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Oxford 01540
2 Howe Ave
$242,000
● House - Off Market

2 Howe Ave

Oxford, MA 01540
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,516 Ft²
$404,302
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

This home is a must see. Beautifully maintained Ranch on a level corner lot in quiet neighborhood.  Home is situated on almost an acre of land.  This home offers updated Kitchen with granite countertops and stainless steel appliances as well as updated bathroom.  The hardwoods have been recently refinished and the home has been freshly painted throughout.  Updated systems in the last year included oil tank, furnace and hot water tank.  Harvey windows were installed in 2008. In 2016 a new roof, garage door and opener were installed.
Unit Size
1,516 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$158
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1951

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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 #72015007)

Price History

Date / Event Date Event Price
Jul 28, 2016 Sold
Premium
Sold
Jun 1, 2016 Listed by Emerson REALTORS® $239,000
Listed by Emerson REALTORS®
Nov 8, 2002 Sold
Premium
Sold
Aug 23, 2002 Listed by Emerson REALTORS® $199,900
Listed by Emerson REALTORS®
Dec 20, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,544
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,166
  • Total Building Area: 1,544
  • Gross Building Area: 3,512
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000899
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Oxford School District
  • School Tax School District: OXFORD SD
  • Census Tract: 753200

Zoning

  • Zoning: R3

Geography

  • Account Number: 35BE04
  • Parcel: OXFO M:35B B:E04
  • Block: E04
  • Municipality: OXFORD
  • Latitude: 42.1084
  • Longitude: -71.8602

    Address

  • Full Address: 2 Howe Ave
  • Address - House Number: 2
  • Address - Street Name: Howe
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Oxford
  • Carrier Code: C002
  • 4-Digit Zip Code: 2331
  • Zip Code: 01540

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $500,200

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 433,561
  • High Value: 508,003
  • Low Value: 359,120

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $371,100
  • Assessed Land Value: $100,700
  • Assessed Improvements Value: $270,400

    Sales

  • Current Sale Recording Date: Nov 08, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 20, 2000
  • Previous Sale Amount: $147,900
  • 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 Oxford

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1960 ft²

Average Home Age

70.5 years

Currently For Sale

12 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72015007

Frequently Asked Questions

When was property at 2 Howe Avenue built and last sold?
The property at 2 Howe Avenue was built in 1951 and last sold on Jan 1, 1970 for $187,000.
How much is this home worth?
The estimated value of the home located at 2 Howe Avenue is $243,981.
What are some comparable homes to 2 Howe Avenue?
There are currently no comparable homes to 2 Howe Avenue.
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