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Bristol 02048
255 Pratt Street
$390,000
● House - Off Market

255 Pratt Street

Mansfield, MA 02048
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,021 Ft²
$620,069
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Beautiful and bright 4 bedroom home with a unique floor plan which includes a separate in-law apartment with kitchenette located on 6 acres of land with a nice private backyard with lots of mature landscaping. Large front to back living room with hardwood floors, 3 br upstairs with a full bath; spacious kitchen with great lighting, a sunny breeze way that connects the 1 br in-law that can also be used as an office space.  The backyard is an oasis with mature plants, space galore with a fire pit. You won't want to miss this opportunity to own in Mansfield at this price point!
Unit Size
2,021 Ft²
Days on Market
-
Land Size
6.37 acres
Price per sqft
$203
Property Type
House
Property Taxes
$671
HOA Dues
-
Year Built
1900

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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 months ago (MLSPIN #72367283)

Price History

Date / Event Date Event Price
Sep 17, 2018 Sold
Premium
Sold
Jul 24, 2018 Listed by Conway - Mansfield $409,900
Listed by Conway - Mansfield

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 277,042
  • Total Building Area: 2,021
  • Gross Building Area: 3,960
  • Building Area: 2,021
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,021
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mansfield School District
  • School Tax School District: MANSFIELD SD
  • Census Tract: 610204

Geography

  • Account Number: 3272
  • District: 167
  • Parcel: MANS M:025 B:030
  • Block: 30
  • Lot: 30
  • Municipality: MANSFIELD
  • Latitude: 42.0343
  • Longitude: -71.2061

    Address

  • Full Address: 255 Pratt St
  • Address - House Number: 255
  • Address - Street Name: Pratt
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mansfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 1521
  • Zip Code: 02048

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $759,600

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 657,119
  • High Value: 761,409
  • Low Value: 552,829

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $562,700
  • Assessed Land Value: $280,900
  • Assessed Improvements Value: $281,800

    Sales

  • Current Sale Recording Date: Sep 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35668
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

0.02%

Average Days on Market

60

Average Home Size

2269 ft²

Average Home Age

69.6 years

Currently For Sale

1147 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72367283

Frequently Asked Questions

When was property at 255 Pratt Street built and last sold?
The property at 255 Pratt Street was built in 1900 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 255 Pratt Street is $421,725.
What are some comparable homes to 255 Pratt Street?
There are currently no comparable homes to 255 Pratt Street.
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