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Medfield 02052
388 Main Street
Photo of 388 Main Street
Sold on Nov 17, 2008

1

Map

$1,105,000
● House - Off Market

388 Main Street

Medfield, MA 02052
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,328 Ft²
$2,457,865
RealtyHop Estimate
109.18%
Since Dec 1, 2008
MA-Boston
Primary Model

About This Property

Prudential Page Realty proudly presents this stunning, architectural beauty.  Builder has brilliantly combined historic details with modern amenities to deliver a warm & comfortable home perfectly designed for today's busy lifestyle.  A mix of formal and informal spaces blend perfectly to give this home an air of casual elegance.  Located near historic Medfield Village within walking distance to restaurants, shopping, library, town hall, and schools. Beautiful stone walls & landscaping. Gorgeou
Unit Size
4,328 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$271
Property Type
House
Property Taxes
$1,000
HOA Dues
-
Year Built
2007

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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 #70819817)

Price History

Date / Event Date Event Price
Nov 17, 2008 Sold
Premium
Sold
Sep 11, 2008 Listed $1,175,000
Listed
Apr 20, 2006 Sold
Premium
Sold
Nov 18, 2005 Listed $420,000
Listed
Jan 18, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,618
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 13,430
  • Total Building Area: 3,184
  • Gross Building Area: 6,862
  • Building Area: 3,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,184
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDFIELD
  • Land Acres: 0000000308
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406102

Zoning

  • Zoning: RS

Geography

  • Parcel: MEDF M:0043 B:0000 L:0099
  • Lot: 99
  • Municipality: MEDFIELD
  • Latitude: 42.1884
  • Longitude: -71.2998

    Address

  • Full Address: 388 Main St
  • Address - House Number: 388
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 2010
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,998,500

    Appraisal Valuation

  • Standard Deviation: 0.1257
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 86
  • Final Value: 1,637,514
  • High Value: 1,843,455
  • Low Value: 1,431,572

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,365,100
  • Assessed Land Value: $316,900
  • Assessed Improvements Value: $1,048,200

    Sales

  • Current Sale Recording Date: Nov 17, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 105950
  • Previous Sale Recording Date: Apr 20, 2006
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 27
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 Medfield

Stats & Trends

Median Asking:

$966,900

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2194 ft²

Average Home Age

42.9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70819817

Frequently Asked Questions

When was property at 388 Main Street built and last sold?
The property at 388 Main Street was built in 2007 and last sold on Jan 1, 1970 for $1,105,000.
How much is this home worth?
The estimated value of the home located at 388 Main Street is $1,207,386.
What are some comparable homes to 388 Main Street?
There are currently no comparable homes to 388 Main Street.
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