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Bristol
1 Margaret Rd
$415,000
● House - Off Market

1 Margaret Rd

Berkley, MA 02779
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,196 Ft²
$540,584
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

DEADLINE TO SUBMIT HIGHEST & BEST OFFERS SUNDAY AUGUST 16th BY 5 PM !  Berkley's Best Buy ! Great Location !  Convenient access to Rt. 24 & 495!  New Central Air !  New Exterior Paint! New Septic System (being installed prior to closing). Beautiful 3 bedroom 2 baths , Hip Roof Raised Ranch on Cul De Sac!  Fire placed Livingroom with Hardwood floors!, Dining room has hardwood floors and slider to 14 x 14  deck overlooking beautiful yard with fruit trees and large garden area.  Large attached Garage with work area and sub panel. Partially finished lower level is expandable.
Unit Size
1,196 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$334
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1989

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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 #72707154)

Price History

Date / Event Date Event Price
Sep 28, 2020 Sold
Premium
Sold
Aug 10, 2020 Listed by Realty Executives Metro South $399,900
Listed by Realty Executives Metro South

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,104
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,196
  • Gross Building Area: 2,300
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Berkley School District
  • School Tax School District: BERKLEY SD
  • Census Tract: 616100

Zoning

  • Zoning: R1

Geography

  • Parcel: BERK M:016.0 B:0053 L:0004.0
  • Block: 53
  • Lot: 4.0
  • Municipality: BERKLEY
  • Latitude: 41.8415
  • Longitude: -71.0534

    Address

  • Full Address: 1 Margaret Rd
  • Address - House Number: 1
  • Address - Street Name: Margaret
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Berkley
  • Carrier Code: R003
  • 4-Digit Zip Code: 1123
  • Zip Code: 02779

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $571,100

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 559,297
  • High Value: 650,528
  • Low Value: 468,066

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,700
  • Assessed Land Value: $124,900
  • Assessed Improvements Value: $333,800

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43464
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

0.02%

Average Days on Market

60

Average Home Size

2269 ft²

Average Home Age

69.6 years

Currently For Sale

1147 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# 72707154

Frequently Asked Questions

When was property at 1 Margaret Road built and last sold?
The property at 1 Margaret Road was built in 1989 and last sold on Sep 28, 2020 for $415,000.
How much is this home worth?
The estimated value of the home located at 1 Margaret Road is $404,563.
What are some comparable homes to 1 Margaret Road?
There are currently no comparable homes to 1 Margaret Road.
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