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Waltham 02452 Piety Corner
61 Ledge Rd
$780,000
● House - Off Market

61 Ledge Rd

Waltham, MA 02452
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,300 Ft²
$1,244,773
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Incredible opportunity to own in one of the most prestigious neighborhoods in Waltham.  Tucked away on a very quiet street, this contemporary 1-owner home sits on an over-sized sloping lot within walking distance of Bentley University, Waltham High School, and Waltham Veteran's Fields.  Just off Forest Street, this home awaits your personal touches to create your own family memories for generations to come.  Homes in this neighborhood just don't come on the market very often.  You won't believe how big the family room is, and the pristine garage is big enough to protect all your prized possessions.  Newer roof, new automatic garage door opener.  With a few upgrades this home would be ready for its new owner. This home is being sold as is.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$378
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1970

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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 #72510044)

Price History

Date / Event Date Event Price
Sep 18, 2019 Sold
Premium
Sold
May 31, 2019 Listed by Attorney Gary J. Marchese $870,000
Listed by Attorney Gary J. Marchese

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,528
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,812
  • Total Building Area: 2,257
  • Gross Building Area: 3,687
  • Building Area: 2,257
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,257
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368901

Zoning

  • Zoning: 1

Geography

  • Account Number: 63193
  • Parcel: WALT M:043 B:003 L:0018
  • Block: 3
  • Lot: 18
  • Municipality: WALTHAM
  • Latitude: 42.3922
  • Longitude: -71.2245

    Address

  • Full Address: 61 Ledge Rd
  • Address - House Number: 61
  • Address - Street Name: Ledge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Waltham
  • Carrier Code: C055
  • 4-Digit Zip Code: 4730
  • Zip Code: 02452

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $919,800

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,091,101
  • High Value: 1,260,732
  • Low Value: 921,471

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $954,100
  • Assessed Land Value: $551,100
  • Assessed Improvements Value: $403,000

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 141806
  • Previous Sale Recording Date: Nov 08, 2016
  • 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 Piety Corner

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$464

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1790 ft²

Average Home Age

50.2 years

Currently For Sale

13 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 70 Hope Ave, Waltham, MA, 02453

$3,422 /mo

  • 2 Beds
  • 2 Baths
  • 1,141 ft²
70 Hope Ave #Holden, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,246 ft²
237 Moody St. #2 Bedrooms X, Waltham, MA, 02453 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# 72510044

Frequently Asked Questions

When was property at 61 Ledge Road built and last sold?
The property at 61 Ledge Road was built in 1970 and last sold on Aug 30, 2019 for $780,000.
How much is this home worth?
The estimated value of the home located at 61 Ledge Road is $880,342.
What are some comparable homes to 61 Ledge Road?
There are currently no comparable homes to 61 Ledge Road.
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