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Worcester
8 Ridgewood Drive
Photo of 8 Ridgewood Drive
Sold on Nov 28, 2007

1

Map

$400,000
● House - Off Market

8 Ridgewood Drive

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,198 Ft²
$734,647
RealtyHop Estimate
79.23%
Since Dec 1, 2007
National-US
Primary Model

About This Property

Young, open concept colonial with quality appointments throughout. Sunny, two story foyer greets you. Large, wainscotted dining room opens to spacious kitchen, dining area and family room. Large master beroom with walk in closet and master bathroom. Other 2 bedrooms are also spacious. This home is set on one acre in a quiet neighborhood. Seasonal views.
Unit Size
2,198 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$186
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70657575)

Price History

Date / Event Date Event Price
Jun 22, 2017 Sold
Premium
Sold
Nov 28, 2007 Sold
Premium
Sold
Oct 2, 2007 Listed $409,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,174
  • Total Building Area: 2,098
  • Gross Building Area: 4,262
  • Building Area: 2,098
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,098
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001060
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 719100

Geography

  • District: 282
  • Parcel: STER M:00001 L:00004
  • Lot: 4
  • Municipality: STERLING
  • Latitude: 42.4896
  • Longitude: -71.8196

    Address

  • Full Address: 8 Ridgewood Rd
  • Address - House Number: 8
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R003
  • 4-Digit Zip Code: 2051
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $837,200

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 673,325
  • High Value: 784,034
  • Low Value: 562,616

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,000
  • Assessed Land Value: $151,100
  • Assessed Improvements Value: $477,900

    Sales

  • Current Sale Recording Date: Jun 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64991
  • Previous Sale Recording Date: Nov 28, 2007
  • Previous Sale Amount: $400,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 70657575

Frequently Asked Questions

When was property at 8 Ridgewood Drive built and last sold?
The property at 8 Ridgewood Drive was built in 1998 and last sold on Jan 1, 1970 for $419,500.
How much is this home worth?
The estimated value of the home located at 8 Ridgewood Drive is $425,581.
What are some comparable homes to 8 Ridgewood Drive?
There are currently no comparable homes to 8 Ridgewood Drive.
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