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Shirley 01464
29 Tolman Avenue
$200,000
● House - Off Market

29 Tolman Avenue

Shirley, MA 01464
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,181 Ft²
$321,602
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Walk to Commuter Rail Train to Boston - Adorable country ranch in Shirley Village with easy access to Route 2.  Perfect starter home.  Although most interior rooms have been freshly painted, the home needs some TLC. Property is being sold in "As Is" condition, no warranties or representations.  Offers 3 good-sized bedrooms and eat-in kitchen with original hardwood floors in main living area and bedrooms. Partially paneled basement and a detached garage complete this property, plus a fenced in level yard for summer fun days.  Minutes to Mirror Lake for swimming and kayaking. Walking distance to Shirley Depot and shops. Don't miss this opportunity to restore this sunny and spacious ranch while using your creativity to make this home your own in the heart of Shirley!
Unit Size
1,181 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$185
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1956

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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 #72471490)

Price History

Date / Event Date Event Price
May 17, 2019 Sold
Premium
Sold
Mar 27, 2019 Listed by Barrett Sotheby's International Realty $218,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 875
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,181
  • Gross Building Area: 1,750
  • Building Area: 1,181
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,181
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ayer-Shirley School District
  • Census Tract: 388200

Zoning

  • Zoning: R3

Geography

  • Parcel: SHIR M:0023 B:000C L:00015
  • Block: C
  • Lot: 15
  • Municipality: SHIRLEY
  • Latitude: 42.5444
  • Longitude: -71.6426

    Address

  • Full Address: 29 Tolman Ave
  • Address - House Number: 29
  • Address - Street Name: Tolman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Shirley
  • Carrier Code: R002
  • 4-Digit Zip Code: 2529
  • Zip Code: 01464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $360,600

    Appraisal Valuation

  • Standard Deviation: 0.1918
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 342,370
  • High Value: 408,039
  • Low Value: 276,702

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $265,700
  • Assessed Land Value: $110,800
  • Assessed Improvements Value: $154,900

    Sales

  • Current Sale Contract Date: May 15, 2019
  • Current Sale Recording Date: May 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65006
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 Shirley

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$289

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2060 ft²

Average Home Age

111 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72471490

Frequently Asked Questions

When was property at 29 Tolman Avenue built and last sold?
The property at 29 Tolman Avenue was built in 1956 and last sold on May 15, 2019 for $200,000.
How much is this home worth?
The estimated value of the home located at 29 Tolman Avenue is $218,929.
What are some comparable homes to 29 Tolman Avenue?
There are currently no comparable homes to 29 Tolman Avenue.
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