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Walpole 02081
48 Highland Street
$520,000
● House - Off Market

48 Highland Street

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,666 Ft²
$571,516
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model

About This Property

Charming New England Cape with 3 beds, 2 full baths, and recently renovated lower level awaits its new owner. Located in everyone's favorite Old Post Rd school district, this home provides sun-filled rooms with gleaming hardwood floors throughout and many updates including roof, furnace, and interior and exterior painting.  Other features include an eat-in kitchen; a large family room with a wood-burning stove; a custom, oversized screened-in porch, and a private backyard. Easy access to town center, train, and highways.Come fall in love.
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$306
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1955

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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 #72921789)

Price History

Date / Event Date Event Price
Dec 23, 2021 Sold
Premium
Sold
Nov 19, 2021 Listed by Coldwell Banker Realty - Westwood $510,000
Listed by Coldwell Banker Realty - Westwood

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 15,413
  • Total Building Area: 1,666
  • Gross Building Area: 3,015
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411102

Geography

  • Account Number: D101021003
  • District: 307
  • Parcel: WALP M:00035 B:00308 L:00000
  • Block: 308
  • Municipality: WALPOLE
  • Latitude: 42.143
  • Longitude: -71.2293

    Address

  • Full Address: 48 Highland St
  • Address - House Number: 48
  • Address - Street Name: Highland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: C002
  • 4-Digit Zip Code: 4106
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $715,500

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 656,704
  • High Value: 769,828
  • Low Value: 543,579

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $541,200
  • Assessed Land Value: $280,100
  • Assessed Improvements Value: $261,100

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1494932

    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 Walpole

Stats & Trends

Median Asking:

$672,000

Sale Price/ft²

$386

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1617 ft²

Average Home Age

32.4 years

Currently For Sale

26 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: 5 years ago
Data Source: MLS PIN, MLS# 72921789

Frequently Asked Questions

When was property at 48 Highland Street built and last sold?
The property at 48 Highland Street was built in 1955 and last sold on Dec 23, 2021 for $520,000.
How much is this home worth?
The estimated value of the home located at 48 Highland Street is $0.
What are some comparable homes to 48 Highland Street?
There are currently no comparable homes to 48 Highland Street.
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