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Norfolk
280 Mechanic St
$580,000
● House - Off Market

280 Mechanic St

Canton, MA 02021
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,496 Ft²
$681,993
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELLED DUE TO ACCEPTED OFFER!!    ** LOCATION ** VALUE ** LOCATION ** COME SEE THIS WELL MAINTAINED SPLIT-ENTRY HOME IN CANTON'S MOST DESIRED AREA.  CLOSE TO TRAIN, SHOPS, RESTAURANTS, SCHOOLS AND MUCH MUCH MORE.  THIS SPACIOUS HOME ON A 1/2 ACRES OF LAND, HUGE AND BEAUTIFUL YARD, 3 GENEROUSLY SIZED BEDROOMS, SEMI-OPEN CONCEPT LIVING, DINNING AND KITCHEN.  HUGE HEATED SUN ROOM, OVER SIZED FAMILY ROOM, WOOD FLOOR THROUGHOUT FIRST FLOOR.  TWO CAR GARAGE CURRENTLY USE AS STORAGE, EASILY CONVERT BACK TO CAR PORT.   WILL NOT LAST.    NO MASK, NO SHOW.  PLEASE FOLLOW ALL COVID 19 GUIDELINES.
Unit Size
2,496 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$212
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1973

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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 #72712233)

Price History

Date / Event Date Event Price
Oct 23, 2020 Sold
Premium
Sold
Aug 19, 2020 Listed by Lewis & Joyce Real Estate $529,000
Listed by Lewis & Joyce Real Estate
Aug 31, 2007 Sold
Premium
Sold
Jun 2, 2007 Listed by Lewis & Joyce Real Estate $409,900
Listed by Lewis & Joyce Real Estate
Oct 1, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,030
  • Total Building Area: 2,085
  • Building Area: 2,085
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,085
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Canton School District
  • Census Tract: 415103

Zoning

  • Zoning: SRB

Geography

  • Account Number: 2626
  • Parcel: CANT M:41 P:46
  • Municipality: CANTON
  • Latitude: 42.1467
  • Longitude: -71.1385

    Address

  • Full Address: 280 Mechanic St
  • Address - House Number: 280
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Canton
  • Carrier Code: C017
  • 4-Digit Zip Code: 3123
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $641,200

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 735,480
  • High Value: 859,068
  • Low Value: 611,892

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $643,100
  • Assessed Land Value: $289,500
  • Assessed Improvements Value: $353,600

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115874
  • Previous Sale Recording Date: Aug 31, 2007
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 27
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 Norfolk

Stats & Trends

Median Asking:

$755,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2565 ft²

Average Home Age

59.6 years

Currently For Sale

1396 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: 4 months ago
Data Source: MLS PIN, MLS# 72712233

Frequently Asked Questions

When was property at 280 Mechanic Street built and last sold?
The property at 280 Mechanic Street was built in 1973 and last sold on Oct 1, 2020 for $580,000.
How much is this home worth?
The estimated value of the home located at 280 Mechanic Street is $563,563.
What are some comparable homes to 280 Mechanic Street?
There are currently no comparable homes to 280 Mechanic Street.
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