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Brookline 02467 South Brookline
31 Grassmere Rd
$675,000
● House - Off Market

31 Grassmere Rd

Brookline, MA 02467
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,564 Ft²
$1,082,432
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Opportunity knocks...Three bedroom Colonial-style home with two bonus rooms on third floor. Living room with fireplace that leads to screened porch and attractive side yard. Large basement. Wonderful South Brookline location. Near Baker School. House in need of updating. Property being sold in "as is" condition. Buyer to do due diligence.
Unit Size
1,564 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$416
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1941

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #72036431)

Price History

Date / Event Date Event Price
Sep 14, 2016 Sold
Premium
Sold
Jul 12, 2016 Listed by Hammond Residential Real Estate $650,000
Listed by Hammond Residential Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 2
  • Basement Area: 759
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,914
  • Total Building Area: 1,915
  • Gross Building Area: 3,510
  • Building Area: 1,915
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,915
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brookline School District
  • School Tax School District: BROOKLINE SD
  • Census Tract: 401201

Zoning

  • Zoning: S-7

Geography

  • Account Number: 13441000
  • Parcel: BROO B:390 L:0014 S:0000
  • Block: 390
  • Lot: 14
  • Municipality: BROOKLINE
  • Latitude: 42.2993
  • Longitude: -71.1532

    Address

  • Full Address: 31 Grassmere Rd
  • Address - House Number: 31
  • Address - Street Name: Grassmere
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chestnut Hill
  • Carrier Code: C013
  • 4-Digit Zip Code: 3643
  • Zip Code: 02467

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,019,600

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,225,916
  • High Value: 1,439,557
  • Low Value: 1,012,276

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,043,600
  • Assessed Land Value: $583,200
  • Assessed Improvements Value: $460,400

    Sales

  • Current Sale Recording Date: Sep 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93535
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 Brookline

Stats & Trends

Median Asking:

$2,049,000

Sale Price/ft²

$687

Below Asking

0.02%

Average Days on Market

79

Average Home Size

5438 ft²

Average Home Age

75.6 years

Currently For Sale

31 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72036431

Frequently Asked Questions

When was property at 31 Grassmere Road built and last sold?
The property at 31 Grassmere Road was built in 1941 and last sold on Jan 1, 1970 for $675,000.
How much is this home worth?
The estimated value of the home located at 31 Grassmere Road is $679,320.
What are some comparable homes to 31 Grassmere Road?
There are currently no comparable homes to 31 Grassmere Road.
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