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Essex
8 Ledgewood
Photo of 8 Ledgewood
Sold on Dec 5, 2007

1

Map

$940,000
● House - Off Market

8 Ledgewood

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,993 Ft²
$1,723,321
RealtyHop Estimate
81.59%
Since Jan 1, 2008
National-US
Primary Model

About This Property

Post & Beam in wooded setting near Dexter Pond, Sweeney Park, schools & golf course. Open living areas w/skylights, cathedral ceilings & lots of windows!  Terrific home for family & entertaining with good flow, dining room w/fireplace & wetbar.  Child's room with playroom attached.  Beautiful guest suite with fireplace and separate entrance.  Refinished floors, new windows, new bathrooms, kitchen with new stainless appliances...extensive deck, screened porch and more...just move in and enjoy!
Unit Size
3,993 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$238
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1974

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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 #70649900)

Price History

Date / Event Date Event Price
Dec 5, 2007 Sold
Premium
Sold
Sep 18, 2007 Listed $949,000
Listed
Jul 12, 2002 Sold
Premium
Sold
Oct 16, 2001 Listed $685,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 1,520
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,499
  • Total Building Area: 4,099
  • Gross Building Area: 6,438
  • Building Area: 4,099
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,099
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST ACRES
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: A

Geography

  • District: 166
  • Parcel: MANC M:0035 B:0000 L:0006
  • Lot: 6
  • Municipality: MANCHESTER
  • Latitude: 42.5834
  • Longitude: -70.7525

    Address

  • Full Address: 8 Ledgewood Rd
  • Address - House Number: 8
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Manchester
  • Carrier Code: C005
  • 4-Digit Zip Code: 1262
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,118,900

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,534,723
  • High Value: 1,776,114
  • Low Value: 1,293,332

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,196,700
  • Assessed Land Value: $380,500
  • Assessed Improvements Value: $816,200

    Sales

  • Current Sale Recording Date: Dec 05, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 12, 2002
  • Previous Sale Amount: $655,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 70649900

Frequently Asked Questions

When was property at 8 Ledgewood Road built and last sold?
The property at 8 Ledgewood Road was built in 1974 and last sold on Jan 1, 1970 for $940,000.
How much is this home worth?
The estimated value of the home located at 8 Ledgewood Road is $974,319.
What are some comparable homes to 8 Ledgewood Road?
There are currently no comparable homes to 8 Ledgewood Road.
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