2 Ridgewood Road was built in 1900 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 2 Ridgewood Road is $349,120.
What are some comparable homes to 2 Ridgewood Road?
There are currently no comparable homes to 2 Ridgewood Road.
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