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Raynham Center 02767
40 Richmond St
$460,000
● House - Off Market

40 Richmond St

Raynham, MA 02767
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,616 Ft²
$429,593
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

(Best and Final Due Tuesday 6/21/22 @ 12PM) New to the market is where you will find this 4-bed 2 bath raised ranch that has been owned by the same family for nearly 4 decades! This home has been well cared for over the years with many updates including Roof, Flooring, Deck, upgraded electric panel, town water, town sewer, plenty of off-street parking, and it's also located in a desirable area with easy access to all amenities. This home is very spacious and also provides extra living space in the finished basement that could be used for potential in-law setup. The backyard and new deck are great ways for entertaining. This house is just waiting for you!
Unit Size
1,616 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$260
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1965

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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 #72997709)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by Milestone Realty, Inc. $419,900
Listed by Milestone Realty, Inc.
Sep 1, 1978 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,521
  • Total Building Area: 1,616
  • Gross Building Area: 2,090
  • Building Area: 1,616
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,616
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bridgewater-Raynham School District
  • Census Tract: 612202

Geography

  • Account Number: 2708
  • Parcel: RAYN M:14 B:101 L:0
  • Block: 101
  • Municipality: RAYNHAM
  • Latitude: 41.9141
  • Longitude: -71.0573

    Address

  • Full Address: 40 Richmond St
  • Address - House Number: 40
  • Address - Street Name: Richmond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Raynham
  • Carrier Code: R014
  • 4-Digit Zip Code: 1309
  • Zip Code: 02767

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,100

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 507,875
  • High Value: 601,662
  • Low Value: 414,087

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $442,100
  • Assessed Land Value: $192,100
  • Assessed Improvements Value: $250,000

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27352
  • Previous Sale Recording Date: Sep 01, 1978
  • Previous Sale Amount: $39,000
  • 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 Raynham Center

Stats & Trends

Median Asking:

$565,000

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2378 ft²

Average Home Age

103.3 years

Currently For Sale

7 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# 72997709

Frequently Asked Questions

When was property at 40 Richmond Street built and last sold?
The property at 40 Richmond Street was built in 1965 and last sold on Jul 13, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 40 Richmond Street is $430,460.
What are some comparable homes to 40 Richmond Street?
There are currently no comparable homes to 40 Richmond Street.
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