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Holbrook 02343
3 Howard Ave.
$350,000
● House - Off Market

3 Howard Ave.

Holbrook, MA 02343
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$1,868
Est. Monthly

About This Property

***Highest and Best Due Friday 11/17 at 5pm*** Attention all Builders, Contractors, and Developers: a great palette for the inspired investor! Situated on almost 3 acres of land, this is a perfect opportunity to create a dream home in Holbrook. There is a small existing house, with all the necessary utilities: water and electricity. Convenient location just over a mile to Montello Commuter Rail and Stop and Shop, as well as easy access to Route 37 and Route 24.
Unit Size
936 Ft²
Days on Market
-
Land Size
2.80 acres
Price per sqft
$319
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1760

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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 #73179710)

Price History

Date / Event Date Event Price
Dec 6, 2023 Sold
Premium
Sold
Nov 18, 2023 In contract -
In contract
Nov 11, 2023 Listed by Success! Real Estate $299,000
Listed by Success! Real Estate
Nov 15, 2013 Sold
Premium
Sold
Apr 22, 2013 Listed by Success! Real Estate $189,900
Listed by Success! Real Estate
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1760
  • Effective Year Built: 1760
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 260
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 121,968
  • Total Building Area: 936
  • Gross Building Area: 1,936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Holbrook School District
  • School Tax School District: HOLBROOK SD
  • Census Tract: 421100

Zoning

  • Zoning: R3

Geography

  • Parcel: HOLB M:55 L:008-00-0
  • Lot: 8--0
  • Municipality: HOLBROOK
  • Latitude: 42.1213
  • Longitude: -71.0174

    Address

  • Full Address: 3 Howard Ave
  • Address - House Number: 3
  • Address - Street Name: Howard
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Holbrook
  • Carrier Code: C009
  • 4-Digit Zip Code: 2026
  • Zip Code: 02343

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,500

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 314,859
  • High Value: 337,092
  • Low Value: 292,625

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,800
  • Assessed Land Value: $206,300
  • Assessed Improvements Value: $105,500

    Sales

  • Current Sale Contract Date: Dec 05, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1529859
  • Previous Sale Recording Date: Nov 15, 2013
  • Previous Sale Amount: $172,500
  • 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 Holbrook

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1801 ft²

Average Home Age

70.3 years

Currently For Sale

29 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: 6 months ago
Data Source: MLS PIN, MLS# 73179710

Frequently Asked Questions

When was property at 3 Howard Avenue built and last sold?
The property at 3 Howard Avenue was built in 1760 and last sold on Dec 5, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 3 Howard Avenue is $301,779.
What are some comparable homes to 3 Howard Avenue?
There are currently no comparable homes to 3 Howard Avenue.
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