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Braintree Town 02184 South Braintree
31 Grace Road
$298,000
● House - Off Market

31 Grace Road

Braintree, MA 02184
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,832 Ft²
$872,808
RealtyHop Estimate
177.52%
Since Nov 1, 2000
MA-Boston
Primary Model

About This Property

7 ROOMS, 3 BDRMS, RAISED RANCH, FRESHLY PAINTED, HARDWOOD FLOORS, FENCED IN YARD, FINISHED LOWER LEVEL. SO. JR. HIGH AREA.
Unit Size
1,832 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$172
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1965

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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 years ago (MLSPIN #30436231)

Price History

Date / Event Date Event Price
Jun 11, 2021 Sold
Premium
Sold
Apr 21, 2021 Listed $679,900
Listed
Oct 13, 2000 Sold
Premium
Sold
Aug 8, 2000 Listed $314,500
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 2
  • Basement Area: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 1,795
  • Gross Building Area: 2,704
  • Building Area: 1,795
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,795
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Braintree School District
  • School Tax School District: BRAINTREE SD
  • Census Tract: 419700

Zoning

  • Zoning: B

Geography

  • Parcel: BRAI M:1087 B:0 L:137
  • Lot: 137
  • Municipality: BRAINTREE
  • Latitude: 42.1883
  • Longitude: -71.0006

    Address

  • Full Address: 31 Grace Rd
  • Address - House Number: 31
  • Address - Street Name: Grace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Braintree
  • Carrier Code: C024
  • 4-Digit Zip Code: 7713
  • Zip Code: 02184

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $728,600

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 804,942
  • High Value: 938,882
  • Low Value: 671,001

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $768,600
  • Assessed Land Value: $375,000
  • Assessed Improvements Value: $393,600

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76566
  • Previous Sale Recording Date: Oct 13, 2000
  • Previous Sale Amount: $298,000
  • Previous Sale Document Type: 71
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 South Braintree

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2030 ft²

Average Home Age

47.9 years

Currently For Sale

23 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 1 Matthew Lane, Braintree, MA, 02184

$2,915 /mo

  • 2 Beds
  • 2 Baths
  • 1,140 ft²
1 Matthew Lane #Hamilton, Braintree, MA, 02184 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30436231

Frequently Asked Questions

When was property at 31 Grace Road built and last sold?
The property at 31 Grace Road was built in 1965 and last sold on Jun 11, 2021 for $698,000.
How much is this home worth?
The estimated value of the home located at 31 Grace Road is $0.
What are some comparable homes to 31 Grace Road?
There are currently no comparable homes to 31 Grace Road.
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