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Belmont 02478 Waverley Square
21 Ridge Rd.
$840,000
● House - Off Market

21 Ridge Rd.

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,949 Ft²
$1,104,014
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Escape to this warm and inviting colonial set on a quiet side street in highly-sought after Belmont neighborhood. 3 levels of restored architectural finishes with 4 generously-sized bedrooms, 1.5 renovated baths, formal dining room, spacious living room, captivating gourmet kitchen. This beautiful home retains its amazing period detail along with great natural light, high ceilings and hardwood floors throughout. 2 Additional bonus office/playrooms. Central AC, Garage parking. Professionally landscaped and exquisite private grounds -- perfect for all kinds of outdoor fun! Proximity to Cushing Square, Belmont Center, schools, parks, public transportation, Cambridge and Boston.
Unit Size
1,949 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$446
Property Type
House
Property Taxes
$776
HOA Dues
-
Year Built
1910

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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: 5 years ago (MLSPIN #72723216)

Price History

Date / Event Date Event Price
Dec 9, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed by Coldwell Banker Realty - Belmont $869,900
Listed by Coldwell Banker Realty - Belmont

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 3,653
  • Total Building Area: 1,877
  • Building Area: 1,877
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,877
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000084
  • 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:000143 S:
  • Municipality: BELMONT
  • Latitude: 42.3807
  • Longitude: -71.1861

    Address

  • Full Address: 21 Ridge Rd
  • Address - House Number: 21
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C032
  • 4-Digit Zip Code: 1244
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,104,900

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,173,551
  • High Value: 1,381,826
  • Low Value: 965,276

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $983,000
  • Assessed Land Value: $681,000
  • Assessed Improvements Value: $302,000

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 233786
  • Previous Sale Recording Date: Jul 31, 2014
  • 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 Waverley Square

Stats & Trends

Median Asking:

$937,450

Sale Price/ft²

$568

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2156 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

$3,590 /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: 5 years ago
Data Source: MLS PIN, MLS# 72723216

Frequently Asked Questions

When was property at 21 Ridge Road built and last sold?
The property at 21 Ridge Road was built in 1910 and last sold on Dec 4, 2020 for $840,000.
How much is this home worth?
The estimated value of the home located at 21 Ridge Road is $0.
What are some comparable homes to 21 Ridge Road?
There are currently no comparable homes to 21 Ridge Road.
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