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Middlesex 01463
8 Ridge Road
$263,900
● House - Off Market

8 Ridge Road

Pepperell, MA 01463
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,286 Ft²
$824,751
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

YOUNG COL IN SHATTUCK ESTATES W/BRIGHT, OPEN FLR PLN.LGE TILED KIT W/ISLAND & DINING AREA W/BAY WIN. FR W/NEW BERBER CPT & FP.8'SLIDER TO DECK/WALKUP ATTIC/SKYLITE.WALKOUT BSMT. PARTIALLY FIN. EXTERIOR BEING PAINTED. NICE ACRE LOT
Unit Size
2,286 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$114
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1993

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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 years ago (MLSPIN #30309408)

Price History

Date / Event Date Event Price
Apr 9, 2021 Sold
Premium
Sold
Feb 4, 2021 Listed $549,500
Listed
Jul 30, 1999 Sold
Premium
Sold
Apr 11, 1999 Listed $259,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 5
  • 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: 1,320
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,218
  • Total Building Area: 3,032
  • Gross Building Area: 5,270
  • Building Area: 3,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000969
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327101

Zoning

  • Zoning: RCR

Geography

  • Parcel: PEPP M:0006 B:0086 L:00000
  • Block: 86
  • Municipality: PEPPERELL
  • Latitude: 42.698
  • Longitude: -71.5624

    Address

  • Full Address: 8 Ridge Rd
  • Address - House Number: 8
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R008
  • 4-Digit Zip Code: 1454
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $809,100

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 698,180
  • High Value: 805,311
  • Low Value: 591,050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $563,800
  • Assessed Land Value: $144,200
  • Assessed Improvements Value: $419,600

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81152
  • Previous Sale Recording Date: Jul 30, 1999
  • Previous Sale Amount: $263,900
  • 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 Middlesex

Stats & Trends

Median Asking:

$819,500

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2704 ft²

Average Home Age

65.5 years

Currently For Sale

3310 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30309408

Frequently Asked Questions

When was property at 8 Ridge Road built and last sold?
The property at 8 Ridge Road was built in 1993 and last sold on Apr 9, 2021 for $585,000.
How much is this home worth?
The estimated value of the home located at 8 Ridge Road is $0.
What are some comparable homes to 8 Ridge Road?
There are currently no comparable homes to 8 Ridge Road.
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