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Belmont 02478 Waverley Square
22 Ridge Rd
$635,000
● House - Off Market

22 Ridge Rd

Belmont, MA 02478
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,725 Ft²
$1,275,708
RealtyHop Estimate
108.16%
Since Jan 1, 2013
MA-Boston
Primary Model

About This Property

Move-in-ready 5 bed/1.5 baths Colonial. Updated in 2009 with designer kitchen & baths, refinished hardwood floor, freshly painted interior, new 200 amp electrical, and new roof (2009). Basement newly finished in 2011 with Humidity-resistant DRIcore subfloor and laundry room with new high-end washer and dryer. High-end appliances to convey with sale. 1-car garage/2-car driveway. Professionally landscaped.
Unit Size
1,725 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$355
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1908

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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 #71440533)

Price History

Date / Event Date Event Price
Dec 7, 2012 Sold
Premium
Sold
Sep 26, 2012 Listed by Willard Realty Group $612,850
Listed by Willard Realty Group
Aug 14, 2009 Sold
Premium
Sold
May 11, 2009 Listed by Willard Realty Group $509,000
Listed by Willard Realty Group
May 12, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 8
  • 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: 19
  • 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: 5,243
  • Total Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,652
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • 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:000131 S:
  • Municipality: BELMONT
  • Latitude: 42.381
  • Longitude: -71.1861

    Address

  • Full Address: 22 Ridge Rd
  • Address - House Number: 22
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belmont
  • Carrier Code: C032
  • 4-Digit Zip Code: 1245
  • Zip Code: 02478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,218,400

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,317,780
  • High Value: 1,525,550
  • Low Value: 1,110,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,084,000
  • Assessed Land Value: $746,000
  • Assessed Improvements Value: $338,000

    Sales

  • Current Sale Recording Date: Dec 07, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000026
  • Previous Sale Recording Date: Aug 14, 2009
  • Previous Sale Amount: $509,700
  • 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:

$925,000

Sale Price/ft²

$567

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2176 ft²

Average Home Age

94.8 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

$3,530 /mo

  • 2 Beds
  • 2 Baths
  • 1,322 ft²
20 Watertown St. #2 Bedrooms J, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71440533

Frequently Asked Questions

When was property at 22 Ridge Road built and last sold?
The property at 22 Ridge Road was built in 1908 and last sold on Jan 1, 1970 for $635,000.
How much is this home worth?
The estimated value of the home located at 22 Ridge Road is $637,811.
What are some comparable homes to 22 Ridge Road?
There are currently no comparable homes to 22 Ridge Road.
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