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Braintree Town 02184 South Braintree
24 Shepard Rd
$610,000
● House - Off Market

24 Shepard Rd

Braintree, MA 02184
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,601 Ft²
$3,523
Est. Monthly

About This Property

Enjoy this light and bright 7 room 3 bedroom/2 bath home that sits on an oversized beautiful lot boasting many mature plantings and lovely stone wall. This home is ready for its next story to be told. There has been some updating along the way yet still leaving some projects that you can implement your own dream upgrades. Some of the upgrades which have been done include a new high efficiency boiler, replacement windows, vinyl fencing,1st fl bath alongside 1st floor laundry and bonus living room with sky lights, vaulted ceiling and office nook.This is a great opportunity to live in one of Braintree's much sought after areas with its ideal local amenities including golf course, schools, playground, shopping, restaurants and convenient access to the highway and T station.
Unit Size
1,601 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$387
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1906

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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 #73245603)

Price History

Date / Event Date Event Price
Jul 24, 2024 Sold
Premium
Sold
May 31, 2024 Listed by ELITE Realty Advisors $619,000
Listed by ELITE Realty Advisors

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 992
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,346
  • Total Building Area: 1,601
  • Gross Building Area: 2,633
  • Building Area: 1,601
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,601
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Braintree School District
  • School Tax School District: BRAINTREE SD
  • Census Tract: 419700

Zoning

  • Zoning: B

Geography

  • Parcel: BRAI M:1045 B:0 L:47
  • Lot: 47
  • Municipality: BRAINTREE
  • Latitude: 42.1951
  • Longitude: -71.0088

    Address

  • Full Address: 24 Shepard Rd
  • Address - House Number: 24
  • Address - Street Name: Shepard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Braintree
  • Carrier Code: C023
  • 4-Digit Zip Code: 7412
  • Zip Code: 02184

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $580,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 682,260
  • High Value: 787,928
  • Low Value: 576,592

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,800
  • Assessed Land Value: $330,100
  • Assessed Improvements Value: $281,700
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 South Braintree

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2030 ft²

Average Home Age

47.9 years

Currently For Sale

23 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 790 Willard Street, Quincy, MA, 02169

$2,990 /mo

  • 1 Bed
  • 1 Bath
  • 978 ft²
790 Willard Street #1D, Quincy, MA, 02169 Listing by Equity Residential
Unit for rent at 1 Matthew Lane, Braintree, MA, 02184

$3,205 /mo

  • 2 Beds
  • 2 Baths
  • 1,247 ft²
1 Matthew Lane #Jefferson, Braintree, MA, 02184 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73245603

Frequently Asked Questions

When was property at 24 Shepard Road built and last sold?
The property at 24 Shepard Road was built in 1906 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 24 Shepard Road is $625,323.
What are some comparable homes to 24 Shepard Road?
There are currently no comparable homes to 24 Shepard Road.
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