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Braintree Town 02184 East Braintree
41 Arborway Drive
$355,000
● House - Off Market

41 Arborway Drive

Braintree, MA 02184
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,112 Ft²
$449,935
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Investors/Cash Buyers...Desirable Braintree Neighborhood; 2/3 beds; 1 bath in desirable Braintree Neighborhood; walk to Smith Beach and Watson Park.  Easy Commute to Rt. 3/128; Braintree and Quincy T Station; Weymouth Landing Commuter Rail and on the 225 Bus line.   Heating system new in 2019; electrical updates in 2019; hot water heater will need to be replaced; Enclosed front entrance; fireplace in livingroom; basement with walkout to private backyard; driveway will fit 3 vehicles; This home is loaded with potential.   Many fall/winter projects.  Walk to neighborhood beach; park. DO NOT WALK ON BACK DECK !
Unit Size
1,112 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$314
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1917

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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: 4 years ago (MLSPIN #72720506)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Mar 1, 2021 Listed by eXp Realty $670,000
Listed by eXp Realty
Oct 1, 2020 Sold
Premium
Sold
Sep 3, 2020 Listed by eXp Realty $349,000
Listed by eXp Realty

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,256
  • Gross Building Area: 2,190
  • Building Area: 1,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,256
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Braintree School District
  • School Tax School District: BRAINTREE SD
  • Census Tract: 419400

Zoning

  • Zoning: B

Geography

  • Parcel: BRAI M:3042 B:0 L:23
  • Lot: 23
  • Municipality: BRAINTREE
  • Latitude: 42.2284
  • Longitude: -70.968

    Address

  • Full Address: 41 Arborway Dr
  • Address - House Number: 41
  • Address - Street Name: Arborway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Braintree
  • Carrier Code: C008
  • 4-Digit Zip Code: 2332
  • Zip Code: 02184

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $698,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 82
  • Final Value: 838,093
  • High Value: 962,307
  • Low Value: 713,879

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $736,400
  • Assessed Land Value: $293,300
  • Assessed Improvements Value: $443,100

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50388
  • Previous Sale Recording Date: Oct 01, 2020
  • Previous Sale Contract Date: Sep 23, 2020
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: O
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 East Braintree

Stats & Trends

Median Asking:

$697,350

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2152 ft²

Average Home Age

86.7 years

Currently For Sale

18 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

Unit for rent at 655 Washington Street, Weymouth, MA, 02188

$2,240 /mo

  • 1 Bed
  • 1 Bath
  • 709 ft²
655 Washington Street #A2-G2, Weymouth, MA, 02188 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72720506

Frequently Asked Questions

When was property at 41 Arborway Drive built and last sold?
The property at 41 Arborway Drive was built in 1917 and last sold on Apr 16, 2021 for $705,000.
How much is this home worth?
The estimated value of the home located at 41 Arborway Drive is $0.
What are some comparable homes to 41 Arborway Drive?
There are currently no comparable homes to 41 Arborway Drive.
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