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Walpole 02081
40 Highland St
$361,000
● House - Off Market

40 Highland St

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,187 Ft²
$632,640
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

A wonderful Walpole offering at under $380k. Desirable 3 bedroom Ranch in much sought after OPR neighborhood. Nice touches throughout with open floor plan that fits todays life style. 1 car garage adds extra value to this lovely updated Ranch Style home. Also enjoy the attached seasonal screened Porch. BIG BONUS!!! Certificate for brand new 30 year Architectural roof included. Quality roof contract from one of Walpoles premier roofing contractors. Stripped and replaced. It Doesn't get better than this!
Unit Size
1,187 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$320
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1955

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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 #72002612)

Price History

Date / Event Date Event Price
Sep 14, 2016 Sold
Premium
Sold
May 10, 2016 Listed by RE/MAX Real Estate Center $379,900
Listed by RE/MAX Real Estate Center
Sep 1, 1999 Sold
Premium
Sold
Jun 12, 1999 Listed by RE/MAX Real Estate Center $214,900
Listed by RE/MAX Real Estate Center

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 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: 14,807
  • Total Building Area: 1,044
  • Gross Building Area: 2,723
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: D101021002
  • District: 307
  • Parcel: WALP M:00035 B:00307 L:00000
  • Block: 307
  • Municipality: WALPOLE
  • Latitude: 42.1433
  • Longitude: -71.2293

    Address

  • Full Address: 40 Highland St
  • Address - House Number: 40
  • Address - Street Name: Highland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: C002
  • 4-Digit Zip Code: 4106
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,400

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 585,460
  • High Value: 679,223
  • Low Value: 491,697

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,200
  • Assessed Land Value: $279,600
  • Assessed Improvements Value: $208,600

    Sales

  • Current Sale Contract Date: Sep 14, 2016
  • Current Sale Recording Date: Sep 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1362151
  • Previous Sale Recording Date: Sep 01, 1999
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 48
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

$385

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1664 ft²

Average Home Age

33.2 years

Currently For Sale

26 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72002612

Frequently Asked Questions

When was property at 40 Highland Street built and last sold?
The property at 40 Highland Street was built in 1955 and last sold on Sep 14, 2016 for $361,000.
How much is this home worth?
The estimated value of the home located at 40 Highland Street is $379,755.
What are some comparable homes to 40 Highland Street?
There are currently no comparable homes to 40 Highland Street.
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