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Mansfield Center 02048
36 Draper Ave
$437,000
● House - Off Market

36 Draper Ave

Mansfield, MA 02048
bedrooms
2 Beds
bathrooms
1 Bath
square feet
841 Ft²
$390,554
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Whether you are looking for a starter home or ready to downsize, this adorable two-bedroom home is a great condo alternative and may be just what you are looking for. Conveniently located in the heart of Mansfield, steps from the train station and all that the center of Mansfield has to offer. This ranch has many tasteful updates, including a modern kitchen with quartz countertops and stainless-steel appliances. An updated bathroom with a beautifully tiled shower and a walk-in closet in the primary bedroom. The heated 4 season room can be used as a dining space, a sitting area or a home office and has a slider that leads to the fenced back yard. Showings begin at the Open House on Friday 5/5 from 5:00 to 6:30 and Saturday 5/6 from 11:00 to 12:30.
Unit Size
841 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$464
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1950

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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 #73107011)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold
Premium
Sold
May 10, 2023 In contract -
In contract
May 3, 2023 Listed by Monarch Realty Group, LLC $389,900
Listed by Monarch Realty Group, LLC
Jun 29, 2020 Sold
Premium
Sold
Apr 29, 2020 Listed by Monarch Realty Group, LLC $299,000
Listed by Monarch Realty Group, LLC
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 665
  • Gross Building Area: 1,506
  • Building Area: 665
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 665
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mansfield School District
  • School Tax School District: MANSFIELD SD
  • Census Tract: 610100

Geography

  • Account Number: 1904
  • District: 167
  • Parcel: MANS M:018 B:083
  • Block: 83
  • Lot: 83
  • Municipality: MANSFIELD
  • Latitude: 42.0327
  • Longitude: -71.2231

    Address

  • Full Address: 36 Draper Ave
  • Address - House Number: 36
  • Address - Street Name: Draper
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Mansfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1351
  • Zip Code: 02048

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $431,500

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 428,778
  • High Value: 507,321
  • Low Value: 350,235

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $319,600
  • Assessed Land Value: $197,600
  • Assessed Improvements Value: $122,000

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118908
  • Previous Sale Recording Date: Jun 29, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 Mansfield Center

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$359

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2171 ft²

Average Home Age

70.8 years

Currently For Sale

14 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 55 Walnut St, MA, 02035

$1,835 /mo

  • 1 Bed
  • 1 Bath
55 Walnut St, MA, 02035 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73107011

Frequently Asked Questions

When was property at 36 Draper Avenue built and last sold?
The property at 36 Draper Avenue was built in 1950 and last sold on Jun 26, 2023 for $437,000.
How much is this home worth?
The estimated value of the home located at 36 Draper Avenue is $382,773.
What are some comparable homes to 36 Draper Avenue?
There are currently no comparable homes to 36 Draper Avenue.
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