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Bristol 02767
229 Broadway
$510,000
● House - Off Market

229 Broadway

Raynham, MA 02767
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$715,276
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Check out this two bed/one bath Cape on the heart of Broadway in Raynham! Lot is zoned as residential in the front and commercial in the back. Home is currently rented, tenant at will. Rent is $950/month. Potential for zoning change if one wants to make the attempt. Located across the street from amenities for shopping/groceries. Great investment opportunity for the right investor or developer. First showings to be at open house on 4/3/2021 from 12pm-2pm. Buyer and buyer's agent to perform their due diligence. Information deemed reliable but not guaranteed.
Unit Size
936 Ft²
Days on Market
-
Land Size
3.30 acres
Price per sqft
$668
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1950

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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 #72806271)

Price History

Date / Event Date Event Price
Aug 16, 2021 Sold
Premium
Sold
Mar 31, 2021 Listed by revolv Real Estate $625,000
Listed by revolv Real Estate

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 2
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 143,761
  • Total Building Area: 936
  • Gross Building Area: 2,838
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bridgewater-Raynham School District
  • Census Tract: 612100

Geography

  • Account Number: 990
  • Parcel: RAYN M:7 B:187 L:0
  • Block: 187
  • Municipality: RAYNHAM
  • Latitude: 41.9356
  • Longitude: -71.0804

    Address

  • Full Address: 229 Broadway
  • Address - House Number: 229
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Raynham
  • Carrier Code: R018
  • 4-Digit Zip Code: 1413
  • Zip Code: 02767

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,200

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 576,286
  • High Value: 668,636
  • Low Value: 483,937

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,300
  • Assessed Land Value: $197,900
  • Assessed Improvements Value: $293,400

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45246
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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2301 ft²

Average Home Age

71.4 years

Currently For Sale

1121 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: 5 years ago
Data Source: MLS PIN, MLS# 72806271

Frequently Asked Questions

When was property at 229 Broadway built and last sold?
The property at 229 Broadway was built in 1950 and last sold on Aug 13, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 229 Broadway is $0.
What are some comparable homes to 229 Broadway?
There are currently no comparable homes to 229 Broadway.
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