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Norfolk
38 Smith Ave
$485,000
● House - Off Market

38 Smith Ave

Stoughton, MA 02072
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,793 Ft²
$474,886
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Don't miss out on this fixer upper opportunity. Fabulous neighborhood, close to Cobbs Corner shopping, Crescent Ridge ice cream and not far from the commuter rail. This home has an open floor plan. Kitchen is 5 years and features granite counters, center island, tile backsplash and stainless steel appliances. Dining room has a slider to the deck which overlooks the nice size backyard. Fire-placed living room. Three bedrooms and a full bath complete the 1st level. Hardwood floors.  Lower level has a fireplace family room, playroom, 2 additional rooms and a full bath. In-law potential. Wood deck and exterior need work.  Roof and heating system are older. This is a diamond in the rough and with some sweat equity can be a real gem!
Unit Size
1,793 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$268
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1963

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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 #73133360)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Jul 14, 2023 In contract -
In contract
Jul 7, 2023 Listed by Conway - Canton $479,900
Listed by Conway - Canton

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 982
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,028
  • Total Building Area: 1,793
  • Gross Building Area: 2,386
  • Building Area: 1,793
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,793
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Stoughton School District
  • School Tax School District: STOUGHTON SD
  • Census Tract: 456402

Zoning

  • Zoning: RC

Geography

  • Account Number: 14_008
  • Parcel: STOU M:0014 B:0008 L:0000
  • Block: 8
  • Municipality: STOUGHTON
  • Latitude: 42.1206
  • Longitude: -71.1377

    Address

  • Full Address: 38 Smith Ave
  • Address - House Number: 38
  • Address - Street Name: Smith
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Stoughton
  • Carrier Code: C016
  • 4-Digit Zip Code: 3937
  • Zip Code: 02072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $588,500

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 548,805
  • High Value: 645,072
  • Low Value: 452,538

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $434,300
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $248,800

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 63870
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 Norfolk

Stats & Trends

Median Asking:

$756,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2522 ft²

Average Home Age

61.2 years

Currently For Sale

1457 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: 5 months ago
Data Source: MLS PIN, MLS# 73133360

Frequently Asked Questions

When was property at 38 Smith Avenue built and last sold?
The property at 38 Smith Avenue was built in 1963 and last sold on Sep 29, 2023 for $485,000.
How much is this home worth?
The estimated value of the home located at 38 Smith Avenue is $499,929.
What are some comparable homes to 38 Smith Avenue?
There are currently no comparable homes to 38 Smith Avenue.
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