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Quincy 02169 Merrymount
38 Ridgeway Drive
$621,500
● House - Off Market

38 Ridgeway Drive

Quincy, MA 02169
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,967 Ft²
$1,020,621
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

This is the house! This is the neighborhood! The home you have driven by and always admired. Merrymount.Start with this unique version of the farmers porch. Partly enclosed by screen and partly open with 2 trex decks. One car garage with an additional workshop room. Oversized lot. Three large bedrooms, modern kitchen, custom dining room and large fireplace livingroom. Den leads to a large great room , gas heated and 75% glass Central air through out. No showings until open houses .
Unit Size
1,967 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$333
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1925

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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 #72177482)

Price History

Date / Event Date Event Price
Sep 28, 2017 Sold
Premium
Sold
Jun 7, 2017 Listed by Flavin & Flavin Real Estate $654,900
Listed by Flavin & Flavin Real Estate
Mar 22, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,247
  • Total Building Area: 1,997
  • Gross Building Area: 3,950
  • Building Area: 1,997
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,997
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quincy School District
  • School Tax School District: QUINCY SD
  • Census Tract: 417702

Zoning

  • Zoning: RESA

Geography

  • Account Number: 369001
  • Parcel: QUIN M:1105F B:17 L:331
  • Block: 17
  • Lot: 331
  • Municipality: QUINCY
  • Latitude: 42.2623
  • Longitude: -70.9978

    Address

  • Full Address: 38 Ridgeway Dr
  • Address - House Number: 38
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Quincy
  • Carrier Code: C047
  • 4-Digit Zip Code: 2322
  • Zip Code: 02169

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,022,600

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 951,548
  • High Value: 1,109,209
  • Low Value: 793,886

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $907,400
  • Assessed Land Value: $384,100
  • Assessed Improvements Value: $523,300

    Sales

  • Current Sale Recording Date: Sep 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92404
  • Previous Sale Recording Date: Mar 22, 1993
  • Previous Sale Amount: $171,500
  • 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 Merrymount

Stats & Trends

Median Asking:

$762,000

Sale Price/ft²

$489

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2601 ft²

Average Home Age

68.3 years

Currently For Sale

9 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 175 Centre Street, Quincy, MA, 02169

$2,925 /mo

  • 2 Beds
  • 2 Baths
  • 1,081 ft²
175 Centre Street #Presidential_noFireplace, Quincy, MA, 02169 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# 72177482

Frequently Asked Questions

When was property at 38 Ridgeway Drive built and last sold?
The property at 38 Ridgeway Drive was built in 1925 and last sold on Jan 1, 1970 for $621,500.
How much is this home worth?
The estimated value of the home located at 38 Ridgeway Drive is $670,700.
What are some comparable homes to 38 Ridgeway Drive?
There are currently no comparable homes to 38 Ridgeway Drive.
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