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Leominster 01453
23 Ridgewood Cir
$200,500
● House - Off Market

23 Ridgewood Cir

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$354,530
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Location, Location, Location! This three bedroom one bath ranch is nestled on a slight hill overlooking the Ridgewood Circle cul-de-sac. Ideal for families and commuters, it is only minutes away from easy access to Rt. 2 & I-190, the Orchard Hill Park Plaza's retail shops and restaurants, as well as the Orchard Hill Athletic Club. The house has hardwood floors throughout the first floor, and a gas fireplace in the living room. The finished basement and the big, level, shaded backyard with mature trees provide plenty of room for activities. Plus the large two-car garage has great additional space for storage. Passed Title V.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$179
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1965

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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 #72039431)

Price History

Date / Event Date Event Price
Sep 30, 2016 Sold
Premium
Sold
Jul 15, 2016 Listed by Kinlin Grover Real Estate $210,000
Listed by Kinlin Grover Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,482
  • Total Building Area: 1,176
  • Gross Building Area: 2,928
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leominster School District
  • School Tax School District: LEOMINSTER SD
  • Census Tract: 709501

Geography

  • Parcel: LEOM M:0330 B:0037 L:0000
  • Block: 37
  • Municipality: LEOMINSTER
  • Latitude: 42.5271
  • Longitude: -71.7213

    Address

  • Full Address: 23 Ridgewood Cir
  • Address - House Number: 23
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Leominster
  • Carrier Code: C016
  • 4-Digit Zip Code: 3470
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $521,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 437,385
  • High Value: 522,293
  • Low Value: 352,476

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,800
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $210,800

    Sales

  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17204
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 Leominster

Stats & Trends

Median Asking:

$469,950

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2280 ft²

Average Home Age

76.8 years

Currently For Sale

99 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# 72039431

Frequently Asked Questions

When was property at 23 Ridgewood Circle built and last sold?
The property at 23 Ridgewood Circle was built in 1965 and last sold on Jan 1, 1970 for $200,500.
How much is this home worth?
The estimated value of the home located at 23 Ridgewood Circle is $217,340.
What are some comparable homes to 23 Ridgewood Circle?
There are currently no comparable homes to 23 Ridgewood Circle.
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