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Norfolk 02054
278 Ridge Street
Photo of 278 Ridge Street
Sold on Jun 25, 2004

1

Map

$419,000
● House - Off Market

278 Ridge Street

Millis, MA 02054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$809,384
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model

About This Property

Absolutely charming Gambrel Cape located on Sherborn line. All new appliances in kitchen. Hardwood floors throughout. Newly painted in and out. French doors to huge deck overlooks private picturesque back yard. 4 Years old detached oversized 2 car garage. Beautiful grounds and gardens. Pristine condition.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
1.84 acres
Price per sqft
$279
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1974

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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: 5 months ago (MLSPIN #70026690)

Price History

Date / Event Date Event Price
Jun 25, 2004 Sold
Premium
Sold
Apr 30, 2004 Listed $429,000
Listed
Aug 29, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 80,150
  • Total Building Area: 2,112
  • Gross Building Area: 3,668
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001840
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407101

Geography

  • Parcel: MILL M:003 B:0000009
  • Block: 9
  • Municipality: MILLIS
  • Latitude: 42.1929
  • Longitude: -71.3757

    Address

  • Full Address: 278 Ridge St
  • Address - House Number: 278
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Millis
  • Carrier Code: R001
  • 4-Digit Zip Code: 1033
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $946,000

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 719,576
  • High Value: 831,023
  • Low Value: 608,128

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,100
  • Assessed Land Value: $216,100
  • Assessed Improvements Value: $360,000

    Sales

  • Current Sale Recording Date: Jun 25, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12565
  • Previous Sale Recording Date: Aug 29, 1997
  • Previous Sale Amount: $196,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$757,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2500 ft²

Average Home Age

60.7 years

Currently For Sale

1426 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70026690

Frequently Asked Questions

When was property at 278 Ridge Street built and last sold?
The property at 278 Ridge Street was built in 1974 and last sold on Jan 1, 1970 for $419,000.
How much is this home worth?
The estimated value of the home located at 278 Ridge Street is $444,369.
What are some comparable homes to 278 Ridge Street?
There are currently no comparable homes to 278 Ridge Street.
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