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Worcester 01585
Lot 7 Ridge Rd.
$100,000
● Land - Off Market

Lot 7 Ridge Rd.

Hardwick, MA 01585
bedrooms
Studio
bathrooms
0 Bath
$269,923
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Views across Moose Brook Valley and Preserve that will simply take your breath away.  (go to: http://eqlt.org/?page_id=71  for more information.)  This premium land is in the beautiful and quaint town of Hardwick on scenic Ridge Rd.   Flat from the road back to the tree line where you'll find your sweeping vista and the stone walls that add to the beauty.  Hardwick is home to the Eagle Hill Cultural Center, Olympic level equestrian center, several working farms and so much more.
Unit Size
-
Days on Market
-
Land Size
3.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1
HOA Dues
-
Year Built
1976

Payment Calculator

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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 #71327453)

Price History

Date / Event Date Event Price
Nov 23, 2012 Sold
Premium
Sold
Feb 17, 2012 Sold
Premium
Sold
Jan 14, 2012 Listed by Real Living Realty Professionals, LLC $125,000
Listed by Real Living Realty Professionals, LLC
Oct 25, 2011 Listed by Real Living Realty Professionals, LLC $214,900
Listed by Real Living Realty Professionals, LLC
Sep 8, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 3
  • Building Style: 4
  • 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: 2
  • Basement Area: 384
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,750
  • Total Building Area: 2,880
  • Gross Building Area: 4,344
  • Building Area: 2,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,880
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000660
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • School Tax School District: QUABOAG RGNL SD
  • Census Tract: 724100

Zoning

  • Zoning: RR

Geography

  • Account Number: 3230090008000000
  • Parcel: WBFD M:009 B:00080 L:00000
  • Block: 80
  • Municipality: WEST BROOKFIELD
  • Latitude: 42.2254
  • Longitude: -72.1281

    Address

  • Full Address: 7 Ridge Rd
  • Address - House Number: 7
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Brookfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 2930
  • Zip Code: 01585

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $387,800

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 429,496
  • High Value: 503,241
  • Low Value: 355,751

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,400
  • Assessed Land Value: $42,900
  • Assessed Improvements Value: $280,500

    Sales

  • Current Sale Recording Date: Feb 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Sep 08, 2009
  • Previous Sale Amount: $224,900
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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: 4 months ago
Data Source: MLS PIN, MLS# 71327453

Frequently Asked Questions

When was property at 7 Ridge Road built and last sold?
The property at 7 Ridge Road was built in 1976 and last sold on Jan 1, 1970 for $195,000.
How much is this home worth?
The estimated value of the home located at 7 Ridge Road is $126,250.
What are some comparable homes to 7 Ridge Road?
There are currently no comparable homes to 7 Ridge Road.
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