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Walpole 02081
116 Lewis Ave
$367,000
● House - Off Market

116 Lewis Ave

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,229 Ft²
$598,806
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Charming and affordable!  This classic cape, located close to Walpole town center, is not to be missed!  Spacious kitchen with new counters and stainless steel appliances.   Very nice dining room with hardwood floors, great for entertaining guests.  Good size living room has lovely fireplace and built in book shelves. One bedroom on the first floor allows flexibility of use.  Two good sized bedrooms on the second floor both with hardwood floors. A very large second floor cedar lined closet great for extra storage. Updates include 5yr old boiler, young roof and replacement windows.  Pretty flat back yard great for play or relaxation.  Desirable dead end street; very close to downtown Walpole and commuter rail.  Showings start Sat afternoon by appointment; OH Sunday 12-2.  Any offers will be reviewed after OH Sunday.
Unit Size
1,229 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$281
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1951

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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: 5 months ago (MLSPIN #71826017)

Price History

Date / Event Date Event Price
Aug 3, 2015 Sold
Premium
Sold
Apr 29, 2015 Listed by William Raveis Delta REALTORS® $344,900
Listed by William Raveis Delta REALTORS®
Mar 18, 2011 Sold
Premium
Sold
Nov 10, 2010 Listed by William Raveis Delta REALTORS® $314,900
Listed by William Raveis Delta REALTORS®

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 8,880
  • Total Building Area: 1,306
  • Gross Building Area: 2,384
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALPOLE
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411102

Geography

  • Account Number: D121248019
  • District: 307
  • Parcel: WALP M:00033 B:00298 L:00000
  • Block: 298
  • Municipality: WALPOLE
  • Latitude: 42.1367
  • Longitude: -71.2568

    Address

  • Full Address: 116 Lewis Ave
  • Address - House Number: 116
  • Address - Street Name: Lewis
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Walpole
  • Carrier Code: C008
  • 4-Digit Zip Code: 1802
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $680,000

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 621,820
  • High Value: 728,560
  • Low Value: 515,079

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,400
  • Assessed Land Value: $316,000
  • Assessed Improvements Value: $198,400

    Sales

  • Current Sale Recording Date: Aug 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74680
  • Previous Sale Recording Date: Mar 18, 2011
  • Previous Sale Amount: $296,000
  • 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 Walpole

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$386

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1621 ft²

Average Home Age

26.8 years

Currently For Sale

24 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# 71826017

Frequently Asked Questions

When was property at 116 Lewis Avenue built and last sold?
The property at 116 Lewis Avenue was built in 1951 and last sold on Jan 1, 1970 for $367,000.
How much is this home worth?
The estimated value of the home located at 116 Lewis Avenue is $354,453.
What are some comparable homes to 116 Lewis Avenue?
There are currently no comparable homes to 116 Lewis Avenue.
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