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Bristol 02048
420 School Street
$484,000
● House - Off Market

420 School Street

Mansfield, MA 02048
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$496,782
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Great price for this starter home in Mansfield. Tri-level style with 3 bedrooms, 2 full baths, finished lower level, lots of hardwood floors in the home, large 2 car garage, large piece of land equal to an acre, fireplace, and deck. Central Vac. Open concept Livingroom and kitchen. Tile floors in both bathrooms. Easy maintenance with vinyl siding and vinyl windows. With a little elbow grease, this home could shine!! Great proximity to shopping, restaurants, downtown and highway access. NEW septic to be installed prior to closing.  Large lot and garage could be perfect for the contractor or landscaper. Great Potential In-Law set up!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$320
Property Type
House
Property Taxes
$509
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 #73137715)

Price History

Date / Event Date Event Price
Sep 22, 2023 Sold
Premium
Sold
Aug 7, 2023 In contract -
In contract
Jul 18, 2023 Listed by Gerry Abbott REALTORS® $499,900
Listed by Gerry Abbott REALTORS®
Sep 26, 2008 Sold
Premium
Sold
May 4, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 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: 43,560
  • Total Building Area: 984
  • Gross Building Area: 2,114
  • Building Area: 984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 984
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mansfield School District
  • School Tax School District: MANSFIELD SD
  • Census Tract: 610202

Geography

  • Account Number: 1503
  • District: 167
  • Parcel: MANS M:012 B:006
  • Block: 6
  • Lot: 6
  • Municipality: MANSFIELD
  • Latitude: 42.0114
  • Longitude: -71.2334

    Address

  • Full Address: 420 School St
  • Address - House Number: 420
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mansfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1812
  • Zip Code: 02048

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $620,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 530,793
  • High Value: 620,011
  • Low Value: 441,576

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $459,700
  • Assessed Land Value: $228,200
  • Assessed Improvements Value: $231,500

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27756
  • Previous Sale Recording Date: Sep 26, 2008
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2262 ft²

Average Home Age

69.6 years

Currently For Sale

1153 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73137715

Frequently Asked Questions

When was property at 420 School Street built and last sold?
The property at 420 School Street was built in 1965 and last sold on Sep 22, 2023 for $484,000.
How much is this home worth?
The estimated value of the home located at 420 School Street is $504,053.
What are some comparable homes to 420 School Street?
There are currently no comparable homes to 420 School Street.
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