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Waltham 02453 Bank Square
31 Rockridge Road
$569,000
● House - Off Market

31 Rockridge Road

Waltham, MA 02453
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,884 Ft²
$891,234
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

HIGHLY DESIRABLE CEDARWOOD COMMUNITY!  Prestigious Brick Bungalow Colonial Featuring the Unspoiled Charm of Yesteryear with an Oversized Fireplaced Living Room with Beamed Ceilings, Original Kitchen with Dining Area & Built in China Hutch, NEWLY Refinished Hardwood Floors, 1st Floor Den, 2 Bedrooms & Full Bath, 1st Floor Laundry, 2nd Floor Master Bedroom with Private Bath & Storage Room, Relaxing Front Porch, Private 1/4 Acre Yard, Newer 2015 Roof, Garage, and More!  Convenient to Brandeis University, Rt. 128, Mass Pike, Public Transportation, Shopping, and Parks.
Unit Size
1,884 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$302
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1940

Payment Calculator

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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 #72235252)

Price History

Date / Event Date Event Price
Feb 26, 2018 Sold
Premium
Sold
Nov 17, 2017 Sold
Premium
Sold
Sep 28, 2017 Listed by Coldwell Banker Residential Brokerage - Waltham $569,900
Listed by Coldwell Banker Residential Brokerage - Waltham

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,319
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,375
  • Total Building Area: 1,884
  • Gross Building Area: 4,020
  • Building Area: 1,884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,884
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000284
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368400

Zoning

  • Zoning: 1

Geography

  • Account Number: 97692
  • Parcel: WALT M:058 B:032 L:0014
  • Block: 32
  • Lot: 14
  • Municipality: WALTHAM
  • Latitude: 42.3729
  • Longitude: -71.2575

    Address

  • Full Address: 31 Rockridge Rd
  • Address - House Number: 31
  • Address - Street Name: Rockridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C010
  • 4-Digit Zip Code: 7716
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $766,400

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 766,907
  • High Value: 914,295
  • Low Value: 619,519

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $795,000
  • Assessed Land Value: $449,200
  • Assessed Improvements Value: $345,800

    Sales

  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 26265
  • Previous Sale Recording Date: Feb 26, 2018
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 54
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 Bank Square

Stats & Trends

Median Asking:

$849,999

Sale Price/ft²

$480

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2494 ft²

Average Home Age

88.1 years

Currently For Sale

14 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 70 Hope Ave, Waltham, MA, 02453

$4,597 /mo

  • 3 Beds
  • 2 Baths
  • 1,516 ft²
70 Hope Ave #Weston, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,330 /mo

  • 2 Beds
  • 2 Baths
  • 1,112 ft²
237 Moody St. #2 Bedrooms L, Waltham, MA, 02453 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# 72235252

Frequently Asked Questions

When was property at 31 Rockridge Road built and last sold?
The property at 31 Rockridge Road was built in 1940 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 31 Rockridge Road is $593,846.
What are some comparable homes to 31 Rockridge Road?
There are currently no comparable homes to 31 Rockridge Road.
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