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Middlesex 01463
40 Ridge Road
$409,200
● House - Off Market

40 Ridge Road

Pepperell, MA 01463
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,784 Ft²
$717,626
RealtyHop Estimate
73.80%
Since Oct 1, 2005
National-US
Primary Model

About This Property

Inviting three bedroom Hip Roof Colonial offering gleaming maple floors, freshly painted interior, new silstone countertops in the kitchen, fireplaced family room, pocket French doors and chair rail molding. Third floor walk up for future expansion,partially finished lower level and central air conditioning. Picturesque patio,garden,irrigation systm and nice back yard completes this young home.
Unit Size
1,784 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$231
Property Type
House
Property Taxes
$290
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: 4 months ago (MLSPIN #70219021)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Premium
Sold
Oct 20, 2020 Listed by CENTURY 21 Nashoba Associates $410,000
Listed by CENTURY 21 Nashoba Associates
Sep 16, 2005 Sold
Premium
Sold
Jul 1, 2005 Listed by CENTURY 21 Nashoba Associates $412,900
Listed by CENTURY 21 Nashoba Associates
Oct 29, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 920
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,879
  • Total Building Area: 1,784
  • Gross Building Area: 3,824
  • Building Area: 1,784
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,784
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000915
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327101

Zoning

  • Zoning: RCR

Geography

  • Parcel: PEPP M:0006 B:0101 L:00000
  • Block: 101
  • Municipality: PEPPERELL
  • Latitude: 42.699
  • Longitude: -71.5589

    Address

  • Full Address: 40 Ridge Rd
  • Address - House Number: 40
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R008
  • 4-Digit Zip Code: 1454
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $670,300

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 574,870
  • High Value: 669,887
  • Low Value: 479,852

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $467,100
  • Assessed Land Value: $142,700
  • Assessed Improvements Value: $324,400

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 244689
  • Previous Sale Recording Date: Sep 16, 2005
  • Previous Sale Amount: $409,200
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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 5 Pats, Hollis, 03049

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 2,675 ft²
5 Pats #A, Hollis, 03049 Listing by Supriya Gupta

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70219021

Frequently Asked Questions

When was property at 40 Ridge Road built and last sold?
The property at 40 Ridge Road was built in 1993 and last sold on Dec 15, 2020 for $451,000.
How much is this home worth?
The estimated value of the home located at 40 Ridge Road is $436,563.
What are some comparable homes to 40 Ridge Road?
There are currently no comparable homes to 40 Ridge Road.
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