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Dedham 02026 Downtown Dedham
2 Hill Ave
$425,000
● House - Off Market

2 Hill Ave

Dedham, MA 02026
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,199 Ft²
$483,854
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

2 Hill Ave has been lovingly owned and cared for by the same family for over 100 years! Upon walking in the front door, you will notice the bright and sunny living room which is open to the eat in kitchen and the dining room with a built-in cabinet. There is a bonus space on this level that can be used as an office or playroom. The home is full of beautiful woodwork and all the rooms on the first level have been freshly painted. On the second level there are 3 spacious bedrooms that are ready for you to choose your colors. Located on a quiet dead end street near Motherbrook Arts and Community Center, schools, shopping and playgrounds, this home is a must see! Open house Sunday 10/30 from 2-4pm.
Unit Size
1,199 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$375
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1890

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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 #73052256)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Nov 4, 2022 In contract -
In contract
Oct 26, 2022 Listed by Keller Williams Realty - Londonderry $450,000
Listed by Keller Williams Realty - Londonderry

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 695
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,100
  • Total Building Area: 1,199
  • Gross Building Area: 2,165
  • Building Area: 1,199
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,199
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000048
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dedham School District
  • School Tax School District: DEDHAM SD
  • Census Tract: 402102

Zoning

  • Zoning: G

Geography

  • Parcel: DEDH M:0112 L:0086
  • Lot: 86
  • Municipality: DEDHAM
  • Latitude: 42.2475
  • Longitude: -71.1569

    Address

  • Full Address: 2 Hill Ave
  • Address - House Number: 2
  • Address - Street Name: Hill
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dedham
  • Carrier Code: C025
  • 4-Digit Zip Code: 2841
  • Zip Code: 02026

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $525,500

    Appraisal Valuation

  • Standard Deviation: 0.2361
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 442,827
  • High Value: 547,417
  • Low Value: 338,237

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,300
  • Assessed Land Value: $204,400
  • Assessed Improvements Value: $204,900

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105763
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 Downtown Dedham

Stats & Trends

Median Asking:

$799,450

Sale Price/ft²

$444

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2414 ft²

Average Home Age

102 years

Currently For Sale

9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73052256

Frequently Asked Questions

When was property at 2 Hill Avenue built and last sold?
The property at 2 Hill Avenue was built in 1890 and last sold on Dec 16, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 2 Hill Avenue is $453,260.
What are some comparable homes to 2 Hill Avenue?
There are currently no comparable homes to 2 Hill Avenue.
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