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Middlesex
29 Elmridge Road
$350,000
● House - Off Market

29 Elmridge Road

Stow, MA 01775
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,595 Ft²
$862,505
RealtyHop Estimate
140.25%
Since Mar 1, 2003
National-US
Primary Model

About This Property

LAST HOUSE ON A CUL-DE-SAC IN A N'HOOD SETTING! LEVEL LAND- SCAPED LOT W/STONE WALL. 9 YR YOUNG COL W/FARMERS PORCH, CT FOYER, E-I OAK CAB KIT W/DOOR TO CEDAR DECK, BREAKFAST ROOM, FORM DR W/PINE FLR, MBR W/HIS & HERS CLOSETS, EXPANDABLE LL.
Unit Size
1,595 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$225
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1993

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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: 6 months ago (MLSPIN #30650322)

Price History

Date / Event Date Event Price
Feb 10, 2003 Sold
Premium
Sold
Sep 24, 2002 Listed by Keller Williams Realty $359,000
Listed by Keller Williams Realty
Nov 24, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 906
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,206
  • Total Building Area: 1,658
  • Gross Building Area: 2,852
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STOW FARMS
  • Land Acres: 0000000395
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 323101

Zoning

  • Zoning: R

Geography

  • Account Number: R-30 0014-3
  • Parcel: STOW M:000R-30 P:014 -3
  • Municipality: STOW
  • Latitude: 42.4363
  • Longitude: -71.4902

    Address

  • Full Address: 29 Elm Ridge Rd
  • Address - House Number: 29
  • Address - Street Name: Elm Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Stow
  • Carrier Code: R002
  • 4-Digit Zip Code: 1199
  • Zip Code: 01775

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $951,200

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 721,564
  • High Value: 833,242
  • Low Value: 609,886

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,500
  • Assessed Land Value: $281,700
  • Assessed Improvements Value: $278,800

    Sales

  • Current Sale Recording Date: Feb 10, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1084
  • Previous Sale Recording Date: Nov 24, 1993
  • Previous Sale Amount: $163,787
  • 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 Middlesex

Stats & Trends

Median Asking:

$822,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 6 months ago
Data Source: MLS PIN, MLS# 30650322

Frequently Asked Questions

When was property at 29 Elm Ridge Road built and last sold?
The property at 29 Elm Ridge Road was built in 1993 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 29 Elm Ridge Road is $380,631.
What are some comparable homes to 29 Elm Ridge Road?
There are currently no comparable homes to 29 Elm Ridge Road.
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