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Essex
5 Ledgewood Circle
$573,000
● House - Off Market

5 Ledgewood Circle

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,842 Ft²
$1,561,038
RealtyHop Estimate
160.61%
Since Apr 1, 2002
National-US
Primary Model

About This Property

WONDERFUL CUSTOM CONTEMPORARY ON CUL-DE-SAC. MASTER SUITE WITH JACUZZI, GLASSED SUNROOM LEADS TO LANDSCAPED GROUNDS WITH ORIENTAL FLAIR AND DELIGHTFUL BRIDGE WITH BROOK RUNNING THROUGH, LOVELY PERENNIALS,KNOWN NEIGHBORHOOD.SCREENED SUNRM
Unit Size
2,842 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$211
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1981

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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 years ago (MLSPIN #30500423)

Price History

Date / Event Date Event Price
Mar 29, 2002 Sold
Premium
Sold
Apr 24, 2001 Listed by Coldwell Banker Realty - Chelmsford $599,000
Listed by Coldwell Banker Realty - Chelmsford
Feb 17, 1998 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 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: 31,633
  • Total Building Area: 3,020
  • Gross Building Area: 4,239
  • Building Area: 3,020
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,020
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000726
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: A

Geography

  • District: 166
  • Parcel: MANC M:0035 B:0000 L:0012
  • Lot: 12
  • Municipality: MANCHESTER
  • Latitude: 42.5821
  • Longitude: -70.7503

    Address

  • Full Address: 5 Ledgewood Cir
  • Address - House Number: 5
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Manchester
  • Carrier Code: C005
  • 4-Digit Zip Code: 1261
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $952,600

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,241,650
  • High Value: 1,436,944
  • Low Value: 1,046,355

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,018,800
  • Assessed Land Value: $392,600
  • Assessed Improvements Value: $626,200

    Sales

  • Current Sale Recording Date: Mar 29, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 17, 1998
  • Previous Sale Amount: $415,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 4 years ago
Data Source: MLS PIN, MLS# 30500423

Frequently Asked Questions

When was property at 5 Ledgewood Circle built and last sold?
The property at 5 Ledgewood Circle was built in 1981 and last sold on Jan 1, 1970 for $573,000.
How much is this home worth?
The estimated value of the home located at 5 Ledgewood Circle is $0.
What are some comparable homes to 5 Ledgewood Circle?
There are currently no comparable homes to 5 Ledgewood Circle.
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