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Norfolk
288 Mechanic St
$500,000
● House - Off Market

288 Mechanic St

Canton, MA 02021
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,812 Ft²
$760,105
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Updated & Well Maintained Raised Ranch on a corner lot and in a convenient location with easy access to town center & train. Features include an eat in kitchen, formal dining room with hardwood floors and slider to covered deck that overlooks a large double lot, adjoining good sized living room with hardwood floors, fully finished lower level with fireplaced family room, 1/2 bath / laundry room, mudroom & 2 car garage. Other amenities include vinyl siding, replacement windows, new Navien heating system, central air, storage shed, sports court & swing set in yard, all appliances to stay and more!
Unit Size
1,812 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$265
Property Type
House
Property Taxes
$429
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: 5 months ago (MLSPIN #72140465)

Price History

Date / Event Date Event Price
May 22, 2017 Sold
Premium
Sold
Apr 4, 2017 Listed by Success! Real Estate $479,900
Listed by Success! Real Estate
Sep 22, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1976
  • 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: 15,980
  • Total Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,812
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • 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: 1969
  • Parcel: CANT M:40 P:51
  • Municipality: CANTON
  • Latitude: 42.1456
  • Longitude: -71.1383

    Address

  • Full Address: 288 Mechanic St
  • Address - House Number: 288
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Canton
  • Carrier Code: C017
  • 4-Digit Zip Code: 3163
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $640,900

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 763,342
  • High Value: 877,971
  • Low Value: 648,714

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $642,800
  • Assessed Land Value: $286,600
  • Assessed Improvements Value: $356,200

    Sales

  • Current Sale Recording Date: May 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43989
  • Previous Sale Recording Date: Sep 22, 2008
  • Previous Sale Amount: $340,000
  • 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:

$754,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2524 ft²

Average Home Age

60.6 years

Currently For Sale

1457 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: 5 months ago
Data Source: MLS PIN, MLS# 72140465

Frequently Asked Questions

When was property at 288 Mechanic Street built and last sold?
The property at 288 Mechanic Street was built in 1973 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 288 Mechanic Street is $501,907.
What are some comparable homes to 288 Mechanic Street?
There are currently no comparable homes to 288 Mechanic Street.
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