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Boston 02131 Metropolitan Hill - Beach Street
231 Cornell St
$470,000
● House - Off Market

231 Cornell St

Boston, MA 02131
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,571 Ft²
$715,244
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

***Amazing Opportunity in Roslindale. *** This 1571 sq ft property is located minutes from The Village of Roslindale. It has been in the same family for five generations and has 4 bedrooms and 2 Baths.     The living room and dining room are open concept with a sunroom/porch off the  kitchen at the back of the house. This is a great place for morning coffee.     Rare First floor master bedroom and bath is off the dining room. Great option for a possible in-law suite.     1 minute walk to the bus and a short trip to the commuter rail. It is in an ideal location.    A unbelievable raw find that needs updates.       Many possible Options!!!!!!    A 6600 sq ft lot with a long driveway and two car garage. Tons of parking. This house to be sold "as is". All inspections will be more informational purposes only.
Unit Size
1,571 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$318
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1872

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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: 6 months ago (MLSPIN #72515593)

Price History

Date / Event Date Event Price
Sep 10, 2019 Sold
Premium
Sold
Jun 9, 2019 Listed by Gold Key Realty LLC $499,900
Listed by Gold Key Realty LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1872
  • Effective Year Built: 1872
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,571
  • Gross Building Area: 2,903
  • Building Area: 1,571
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,571
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 110502

Zoning

  • Zoning: R1

Geography

  • Parcel: ROSL W:20 P:00499 S:000
  • Municipality: BOSTON-ROSLINDALE
  • Latitude: 42.28
  • Longitude: -71.1359

    Address

  • Full Address: 231 Cornell St
  • Address - House Number: 231
  • Address - Street Name: Cornell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Roslindale
  • Carrier Code: C018
  • 4-Digit Zip Code: 3403
  • Zip Code: 02131

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $672,900

    Appraisal Valuation

  • Standard Deviation: 0.2481
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 725,173
  • High Value: 905,122
  • Low Value: 545,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $626,500
  • Assessed Land Value: $226,300
  • Assessed Improvements Value: $400,200

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76856
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 Roslindale

Stats & Trends

Median Asking:

$720,000

Sale Price/ft²

$490

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1745 ft²

Average Home Age

84.2 years

Currently For Sale

66 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

Unit for rent at 1201 River St, Other, MA, 02136

$1,530 /mo

  • 1 Bed
  • 1 Bath
1201 River St, Other, MA, 02136 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72515593

Frequently Asked Questions

When was property at 231 Cornell Street built and last sold?
The property at 231 Cornell Street was built in 1872 and last sold on Sep 9, 2019 for $470,000.
How much is this home worth?
The estimated value of the home located at 231 Cornell Street is $502,578.
What are some comparable homes to 231 Cornell Street?
There are currently no comparable homes to 231 Cornell Street.
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