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Bristol
1 Locust Ave.
$325,000
● House - Off Market

1 Locust Ave.

Rehoboth, MA 02769
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,750 Ft²
$459,179
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

FOUR BEDROOM, TWO BATHROOM, MOVE-IN-READY!!!  Come have a look at this picturesque home situated in the center of Rehoboth Village and directly on scenic Village Pond. The house has been skillfully and lovingly updated and restored over its life while retaining a lot of the special original features. Newer roof, Newer granite in the kitchen, New stainless steel appliances, Newer bathrooms, a newer heating system, a full paint job, Anderson Windows, etc,etc. The antique "wide pine" floors have been refinished and the laundry is on the first floor, no more daily trips into the basement. The wrap around driveway and 2 useful outbuildings give the property a nice New England feel. This is a wonderful opportunity to make this home your own and add to this property's long history.
Unit Size
2,750 Ft²
Days on Market
-
Land Size
1.41 acres
Price per sqft
$118
Property Type
House
Property Taxes
$326
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 #72628992)

Price History

Date / Event Date Event Price
May 12, 2020 Sold
Premium
Sold
Mar 5, 2020 Listed by Tri Town Associates $324,900
Listed by Tri Town Associates
Jun 17, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,178
  • Total Building Area: 2,442
  • Gross Building Area: 5,216
  • Building Area: 2,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,442
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001427
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dighton-Rehoboth School District
  • Census Tract: 633200

Geography

  • Parcel: REHO M:00033 B:00045
  • Block: 45
  • Municipality: REHOBOTH
  • Latitude: 41.8407
  • Longitude: -71.2515

    Address

  • Full Address: 1 Locust Ave
  • Address - House Number: 1
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Rehoboth
  • Carrier Code: R007
  • 4-Digit Zip Code: 2320
  • Zip Code: 02769

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $507,000

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 553,510
  • High Value: 657,216
  • Low Value: 449,803

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,300
  • Assessed Land Value: $207,600
  • Assessed Improvements Value: $238,700

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18657
  • Previous Sale Recording Date: Jun 17, 2019
  • Previous Sale Contract Date: Jun 17, 2019
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: O
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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2289 ft²

Average Home Age

71.1 years

Currently For Sale

1138 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 months ago
Data Source: MLS PIN, MLS# 72628992

Frequently Asked Questions

When was property at 1 Locust Avenue built and last sold?
The property at 1 Locust Avenue was built in 1900 and last sold on May 12, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 1 Locust Avenue is $352,564.
What are some comparable homes to 1 Locust Avenue?
There are currently no comparable homes to 1 Locust Avenue.
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