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Leominster 01453
36 Ridgewood Drive
$225,000
● House - Off Market

36 Ridgewood Drive

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$405,554
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Incredible commuter location!  This 3 bedroom 2 bath raised ranch is just moments from Rt. 2 and 190.  Situated on a corner lot in a quiet neighborhood.  Main level features 3 bedrooms, a recently renovated bathroom, kitchen, dining room, and a huge living room with fireplace.  Lower level includes family room with fireplace, bonus room/office, plenty of storage space/workshop, and a second full bath waiting for your finishing touches.  Two driveways and a garage provide tons of parking.  New roof June 2015.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$163
Property Type
House
Property Taxes
$338
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: 6 months ago (MLSPIN #71878374)

Price History

Date / Event Date Event Price
Aug 31, 2015 Sold
Premium
Sold
Jul 23, 2015 Listed by Foster-Healey Real Estate $228,500
Listed by Foster-Healey Real Estate
Feb 1, 2002 Sold
Premium
Sold
Jun 15, 2001 Listed by Foster-Healey Real Estate $184,900
Listed by Foster-Healey Real Estate

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 25,874
  • Total Building Area: 1,400
  • Gross Building Area: 2,774
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEOMINSTER
  • Land Acres: 0000000594
  • 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:0047 L:0000
  • Block: 47
  • Municipality: LEOMINSTER
  • Latitude: 42.5269
  • Longitude: -71.7207

    Address

  • Full Address: 36 Ridgewood Dr
  • Address - House Number: 36
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Leominster
  • Carrier Code: C016
  • 4-Digit Zip Code: 7003
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 461,798
  • High Value: 548,673
  • Low Value: 374,923

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,200
  • Assessed Land Value: $121,500
  • Assessed Improvements Value: $234,700

    Sales

  • Current Sale Recording Date: Aug 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14010
  • Previous Sale Recording Date: Feb 01, 2002
  • Previous Sale Amount: $155,000
  • 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 Leominster

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$269

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2232 ft²

Average Home Age

83.8 years

Currently For Sale

90 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: 6 months ago
Data Source: MLS PIN, MLS# 71878374

Frequently Asked Questions

When was property at 36 Ridgewood Drive built and last sold?
The property at 36 Ridgewood Drive was built in 1965 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 36 Ridgewood Drive is $237,754.
What are some comparable homes to 36 Ridgewood Drive?
There are currently no comparable homes to 36 Ridgewood Drive.
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