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Hampden
51 Ridgeway Rd
$225,000
● House - Off Market

51 Ridgeway Rd

Hampden, MA 01036
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,296 Ft²
$408,062
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

You'll love this attractive vinyl sided 3 bedrm Ranch, freshly redecorated, ready to move in. Spacious Great Rm, lg stone fireplace/wood stv & beam ceiling. All applianced kitchen, stone backsplash, CT flr & dining area. Huge dining rm, fireplace & pic window. Beaut hardwood doors & floors, even under WW, (except great rm). Awesome basement w/3 rms & bath for teens/in-laws. Effic newer washer & dryer remain. Central-air, extra attic & basement insull (APO). Passed Title V. Great yard with deck, shed, 10 car parking & oversized att 2 car garage with storage.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$177
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1956

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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 #71825043)

Price History

Date / Event Date Event Price
Dec 9, 2015 Sold
Premium
Sold
Apr 27, 2015 Listed by Dot Lortie Realty / Landmark $229,900
Listed by Dot Lortie Realty / Landmark

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 3
  • Basement Area: 1,976
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 1,296
  • Gross Building Area: 3,028
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001040
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hampden-Wilbraham School District
  • Census Tract: 813500

Zoning

  • Zoning: R4

Geography

  • Account Number: 1174
  • Parcel: HAMP M:0022 B:0121 L:0
  • Block: 121
  • Municipality: HAMPDEN
  • Latitude: 42.0833
  • Longitude: -72.4506

    Address

  • Full Address: 51 Ridgeway Rd
  • Address - House Number: 51
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hampden
  • Carrier Code: R014
  • 4-Digit Zip Code: 9731
  • Zip Code: 01036

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $582,700

    Appraisal Valuation

  • Standard Deviation: 0.244
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 329,933
  • High Value: 410,439
  • Low Value: 249,428

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,400
  • Assessed Land Value: $84,400
  • Assessed Improvements Value: $261,000

    Sales

  • Current Sale Recording Date: Dec 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70018
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2154 ft²

Average Home Age

78.6 years

Currently For Sale

809 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71825043

Frequently Asked Questions

When was property at 51 Ridgeway Road built and last sold?
The property at 51 Ridgeway Road was built in 1956 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 51 Ridgeway Road is $236,246.
What are some comparable homes to 51 Ridgeway Road?
There are currently no comparable homes to 51 Ridgeway Road.
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