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Middlesex 01730
7 Cedar Ridge Drive
Photo of 7 Cedar Ridge Drive
Sold on Aug 30, 2006

1

Map

$525,000
● House - Off Market

7 Cedar Ridge Drive

Bedford, MA 01730
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,184 Ft²
$996,724
RealtyHop Estimate
81.55%
Since Sep 1, 2006
MA-Boston
Primary Model

About This Property

Solid built home on almost 1 acre of land at end of cul-de-sac in sought after neighborhood. Spacious fireplaced living room, formal dining room and updated kitchen. Enjoy the landscaped private back yard with gunite pool, and large field for games and sports. Situated in a central location, this home offers easy access to commuter routes.
Unit Size
2,184 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$251
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1962

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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: 5 months ago (MLSPIN #70411645)

Price History

Date / Event Date Event Price
Aug 30, 2006 Sold
Premium
Sold
Jun 22, 2006 Listed $549,000
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 7
  • Basement Area: 1,170
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,274
  • Total Building Area: 1,657
  • Gross Building Area: 3,110
  • Building Area: 1,657
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,657
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000856
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bedford School District
  • School Tax School District: BEDFORD SD
  • Census Tract: 359100

Zoning

  • Zoning: B

Geography

  • Parcel: BEDF M:056 P:0031
  • Municipality: BEDFORD
  • Latitude: 42.4916
  • Longitude: -71.2574

    Address

  • Full Address: 7 Cedar Ridge Dr
  • Address - House Number: 7
  • Address - Street Name: Cedar Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Bedford
  • Carrier Code: C001
  • 4-Digit Zip Code: 1806
  • Zip Code: 01730

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $912,700

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 961,331
  • High Value: 1,172,777
  • Low Value: 749,884

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $768,300
  • Assessed Land Value: $450,600
  • Assessed Improvements Value: $317,700

    Sales

  • Current Sale Recording Date: Aug 30, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00165860
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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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: 5 months ago
Data Source: MLS PIN, MLS# 70411645

Frequently Asked Questions

When was property at 7 Cedar Ridge Drive built and last sold?
The property at 7 Cedar Ridge Drive was built in 1962 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 7 Cedar Ridge Drive is $573,851.
What are some comparable homes to 7 Cedar Ridge Drive?
There are currently no comparable homes to 7 Cedar Ridge Drive.
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