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Dedham 02026
1 Magennis Lane
$575,000
● House - Off Market

1 Magennis Lane

Dedham, MA 02026
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,884 Ft²
$742,065
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Looking for great space inside and out? Look no further!  This oversized raised ranch offers a lovely fire placed living room, large eat in kitchen, dining room, cathedral ceiling family room, three generous bedrooms, a family bath and master half bath all on the main level. The lower level with direct access to the two car garage offers a great fire placed play room, laundry room, bonus fourth bedroom or office and half bath.  Situated on a pretty private lot the yard has lovely perennial gardens, decking and a fantastic gunite in-ground pool.  A short drive to all major routes and a short walk to Legacy Place, Dedham Corp. Commuter rail stop and Dedham Square makes this home a commuters dream. Scheduled showings Friday 4-6pm and Saturday 11-2pm. Please call to confirm showing time.
Unit Size
1,884 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$297
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1964

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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: 5 months ago (MLSPIN #72676146)

Price History

Date / Event Date Event Price
Aug 18, 2020 Sold
Premium
Sold
Jun 17, 2020 Listed by Donahue Real Estate Co. $559,000
Listed by Donahue Real Estate Co.

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 112
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,173
  • Total Building Area: 1,656
  • Gross Building Area: 3,408
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000486
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dedham School District
  • School Tax School District: DEDHAM SD
  • Census Tract: 402500

Zoning

  • Zoning: B

Geography

  • Parcel: DEDH M:0134 L:0024
  • Lot: 24
  • Municipality: DEDHAM
  • Latitude: 42.2363
  • Longitude: -71.1858

    Address

  • Full Address: 1 Magennis Ln
  • Address - House Number: 1
  • Address - Street Name: Magennis
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dedham
  • Carrier Code: C023
  • 4-Digit Zip Code: 5826
  • Zip Code: 02026

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $819,600

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 759,168
  • High Value: 876,335
  • Low Value: 642,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $638,300
  • Assessed Land Value: $331,600
  • Assessed Improvements Value: $306,700

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83730
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 Dedham

Stats & Trends

Median Asking:

$729,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2384 ft²

Average Home Age

63.8 years

Currently For Sale

65 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: 5 months ago
Data Source: MLS PIN, MLS# 72676146

Frequently Asked Questions

When was property at 1 Magennis Lane built and last sold?
The property at 1 Magennis Lane was built in 1964 and last sold on Jul 27, 2020 for $575,000.
How much is this home worth?
The estimated value of the home located at 1 Magennis Lane is $581,949.
What are some comparable homes to 1 Magennis Lane?
There are currently no comparable homes to 1 Magennis Lane.
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