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Winchester 01890 Winchester Town Center
8 Ravine Road
Photo of 8 Ravine Road
Sold on May 29, 2008

1

Map

$923,500
● House - Off Market

8 Ravine Road

Winchester, MA 01890
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,041 Ft²
$1,576,190
RealtyHop Estimate
97.27%
Since Jun 1, 2008
MA-Boston
Primary Model

About This Property

Location, location, walk to town, public transportation, park and Fells Reservation.  Spacious three bedroom ranch, sunfilled living room features a fireplace built-in bookcases and hardwood floor  Pine panelled basement with fireplace and two cedar closets. Note:  Backyard lot line is the tree line not the fence. Half Bath in basement.
Unit Size
3,041 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$263
Property Type
House
Property Taxes
$829
HOA Dues
-
Year Built
1957

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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 #70743783)

Price History

Date / Event Date Event Price
May 30, 2008 Sold
Premium
Sold
Apr 14, 2008 Listed $799,000
Listed
Sep 10, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,742
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,119
  • Total Building Area: 3,041
  • Gross Building Area: 4,048
  • Building Area: 3,041
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,041
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLNA 19978A
  • Land Acres: 0000000393
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338300

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:016 B:0200 L:0
  • Block: 200
  • Municipality: WINCHESTER
  • Latitude: 42.45
  • Longitude: -71.1419

    Address

  • Full Address: 8 Ravine Rd
  • Address - House Number: 8
  • Address - Street Name: Ravine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winchester
  • Carrier Code: C003
  • 4-Digit Zip Code: 2615
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,934,100

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,836,038
  • High Value: 2,160,881
  • Low Value: 1,511,194

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,707,100
  • Assessed Land Value: $1,253,400
  • Assessed Improvements Value: $453,700

    Sales

  • Current Sale Recording Date: May 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01473973
  • Previous Sale Recording Date: Sep 10, 1987
  • Previous Sale Amount: $350,000
  • 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 Winchester Town Center

Stats & Trends

Median Asking:

$1,349,000

Sale Price/ft²

$563

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2089 ft²

Average Home Age

67.3 years

Currently For Sale

33 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# 70743783

Frequently Asked Questions

When was property at 8 Ravine Road built and last sold?
The property at 8 Ravine Road was built in 1957 and last sold on Jan 1, 1970 for $925,000.
How much is this home worth?
The estimated value of the home located at 8 Ravine Road is $866,247.
What are some comparable homes to 8 Ravine Road?
There are currently no comparable homes to 8 Ravine Road.
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