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Boston 02136 Fairmount Hills
288 Fairmount Ave
$415,000
● House - Off Market

288 Fairmount Ave

Boston, MA 02136
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,539 Ft²
$648,065
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Spring has arrived early! You can now own a home in one of Boston's most desirable neighborhood, Fairmount Hill in Hyde Park. Buy it at an affordable price for a limited time, before the seller makes some improvements and sells it for tens of thousands more.
Unit Size
1,539 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$292
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1945

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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 #72462841)

Price History

Date / Event Date Event Price
Apr 22, 2019 Sold
Premium
Sold
Mar 9, 2019 Listed by Acquire RE $449,000
Listed by Acquire RE
Nov 15, 2013 Sold
Premium
Sold
Jul 20, 2013 Listed by Acquire RE $238,000
Listed by Acquire RE

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 9
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,539
  • Gross Building Area: 2,451
  • Building Area: 1,539
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,539
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 140202

Zoning

  • Zoning: R1

Geography

  • Parcel: HYDE W:18 P:10759 S:000
  • Municipality: BOSTON-HYDE PARK
  • Latitude: 42.2477
  • Longitude: -71.1129

    Address

  • Full Address: 288 Fairmount Ave
  • Address - House Number: 288
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Hyde Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 3902
  • Zip Code: 02136

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $593,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 666,768
  • High Value: 779,543
  • Low Value: 553,994

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552,600
  • Assessed Land Value: $206,300
  • Assessed Improvements Value: $346,300

    Sales

  • Current Sale Contract Date: Apr 22, 2019
  • Current Sale Recording Date: Apr 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 893498
  • Previous Sale Recording Date: Nov 15, 2013
  • Previous Sale Amount: $242,000
  • 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 Hyde Park

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1675 ft²

Average Home Age

55.5 years

Currently For Sale

45 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# 72462841

Frequently Asked Questions

When was property at 288 Fairmount Avenue built and last sold?
The property at 288 Fairmount Avenue was built in 1945 and last sold on Apr 22, 2019 for $415,000.
How much is this home worth?
The estimated value of the home located at 288 Fairmount Avenue is $457,796.
What are some comparable homes to 288 Fairmount Avenue?
There are currently no comparable homes to 288 Fairmount Avenue.
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