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Essex
9 Ledgewood Rd
$887,000
● House - Off Market

9 Ledgewood Rd

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,125 Ft²
$1,301,674
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Exceptionally maintained 4 bedroom Colonial on approximately 1/2 acre low maintenance lot on quiet street not far from Manchester village,with French doors leading to spectacular sun room which provides lots of sunlight. A wood deck and patio located off the sunroom. The kitchen consists of  granite, stainless, hardwood and breakfast counter which opens into a family room with a brick fireplace.There is a half bath and laundry on this level. The large master bedroom has a walk-in closet and and a spacious master bath with an over sized tile shower. The other bedrooms are also good size. There is a second full bath with tub and shower. The attic and large area under sun room provides lots of additional storage. Walkout basement could be easily finished if needed. Attached 2 car garage.
Unit Size
3,125 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$284
Property Type
House
Property Taxes
$800
HOA Dues
-
Year Built
1972

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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 #72426466)

Price History

Date / Event Date Event Price
Jul 25, 2019 Sold
Premium
Sold
Nov 24, 2018 Listed by J. Barrett & Company $887,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • 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: 1,360
  • 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: 3,125
  • Gross Building Area: 5,505
  • Building Area: 3,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,125
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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:0023
  • Lot: 23
  • Municipality: MANCHESTER
  • Latitude: 42.5827
  • Longitude: -70.7519

    Address

  • Full Address: 9 Ledgewood Rd
  • Address - House Number: 9
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Manchester
  • Carrier Code: C005
  • 4-Digit Zip Code: 1263
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,088,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,419,735
  • High Value: 1,643,988
  • Low Value: 1,195,482

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,164,100
  • Assessed Land Value: $380,500
  • Assessed Improvements Value: $783,600

    Sales

  • Current Sale Contract Date: Jul 25, 2019
  • Current Sale Recording Date: Jul 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190725004460
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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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# 72426466

Frequently Asked Questions

When was property at 9 Ledgewood Road built and last sold?
The property at 9 Ledgewood Road was built in 1972 and last sold on Jul 25, 2019 for $887,000.
How much is this home worth?
The estimated value of the home located at 9 Ledgewood Road is $910,535.
What are some comparable homes to 9 Ledgewood Road?
There are currently no comparable homes to 9 Ledgewood Road.
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