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Dedham 02026
40 Mckinley Avenue
Photo of 40 Mckinley Avenue
Sold on Aug 31, 2010

1

Map

$310,500
● House - Off Market

40 Mckinley Avenue

Dedham, MA 02026
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,026 Ft²
$635,096
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

FIRST TIME HOME BUYERS! Won't last!! Feast your eyes on this appealing Colonial. This home has 5 rooms including 3 bedrooms, 1 full bath, and 1 half bath. Custom maple cabinets in kitchen with center island. Sliding glass doors to deck. Hardwood floors throughout with fireplaced living room. Large playroom/family room in basement plus smaller room for office or potential bathroom. Roof-approx. 4 years old. Close to all major routes, shopping, restaurants, commuter rail, Legacy Place, and BOSTON!
Unit Size
1,026 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$302
Property Type
House
Property Taxes
$350
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: 2 years ago (MLSPIN #71107620)

Price History

Date / Event Date Event Price
Aug 31, 2010 Sold
Premium
Sold
Jul 10, 2010 Listed $310,000
Listed

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: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 9
  • Basement Area: 520
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,400
  • Total Building Area: 1,156
  • Gross Building Area: 1,840
  • Building Area: 1,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,156
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRBANKS PARK
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dedham School District
  • School Tax School District: DEDHAM SD
  • Census Tract: 402400

Zoning

  • Zoning: B

Geography

  • Parcel: DEDH M:0151 L:0039
  • Lot: 39
  • Municipality: DEDHAM
  • Latitude: 42.2337
  • Longitude: -71.1673

    Address

  • Full Address: 40 Mckinley Ave
  • Address - House Number: 40
  • Address - Street Name: Mckinley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dedham
  • Carrier Code: C022
  • 4-Digit Zip Code: 4856
  • Zip Code: 02026

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $675,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 627,663
  • High Value: 724,875
  • Low Value: 530,451

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,400
  • Assessed Land Value: $299,100
  • Assessed Improvements Value: $227,300

    Sales

  • Current Sale Recording Date: Aug 31, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 85393
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 Dedham

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$448

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2419 ft²

Average Home Age

64.1 years

Currently For Sale

63 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: 2 years ago
Data Source: MLS PIN, MLS# 71107620

Frequently Asked Questions

When was property at 40 McKinley Avenue built and last sold?
The property at 40 McKinley Avenue was built in 1963 and last sold on Jan 1, 1970 for $310,500.
How much is this home worth?
The estimated value of the home located at 40 McKinley Avenue is $0.
What are some comparable homes to 40 McKinley Avenue?
There are currently no comparable homes to 40 McKinley Avenue.
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