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Mansfield Center 02048
115 Park Street
$318,000
● House - Off Market

115 Park Street

Mansfield, MA 02048
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,052 Ft²
$497,689
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Location, Location, Location!!! Beautiful Park Street in the Back Bay of Mansfield.  Walk to town, schools, trains and bike path. Perfect size home for first time buyer or anyone looking to downsize. Enter the home in a warm and inviting heated breezeway which also has door leading out to the deck and beautiful backyard.  Large eat in Kitchen with dining area leading to the living room with fireplace, in-lay hardwood floors, oversize front windows which allow for plenty of natural light. Room in basement with walk in cedar closet and electric heat, great for playroom. Utility side has gas oven, kitchen sink with cabinets and new toilet. Furnace 5 years old, roof 12 years old, replacement windows and newer granite walkway. With TLC and your personal touches could be perfect.
Unit Size
1,052 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$313
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1954

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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 #72353920)

Price History

Date / Event Date Event Price
Aug 31, 2018 Sold
Premium
Sold
Jun 27, 2018 Listed by NextHome Ross Realty Group $329,000
Listed by NextHome Ross Realty Group
Jan 30, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 12,890
  • Total Building Area: 902
  • Gross Building Area: 2,436
  • Building Area: 902
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 902
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mansfield School District
  • School Tax School District: MANSFIELD SD
  • Census Tract: 610100

Geography

  • Account Number: 3582
  • District: 167
  • Parcel: MANS M:027 B:237
  • Block: 237
  • Lot: 237
  • Municipality: MANSFIELD
  • Latitude: 42.0268
  • Longitude: -71.2107

    Address

  • Full Address: 115 Park St
  • Address - House Number: 115
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mansfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2348
  • Zip Code: 02048

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,300

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 504,952
  • High Value: 589,826
  • Low Value: 420,078

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $408,400
  • Assessed Land Value: $227,300
  • Assessed Improvements Value: $181,100

    Sales

  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33581
  • Previous Sale Recording Date: Jan 30, 1998
  • Previous Sale Amount: $137,100
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Mansfield Center

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$359

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2148 ft²

Average Home Age

81 years

Currently For Sale

18 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: 5 months ago
Data Source: MLS PIN, MLS# 72353920

Frequently Asked Questions

When was property at 115 Park Street built and last sold?
The property at 115 Park Street was built in 1954 and last sold on Jan 1, 1970 for $318,000.
How much is this home worth?
The estimated value of the home located at 115 Park Street is $333,485.
What are some comparable homes to 115 Park Street?
There are currently no comparable homes to 115 Park Street.
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