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Braintree Town 02184 Braintree Highlands
38 Park Ave
$650,000
● House - Off Market

38 Park Ave

Braintree, MA 02184
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,539 Ft²
$648,219
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to Braintree! LOCATION! LOCATION! This wonderful, well maintained home offers so much. Fall in love as soon as you walk through the door of this 2 bedroom, 1.5 full bath, 1 car garage & partially finished basement home all situated on a beautiful lot. Roof & windows updated 8 years ago, new deck 3 years ago & stamped concrete walkway 2 years ago. Large living room with working fireplace and hardwood floors leading into the dining room then around to the large, bright, eat-in kitchen. The kitchen leads out to a wonderful, oversized deck for more enjoyment overlooking the tranquil, fenced  backyard. There is also a lovely covered side porch for even more outside living space. .01 miles to the "T" Bus stop & 2.3 miles to the redline. There is so much pride in ownership in this home, come fall in love!
Unit Size
1,539 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$422
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1930

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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 #73103075)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
May 3, 2023 In contract -
In contract
Apr 25, 2023 Listed by Success! Real Estate $649,900
Listed by Success! Real Estate
Aug 14, 2015 Sold
Premium
Sold
Jul 7, 2015 Listed by Success! Real Estate $399,000
Listed by Success! Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Area: 810
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,352
  • Total Building Area: 1,539
  • Gross Building Area: 3,034
  • Building Area: 1,539
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,539
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • 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: 419602

Zoning

  • Zoning: B

Geography

  • Parcel: BRAI M:1075 B:0 L:2
  • Lot: 2
  • Municipality: BRAINTREE
  • Latitude: 42.1816
  • Longitude: -71.0116

    Address

  • Full Address: 38 Park Ave
  • Address - House Number: 38
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Braintree
  • Carrier Code: C041
  • 4-Digit Zip Code: 7922
  • Zip Code: 02184

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $553,000

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 660,268
  • High Value: 761,782
  • Low Value: 558,753

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $583,300
  • Assessed Land Value: $351,400
  • Assessed Improvements Value: $231,900

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1524347
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Amount: $406,500
  • Previous Sale Document Type: 35
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 Braintree Highlands

Stats & Trends

Median Asking:

$759,500

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

54

Average Home Size

3327 ft²

Average Home Age

63 years

Currently For Sale

4 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

$3,940 /mo

  • 3 Beds
  • 2 Baths
  • 1,245 ft²
1 Matthew Lane #Independence, Braintree, MA, 02184 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73103075

Frequently Asked Questions

When was property at 38 Park Avenue built and last sold?
The property at 38 Park Avenue was built in 1930 and last sold on Jul 31, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 38 Park Avenue is $646,891.
What are some comparable homes to 38 Park Avenue?
There are currently no comparable homes to 38 Park Avenue.
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