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Dedham 02026 Riverdale
48 Berkeley
$250,000
● House - Off Market

48 Berkeley

Dedham, MA 02026
bedrooms
1 Bed
bathrooms
1 Bath
square feet
665 Ft²
$446,202
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

INVESTORS TAKE NOTICE.  This little home is on .32 acres of  land looking out to the Charles River (The Mother Brook)  Owner started to rehab and has decided to sell.  High ceilings with endless possibilities.  Home has public water and sewer along as it's own well.  Shed out back.  Walking trail to the Charles.  Enjoy boating and fishing.   Seller is related to agent.
Unit Size
665 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$451
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
2021

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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 months ago (MLSPIN #72342100)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
Nov 14, 2018 Sold
Premium
Sold
Jun 7, 2018 Listed by Berkshire Hathaway HomeServices Verani Realty $300,000
Listed by Berkshire Hathaway HomeServices Verani Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 7
  • Basement Area: 1,658
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,112
  • Total Building Area: 3,738
  • Gross Building Area: 6,095
  • Building Area: 3,738
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,738
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000324
  • 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: 402101

Zoning

  • Zoning: G

Geography

  • Parcel: DEDH M:0040 L:0008
  • Lot: 8
  • Municipality: DEDHAM
  • Latitude: 42.261
  • Longitude: -71.1757

    Address

  • Full Address: 48 Berkeley Rd
  • Address - House Number: 48
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dedham
  • Carrier Code: C014
  • 4-Digit Zip Code: 1708
  • Zip Code: 02026

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $772,600

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 965,874
  • High Value: 1,115,535
  • Low Value: 816,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $601,700
  • Assessed Land Value: $289,600
  • Assessed Improvements Value: $312,100

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1517282
  • Previous Sale Recording Date: Nov 14, 2018
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: O

    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 Riverdale

Stats & Trends

Median Asking:

$729,000

Sale Price/ft²

$476

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1907 ft²

Average Home Age

57.2 years

Currently For Sale

5 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: 4 months ago
Data Source: MLS PIN, MLS# 72342100

Frequently Asked Questions

When was property at 48 Berkeley Road built and last sold?
The property at 48 Berkeley Road was built in 2021 and last sold on Feb 17, 2023 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 48 Berkeley Road is $299,471.
What are some comparable homes to 48 Berkeley Road?
There are currently no comparable homes to 48 Berkeley Road.
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