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Marblehead 01945
21 Ridge Rd
$665,000
● House - Off Market

21 Ridge Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,141 Ft²
$1,097,026
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

WYMAN COVE!! The architectural tenet "family form and function" is exemplified in this welcoming residence. Sited on a caul-de-sac neighboring conservation land, this exceptionally renovated home boasts a granite Chefs Kitchen with custom cabinetry, bamboo flooring, and access to the over sized private deck. Fireplaced grand living room is absolutely sun drenched with gleaming hardwood floors. Open floor plan and flow allow for easy living and quick access to the areas vast exterior amenities. Private master suite includes generous closet space and bath. A stone's throw to schools, bike paths, conservation land, ponds, and beaches. This is IT!!
Unit Size
2,141 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$313
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1954

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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: 4 months ago (MLSPIN #72025191)

Price History

Date / Event Date Event Price
Jan 6, 2017 Sold
Premium
Sold
Jun 17, 2016 Listed by William Raveis R.E. & Home Services $669,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,100
  • Total Building Area: 2,478
  • Gross Building Area: 4,076
  • Building Area: 2,478
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,478
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0101 B:0026 L:0
  • Block: 26
  • Municipality: MARBLEHEAD
  • Latitude: 42.4989
  • Longitude: -70.8718

    Address

  • Full Address: 21 Ridge Rd
  • Address - House Number: 21
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 2246
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,071,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,052,128
  • High Value: 1,232,365
  • Low Value: 871,890

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,195,800
  • Assessed Land Value: $887,000
  • Assessed Improvements Value: $308,800

    Sales

  • Current Sale Recording Date: Jan 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 458
  • Previous Sale Recording Date: Jan 06, 2017
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: O
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 Marblehead

Stats & Trends

Median Asking:

$992,000

Sale Price/ft²

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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: 4 months ago
Data Source: MLS PIN, MLS# 72025191

Frequently Asked Questions

When was property at 21 Ridge Road built and last sold?
The property at 21 Ridge Road was built in 1954 and last sold on Jan 1, 1970 for $665,000.
How much is this home worth?
The estimated value of the home located at 21 Ridge Road is $686,869.
What are some comparable homes to 21 Ridge Road?
There are currently no comparable homes to 21 Ridge Road.
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