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Walpole 02081
40 Alton St
$605,000
● House - Off Market

40 Alton St

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,693 Ft²
$575,891
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Pride of Ownership shines through this Cape-Cod style home in a well-established neighborhood. Original owners looking to pass on a well-maintained home to new buyers that will add their special touch. Enjoy summertime fun grilling on the deck that overlooks the flat-level backyard or entertain family & friends in the large Family room addition that is open to the kitchen and includes a fireplace and slider to the outside. Formal LR with additional fireplace, DR which comfortably seats 6 and bedroom/den complete the 1st floor. Two Generous size bedrooms and Full bath round out the 2nd floor. Convenient to the town center, public transportation and the Award-winning Old Post Elementary School. Come see what 40 Alton has to offer!. Showings to start immediately. Open House Sun June 5th 12p-2p
Unit Size
1,693 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$331
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
1959

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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 #72991757)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Jun 2, 2022 Listed by RE/MAX Real Estate Center $559,900
Listed by RE/MAX Real Estate Center

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 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: 20,000
  • Total Building Area: 1,693
  • Gross Building Area: 2,984
  • Building Area: 1,693
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,693
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411102

Geography

  • Account Number: D101055034
  • District: 307
  • Parcel: WALP M:00035 B:00208 L:00000
  • Block: 208
  • Municipality: WALPOLE
  • Latitude: 42.1392
  • Longitude: -71.2278

    Address

  • Full Address: 40 Alton St
  • Address - House Number: 40
  • Address - Street Name: Alton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: C002
  • 4-Digit Zip Code: 4102
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $776,900

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 702,053
  • High Value: 825,464
  • Low Value: 578,642

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $587,700
  • Assessed Land Value: $326,400
  • Assessed Improvements Value: $261,300

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65368
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 Walpole

Stats & Trends

Median Asking:

$672,000

Sale Price/ft²

$386

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1554 ft²

Average Home Age

30.8 years

Currently For Sale

25 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: 6 months ago
Data Source: MLS PIN, MLS# 72991757

Frequently Asked Questions

When was property at 40 Alton Street built and last sold?
The property at 40 Alton Street was built in 1959 and last sold on Jul 22, 2022 for $605,000.
How much is this home worth?
The estimated value of the home located at 40 Alton Street is $575,804.
What are some comparable homes to 40 Alton Street?
There are currently no comparable homes to 40 Alton Street.
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