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Bristol 02771
249 Ledge Rd
$254,000
● House - Off Market

249 Ledge Rd

Seekonk, MA 02771
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,014 Ft²
$352,183
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Two Bedroom Ranch Style Home  on a nice Corner Lot.  Private  backyard with patio area, and an over sized  detached two car garage w/ lots of storage.  Large Open Kitchen area,  Washer  and Dryer  are conveniently located on the first floor.  Vinyl Replacement windows, new gas hot water heater in 2019,  New oil tank in 2012 and new septic was installed in 2012. Conveniently located across from Seekonk High School, and close To YMCA, Shopping, Dining, & Highways,
Unit Size
1,014 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$250
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1880

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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 #72658843)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
May 20, 2020 Listed by Blu Sky Real Estate $254,000
Listed by Blu Sky Real Estate
Jun 18, 2012 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 754
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,014
  • Gross Building Area: 1,768
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Seekonk School District
  • School Tax School District: SEEKONK SD
  • Census Tract: 632200

Zoning

  • Zoning: R1

Geography

  • Parcel: SEEK M:0190 B:0000 L:06010
  • Lot: 6010
  • Municipality: SEEKONK
  • Latitude: 41.8338
  • Longitude: -71.3335

    Address

  • Full Address: 249 Ledge Rd
  • Address - House Number: 249
  • Address - Street Name: Ledge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Seekonk
  • Carrier Code: C010
  • 4-Digit Zip Code: 5211
  • Zip Code: 02771

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $370,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2699
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 49
  • Final Value: 345,921
  • High Value: 463,963
  • Low Value: 227,879

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $299,700
  • Assessed Land Value: $140,100
  • Assessed Improvements Value: $159,600

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32704
  • Previous Sale Recording Date: Jun 18, 2012
  • Previous Sale Amount: $154,000
  • 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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2315 ft²

Average Home Age

71.5 years

Currently For Sale

1116 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72658843

Frequently Asked Questions

When was property at 249 Ledge Road built and last sold?
The property at 249 Ledge Road was built in 1880 and last sold on Jul 31, 2020 for $254,000.
How much is this home worth?
The estimated value of the home located at 249 Ledge Road is $260,260.
What are some comparable homes to 249 Ledge Road?
There are currently no comparable homes to 249 Ledge Road.
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