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Boston 02136 Readville
1862 River Street
$560,000
● House - Off Market

1862 River Street

Boston, MA 02136
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,280 Ft²
$567,911
RealtyHop Estimate
13.60%
Since Nov 1, 2021
MA-Boston
Primary Model

About This Property

Come put your home improvement ideas to work on this ranch-style home. In need of some updating this home is situated on a large expansive single lot of land. The home has a finished basement perfect for the new buyer to explore permitting as an additional dwelling unit for an aging parent. The home has a 3 zone gas furnace and 2 year old hot water tank. Older roof and windows throughout the home. Easy to show or visit the open house on Saturday, June 19 from 10:30 to 12:30 p.m. or come by on Sunday, June 20 between 11:00 and 12:30 p.m.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$391
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1961

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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 #72849814)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Jun 15, 2021 Listed by Insight Realty Group, Inc. $499,900
Listed by Insight Realty Group, Inc.
Sep 13, 1988 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • 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: 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: 12,957
  • Total Building Area: 1,280
  • Gross Building Area: 2,919
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000297
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 140102

Zoning

  • Zoning: R1

Geography

  • Parcel: HYDE W:18 P:12492 S:000
  • Municipality: BOSTON-HYDE PARK
  • Latitude: 42.243
  • Longitude: -71.1412

    Address

  • Full Address: 1862 River St
  • Address - House Number: 1862
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hyde Park
  • Carrier Code: C014
  • 4-Digit Zip Code: 1419
  • Zip Code: 02136

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $571,700

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 619,075
  • High Value: 734,596
  • Low Value: 503,554

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,300
  • Assessed Land Value: $298,500
  • Assessed Improvements Value: $233,800

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 926226
  • Previous Sale Recording Date: Sep 13, 1988
  • Previous Sale Amount: $35,592
  • Previous Sale Document Type: 27
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 Hyde Park

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2052 ft²

Average Home Age

74.3 years

Currently For Sale

48 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 1201 River St, Other, MA, 02136

$1,530 /mo

  • 1 Bed
  • 1 Bath
1201 River St, Other, MA, 02136 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72849814

Frequently Asked Questions

When was property at 1862 River Street built and last sold?
The property at 1862 River Street was built in 1961 and last sold on Oct 1, 2021 for $560,000.
How much is this home worth?
The estimated value of the home located at 1862 River Street is $0.
What are some comparable homes to 1862 River Street?
There are currently no comparable homes to 1862 River Street.
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