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Holbrook 02343
22 Alder Road
$375,000
● House - Off Market

22 Alder Road

Holbrook, MA 02343
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,920 Ft²
$572,127
RealtyHop Estimate
50.56%
Since Apr 1, 2018
MA-Boston
Primary Model

About This Property

****Open House Sat. 1/20 12-2**** Impeccable, Tastefully Decorated, Well Maintained 9 Room, 3-4 Bedrooms, 1.5 Bath Colonial. Home Boasts an Eat-In Kitchen, with Granite Counter Tops, Ceramic Tile Back Splash and Stainless Steel Appliances. Formal Dining Room, 20 x 16 Living Room with Recessed Lighting and Sliders to Deck.  The Second Floor has 4 Rooms Including a 20x17 Master Bedroom with Ceiling Fans and Double Closets. Home Features a Separate Laundry Room on the Second Floor. There is an Additional Family  Room in Basement. Home Has Gas Heating, Gas Cooking and Central Air! Fenced in Yard. Seller Has Just Replaced Roof!!  Home is Located Minutes from Holbrook's New State of the Art K-12 School!!
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$198
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1987

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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 #72259344)

Price History

Date / Event Date Event Price
Mar 16, 2018 Sold
Premium
Sold
Nov 29, 2017 Listed by Century 21 Tullish & Clancy $380,000
Listed by Century 21 Tullish & Clancy
Dec 15, 2008 Sold
Premium
Sold
Sep 18, 2008 Listed by Century 21 Tullish & Clancy $284,900
Listed by Century 21 Tullish & Clancy

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,920
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,880
  • Gross Building Area: 2,976
  • Building Area: 2,880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,880
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Holbrook School District
  • School Tax School District: HOLBROOK SD
  • Census Tract: 421100

Zoning

  • Zoning: R3

Geography

  • Parcel: HOLB M:26 L:179-00-0
  • Lot: 179--0
  • Municipality: HOLBROOK
  • Latitude: 42.1462
  • Longitude: -71.0149

    Address

  • Full Address: 22 Alder Rd
  • Address - House Number: 22
  • Address - Street Name: Alder
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Holbrook
  • Carrier Code: C010
  • 4-Digit Zip Code: 1604
  • Zip Code: 02343

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $685,000

    Appraisal Valuation

  • Standard Deviation: 0.1525
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 562,400
  • High Value: 648,207
  • Low Value: 476,594

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,400
  • Assessed Land Value: $168,800
  • Assessed Improvements Value: $276,600

    Sales

  • Current Sale Recording Date: Mar 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20610
  • Previous Sale Recording Date: Dec 15, 2008
  • Previous Sale Amount: $270,000
  • 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 Holbrook

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$377

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1790 ft²

Average Home Age

66.3 years

Currently For Sale

22 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# 72259344

Frequently Asked Questions

When was property at 22 Alder Road built and last sold?
The property at 22 Alder Road was built in 1987 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 22 Alder Road is $398,506.
What are some comparable homes to 22 Alder Road?
There are currently no comparable homes to 22 Alder Road.
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