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Russell 01071
62 Ridgewood Dr
$164,000
● House - Off Market

62 Ridgewood Dr

Russell, MA 01071
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,750 Ft²
$242,678
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

No need to look any further! You are now home! This large 2bedroom cape also features a loft that could be used as a 3rd bedroom. House features hardwood floors throughout much of the house, as well as a large living room for family enjoyment. The oversized back yard is very private and lets you feel like you are in the woods while still remaining close to amenities. Affordable rare find, make your appointment today!
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$91
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1954

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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: 4 months ago (MLSPIN #72387769)

Price History

Date / Event Date Event Price
Nov 15, 2018 Sold
Premium
Sold
Sep 4, 2018 Listed by Coldwell Banker Residential Brokerage - Longmeadow $159,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Apr 30, 2014 Sold
Premium
Sold
Jan 29, 2014 Listed by Coldwell Banker Residential Brokerage - Longmeadow $149,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 19,920
  • Total Building Area: 1,897
  • Gross Building Area: 3,820
  • Building Area: 1,897
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,897
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000457
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gateway School District
  • Census Tract: 813002

Geography

  • Parcel: RUSS M:0013 B:0002 L:0020
  • Block: 2
  • Lot: 20
  • Municipality: RUSSELL
  • Latitude: 42.1929
  • Longitude: -72.8636

    Address

  • Full Address: 62 Ridgewood Dr
  • Address - House Number: 62
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Russell
  • Carrier Code: R777
  • 4-Digit Zip Code: 9686
  • Zip Code: 01071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $401,000

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 278,418
  • High Value: 338,390
  • Low Value: 218,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,600
  • Assessed Land Value: $68,500
  • Assessed Improvements Value: $147,100

    Sales

  • Current Sale Recording Date: Nov 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68429
  • Previous Sale Recording Date: Apr 30, 2014
  • Previous Sale Amount: $149,900
  • Previous Sale Document Type: O
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 Russell

Stats & Trends

Median Asking:

$279,000

Sale Price/ft²

$260

Above Asking

0.00%

Average Days on Market

56

Average Home Size

1974 ft²

Average Home Age

76 years

Currently For Sale

1 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# 72387769

Frequently Asked Questions

When was property at 62 Ridgewood Drive built and last sold?
The property at 62 Ridgewood Drive was built in 1954 and last sold on Jan 1, 1970 for $164,000.
How much is this home worth?
The estimated value of the home located at 62 Ridgewood Drive is $161,917.
What are some comparable homes to 62 Ridgewood Drive?
There are currently no comparable homes to 62 Ridgewood Drive.
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