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Foxborough 02035
81 Ridge Road
$450,000
● House - Off Market

81 Ridge Road

Foxboro, MA 02035
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,341 Ft²
$447,193
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Opportunity knocks with this lake front home located on the desirable Neponset Reservoir! This home is a diamond in the rough and is waiting for you to make it your own! The current home has a replacement roof and patio many Andersen windows and a generic generator. The first floor currently offers a full bath kitchen area and plenty additional space with beautiful lake views. The upstairs has 2 bedrooms a partially finished full bath and bonus space for an additional family room and that has access to a deck with gorgeous water views! A detached 2 car garage. Endless opportunity to create your waterfront dream home! Home sold as is title v failed buyer and agent to do their due diligence this is best suited for a cash buyer, **Multiple Offers, Highest and Best Due Tomorrow 7/19 at 9:00am**
Unit Size
1,341 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$336
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1900

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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 #73136296)

Price History

Date / Event Date Event Price
Sep 14, 2023 Sold
Premium
Sold
Jul 21, 2023 In contract -
In contract
Jul 13, 2023 Listed by ERA Key Realty Services - Westborough $450,000
Listed by ERA Key Realty Services - Westborough
Jun 17, 1980 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • 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: 10,740
  • Total Building Area: 1,341
  • Gross Building Area: 1,701
  • Building Area: 1,341
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,341
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000247
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Foxborough School District
  • School Tax School District: FOXBORO RGNL
  • Census Tract: 410400

Geography

  • Account Number: 340000847
  • District: 99
  • Parcel: FOXB M:034 L:015
  • Lot: 15
  • Municipality: FOXBORO
  • Latitude: 42.0834
  • Longitude: -71.2455

    Address

  • Full Address: 81 Ridge Rd
  • Address - House Number: 81
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C014
  • 4-Digit Zip Code: 1417
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $577,100

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 498,182
  • High Value: 591,735
  • Low Value: 404,630

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $427,200
  • Assessed Land Value: $269,200
  • Assessed Improvements Value: $158,000

    Sales

  • Current Sale Contract Date: Sep 14, 2023
  • Current Sale Recording Date: Sep 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60071
  • Previous Sale Recording Date: Jun 17, 1980
  • Previous Sale Amount: $27,500
  • 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 Foxborough

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1620 ft²

Average Home Age

60.8 years

Currently For Sale

9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73136296

Frequently Asked Questions

When was property at 81 Ridge Road built and last sold?
The property at 81 Ridge Road was built in 1900 and last sold on Sep 14, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 81 Ridge Road is $455,206.
What are some comparable homes to 81 Ridge Road?
There are currently no comparable homes to 81 Ridge Road.
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