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Shirley 01464
48 Fredonian St
$311,000
● House - Off Market

48 Fredonian St

Shirley, MA 01464
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,164 Ft²
$333,345
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Classic New England Village Colonial on the outside, bright and open on the inside. Home features a large open kitchen with huge  island, loads of cabinets, and is open to dining area with bay window. 1st floor bath is tiled and accessible. Walk up the wood staircase  to the second floor featuring  2 bedrooms with wood floors, and a  full bath with tile and a skylight. Plenty of room in the backyard for outdoor activities. Located within walking distance to the MBTA commuter rail, a park and a small pond.  Easy access to Rte 2.
Unit Size
1,164 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$245
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1910

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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 years ago (MLSPIN #72820224)

Price History

Date / Event Date Event Price
Jun 17, 2021 Sold
Premium
Sold
Apr 25, 2021 Listed by Keller Williams Realty North Central $284,900
Listed by Keller Williams Realty North Central

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 100
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,894
  • Total Building Area: 1,164
  • Gross Building Area: 2,656
  • Building Area: 1,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,164
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ayer-Shirley School District
  • Census Tract: 388200

Zoning

  • Zoning: R3

Geography

  • Parcel: SHIR M:0015 B:000B L:00018
  • Block: B
  • Lot: 18
  • Municipality: SHIRLEY
  • Latitude: 42.5421
  • Longitude: -71.6492

    Address

  • Full Address: 48 Fredonian St
  • Address - House Number: 48
  • Address - Street Name: Fredonian
  • Address - Suffix Type: St
  • State: MA
  • City Name: Shirley
  • Zip Code: 01464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $426,600

    Appraisal Valuation

  • Standard Deviation: 0.1918
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 385,481
  • High Value: 459,418
  • Low Value: 311,543

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $314,400
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $203,400

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 137192
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 Shirley

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$289

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2160 ft²

Average Home Age

126 years

Currently For Sale

1 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 years ago
Data Source: MLS PIN, MLS# 72820224

Frequently Asked Questions

When was property at 48 Fredonian Street built and last sold?
The property at 48 Fredonian Street was built in 1910 and last sold on Jun 17, 2021 for $311,000.
How much is this home worth?
The estimated value of the home located at 48 Fredonian Street is $290,110.
What are some comparable homes to 48 Fredonian Street?
There are currently no comparable homes to 48 Fredonian Street.
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