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Boston 02124 Lower East Mills - Cedar Grove
15 Oconnell Rd
$930,000
● House - Off Market

15 Oconnell Rd

Boston, MA 02124
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,388 Ft²
$948,663
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Construction underway!  Complete renovation down to studs plus new addition.  3 bedrooms. 2.5 baths, brand new heating, A/C, electrical, plumbing, roof, deck, windows and new shingles for exterior of home as well. Upgrades throughout the interior with a new floor plan already designed.  Great neighborhood in Lower Mills with off street parking and garage...Close to shopping, restaurants, park, the T and the highway.
Unit Size
2,388 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$376
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1929

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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 #72952196)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Mar 12, 2022 Listed by ELITE Realty Advisors $899,000
Listed by ELITE Realty Advisors
Nov 10, 2021 Sold
Premium
Sold
Aug 12, 2021 Listed by ELITE Realty Advisors $380,000
Listed by ELITE Realty Advisors

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,048
  • Total Building Area: 1,404
  • Gross Building Area: 2,253
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000093
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 100900

Zoning

  • Zoning: R1

Geography

  • Parcel: MATT W:17 P:04161 S:000
  • Municipality: BOSTON-MATTAPAN
  • Latitude: 42.278
  • Longitude: -71.0685

    Address

  • Full Address: 15 Oconnell Rd
  • Address - House Number: 15
  • Address - Street Name: Oconnell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dorchester Center
  • Carrier Code: C028
  • 4-Digit Zip Code: 4711
  • Zip Code: 02124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 667,635
  • High Value: 790,901
  • Low Value: 544,368

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,800
  • Assessed Land Value: $159,900
  • Assessed Improvements Value: $261,900

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 79460
  • Previous Sale Recording Date: Nov 10, 2021
  • Previous Sale Contract Date: Oct 19, 2021
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: O
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 Dorchester

Stats & Trends

Median Asking:

$754,500

Sale Price/ft²

$487

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2874 ft²

Average Home Age

82.2 years

Currently For Sale

211 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 125 Greenbrier St, Dorchester, 02124

$875 /mo

  • 4 Beds
  • 1 Bath
125 Greenbrier St, Dorchester, 02124 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72952196

Frequently Asked Questions

When was property at 15 O'connell Road built and last sold?
The property at 15 O'connell Road was built in 1929 and last sold on Sep 16, 2022 for $930,000.
How much is this home worth?
The estimated value of the home located at 15 O'connell Road is $924,267.
What are some comparable homes to 15 O'connell Road?
There are currently no comparable homes to 15 O'connell Road.
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