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Braintree Town 02184 South Braintree
12 Carter Rd
$515,000
● House - Off Market

12 Carter Rd

Braintree, MA 02184
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,484 Ft²
$2,876
Est. Monthly

About This Property

Bring your contractor and vision for this arts and crafts style home that has been in the same family for over 50 years. The house is in need of a complete makeover inside and out but it's worth the effort. Large and level 10,000+ sf lot, 2 car detached garage and tons of potential. Hardwood floors under some carpet. This ideal location is less than a mile to Sunset Lake, Braintree High School, and Braintree Municipal Golf course with easy access to the highway and MBTA station. This home will probably not qualify for conventional financing and will be sold AS IS. Cash or private financing only. PLEASE DO NOT WALK THE PROPERTY UNACCOMPANIED.
Unit Size
1,484 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$337
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1918

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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 #73161230)

Price History

Date / Event Date Event Price
Jan 29, 2024 Sold
Premium
Sold
Sep 22, 2023 In contract -
In contract
Sep 20, 2023 Listed by Success! Real Estate $500,000
Listed by Success! Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 816
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,398
  • Total Building Area: 1,484
  • Gross Building Area: 2,809
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Braintree School District
  • School Tax School District: BRAINTREE SD
  • Census Tract: 419800

Zoning

  • Zoning: B

Geography

  • District: 40
  • Parcel: BRAI M:1041 B:0 L:81
  • Lot: 81
  • Municipality: BRAINTREE
  • Latitude: 42.1994
  • Longitude: -71.0168

    Address

  • Full Address: 12 Carter Rd
  • Address - House Number: 12
  • Address - Street Name: Carter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Braintree
  • Carrier Code: C012
  • 4-Digit Zip Code: 6908
  • Zip Code: 02184

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $534,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0704
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 95
  • Final Value: 490,635
  • High Value: 525,187
  • Low Value: 456,083

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $563,300
  • Assessed Land Value: $330,500
  • Assessed Improvements Value: $232,800

    Sales

  • Current Sale Contract Date: Jan 20, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 1531790
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 South Braintree

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$408

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2085 ft²

Average Home Age

50.7 years

Currently For Sale

22 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

Unit for rent at 790 Willard Street, Quincy, MA, 02169

$2,850 /mo

  • 1 Bed
  • 1 Bath
  • 978 ft²
790 Willard Street #1D, Quincy, MA, 02169 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73161230

Frequently Asked Questions

When was property at 12 Carter Road built and last sold?
The property at 12 Carter Road was built in 1918 and last sold on Jan 20, 2024 for $515,000.
How much is this home worth?
The estimated value of the home located at 12 Carter Road is $508,147.
What are some comparable homes to 12 Carter Road?
There are currently no comparable homes to 12 Carter Road.
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