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Marion Center 02738
255 Converse Rd
$325,000
● House - Off Market

255 Converse Rd

Marion, MA 02738
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,061 Ft²
$513,867
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Nestled down a long driveway sits a wonderful home with spacious front and back yard. Sit on your back deck and enjoy quiet time, reading a book or fun cook outs with family and friends after a day at the beach.  Perfect second home get away or year round. Located a short distance to Silver Shell Beach, the library, Marion Art Center, Tabor Academy, boating, golfing, shopping, restaurants and convenient highway access. Enjoy all that the SEASIDE community of Marion has to offer. Be here for the summer, quick closing date available.
Unit Size
1,061 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$320
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1977

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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 #72325123)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
May 11, 2018 Listed by Conway - Mattapoisett $339,000
Listed by Conway - Mattapoisett
Jun 29, 2017 Sold
Premium
Sold
Jun 6, 2017 Listed by Conway - Mattapoisett $309,000
Listed by Conway - Mattapoisett

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,788
  • Total Building Area: 1,061
  • Gross Building Area: 2,080
  • Building Area: 1,061
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,061
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000454
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marion School District
  • Census Tract: 561100

Geography

  • Parcel: MARI M:0016 B:012A L:0000
  • Block: 12A
  • Municipality: MARION
  • Latitude: 41.6953
  • Longitude: -70.7628

    Address

  • Full Address: 255 Converse Rd
  • Address - House Number: 255
  • Address - Street Name: Converse
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marion
  • Carrier Code: R005
  • 4-Digit Zip Code: 1655
  • Zip Code: 02738

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $437,600

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 538,422
  • High Value: 642,093
  • Low Value: 434,752

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $472,600
  • Assessed Land Value: $209,700
  • Assessed Improvements Value: $262,900

    Sales

  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51577
  • Previous Sale Recording Date: Jun 29, 2017
  • Previous Sale Amount: $310,000
  • 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 Marion Center

Stats & Trends

Median Asking:

$1,495,000

Sale Price/ft²

$581

Above Asking

0.00%

Average Days on Market

42

Average Home Size

2540 ft²

Average Home Age

115 years

Currently For Sale

10 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72325123

Frequently Asked Questions

When was property at 255 Converse Road built and last sold?
The property at 255 Converse Road was built in 1977 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 255 Converse Road is $360,743.
What are some comparable homes to 255 Converse Road?
There are currently no comparable homes to 255 Converse Road.
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