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Brockton 02302
224 Bates Rd
$477,000
● House - Off Market

224 Bates Rd

Brockton, MA 02302
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$488,413
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

Completely remodeled home featuring large open floor plan, 3 bedrooms, living room, oversized family room and large eat in kitchen with quartz counter tops, center island, new hardwood soft close cabinetry, stainless steel appliances, remodeled bath, oversized expansive family room with slider doors to  rear yarded and full laundry room. Additional features include all new windows, new siding, new flooring throughout, upgraded plumbing and upgraded electric service with recessed lighting throughout, newer heating system, Laundry room with washer and dryer connections. Exterior features include large private yard and off street parking. Open House Sunday March 5th 1:00 -2:30 pm.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$400
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1960

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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 #73083906)

Price History

Date / Event Date Event Price
Apr 25, 2023 Sold
Premium
Sold
Mar 16, 2023 In contract -
In contract
Mar 2, 2023 Listed by The Edwards Group, LLC $479,900
Listed by The Edwards Group, LLC
Oct 13, 2022 Sold
Premium
Sold
Jun 16, 2022 Listed by The Edwards Group, LLC $299,000
Listed by The Edwards Group, LLC
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brockton School District
  • Census Tract: 511100

Zoning

  • Zoning: R1C

Geography

  • Account Number: 156-126
  • Parcel: BROC M:156 R:126 S:
  • Municipality: BROCKTON
  • Latitude: 42.0939
  • Longitude: -70.9849

    Address

  • Full Address: 224 Bates Rd
  • Address - House Number: 224
  • Address - Street Name: Bates
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brockton
  • Carrier Code: C061
  • 4-Digit Zip Code: 3013
  • Zip Code: 02302

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $480,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 419,929
  • High Value: 491,680
  • Low Value: 348,179

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $399,700
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $254,700

    Sales

  • Current Sale Contract Date: Apr 25, 2023
  • Current Sale Recording Date: Apr 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24753
  • Previous Sale Recording Date: Oct 13, 2022
  • Previous Sale Contract Date: Oct 13, 2022
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: O
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 Brockton

Stats & Trends

Median Asking:

$509,900

Sale Price/ft²

$325

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1709 ft²

Average Home Age

73.6 years

Currently For Sale

158 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73083906

Frequently Asked Questions

When was property at 224 Bates Road built and last sold?
The property at 224 Bates Road was built in 1960 and last sold on Apr 25, 2023 for $477,000.
How much is this home worth?
The estimated value of the home located at 224 Bates Road is $470,734.
What are some comparable homes to 224 Bates Road?
There are currently no comparable homes to 224 Bates Road.
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