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Worcester 01543
59 Ridge Rd
Photo of 59 Ridge Rd
Sold on Nov 17, 2009

1

Map

$295,000
● House - Off Market

59 Ridge Rd

Rutland, MA 01543
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,768 Ft²
$667,053
RealtyHop Estimate
111.83%
Since Dec 1, 2009
National-US
Primary Model

About This Property

Lovely turn key Colonial with 6 room, 3 bedroom, 2.5 bath built in 2007.  Features a nice level 1.5 acre wooded lot nestled in a country setting with waterfall and koi pond in backyard. Kitchen has stainless steel appliances, maple cabinets with center island and breakfast nook.  Front to back living room featuring hardwoods, fireplace and slider to deck.  Master bath has walk in closet and master bath w/ jacuzzi tub.
Unit Size
1,768 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$178
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
2007

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70979350)

Price History

Date / Event Date Event Price
Nov 17, 2009 Sold
Premium
Sold
Sep 23, 2009 Listed $314,900
Listed
Nov 2, 2007 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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: 0
  • Building Style: 5
  • 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: 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: 65,340
  • Total Building Area: 1,768
  • Gross Building Area: 3,616
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721103

Geography

  • Parcel: RUTL M:64 B:C L:7.01
  • Block: C
  • Lot: 7.01
  • Municipality: RUTLAND
  • Latitude: 42.4092
  • Longitude: -71.9163

    Address

  • Full Address: 59 Ridge Rd
  • Address - House Number: 59
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rutland
  • Carrier Code: R005
  • 4-Digit Zip Code: 2016
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $621,000

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 564,330
  • High Value: 654,932
  • Low Value: 473,727

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,600
  • Assessed Land Value: $88,200
  • Assessed Improvements Value: $364,400

    Sales

  • Current Sale Recording Date: Nov 17, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00135874
  • Previous Sale Recording Date: Nov 02, 2007
  • Previous Sale Amount: $340,833
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70979350

Frequently Asked Questions

When was property at 59 Ridge Road built and last sold?
The property at 59 Ridge Road was built in 2007 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 59 Ridge Road is $326,897.
What are some comparable homes to 59 Ridge Road?
There are currently no comparable homes to 59 Ridge Road.
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