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$162,500
● Condo - Off Market

17 Rainbow Drive #B1

Walpole, MA
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,067 Ft²
$352,548
RealtyHop Estimate
113.67%
Since Apr 1, 2010
National-US
Primary Model

About This Property

Royal Crest Country Club. First floor unit (Handicap accessible). Mater bedroom with private full bath and walk in closet. Second bedroom has hardwood floors and double door closet. Laundry room in unit. Living Room with hardwood floors with slider overlooking golf course. Dining Room with hardwood floors. Fully applianced kitchen. Move in condition. Extra finished storage room above garage. Fee include 9 hole golf course, tennis courts, pool and much more. A must see.
Unit Size
1,067 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
Condo
Property Taxes
$246
HOA Dues
$513
Year Built
-

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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 years ago (MLSPIN #71021908)

Price History

Date / Event Date Event Price
Mar 31, 2010 Sold
Premium
Sold
Jan 21, 2010 Listed by eXp Realty $165,000
Listed by eXp Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile
Level: First
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Features: Closet, Flooring - Wood
Features: Flooring - Wood
Level: First
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Features: Bathroom - Full, Flooring - Wall to Wall Carpet, Closet/Cabinets - Custom Built
Level: First
Level: First
Features: Flooring - Wood
Features: Yes
Full Bathrooms: 2
Appliances: Range, Refrigerator, Freezer, Washer, Dryer, Electric Water Heater
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: Flooring - Vinyl, First Floor
Rooms: 5
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street, Deeded, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Royal Crest Country Club
Structure Type: Rowhouse, Garden, Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Stone
Lead Paint: None
Pool Features: Association
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $253,200
Tax Annual Amount: $2,954
Utilities Details
Cooling Type: Central Air
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Golf Course, Putting Green, Tennis Court(s), Fitness Center, Clubroom, Trail(s), Storage
HOA Fee: $513
Pets Allowed: No
Complex is Completed
Management: Professional - Off Site

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71021908
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