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Boston 02136 Georgetown
48 Hillis Rd
$588,000
● House - Off Market

48 Hillis Rd

Boston, MA 02136
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,273 Ft²
$568,993
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

First time on the market in 60 years here is your opportunity to own this well cared for colonial in one of Boston's sought after neighborhoods. Conveniently located close to many area amenities including, Readville MBTA station about a mile in one direction and Cleary Square in the other. A short distance to the public skating rink, swimming pool and new playground. The home features a large living room with hardwood floors and a brick fireplace, an eat in kitchen with access to the updated deck and a half bathroom on the first floor. Three bedrooms all with hardwood floors and a full bathroom complete the second floor. The lower is partially finished with laundry hook ups and potential for a family room or perfect for a play area.
Unit Size
1,273 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$452
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1960

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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 #73142835)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Aug 8, 2023 In contract -
In contract
Aug 1, 2023 Listed by Compass $575,000
Listed by Compass

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,642
  • Total Building Area: 1,273
  • Gross Building Area: 2,001
  • Building Area: 1,273
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,273
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000061
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 140102

Zoning

  • Zoning: R1

Geography

  • Parcel: HYDE W:18 P:12133 S:000
  • Municipality: HYDE PARK
  • Latitude: 42.2493
  • Longitude: -71.1326

    Address

  • Full Address: 48 Hillis Rd
  • Address - House Number: 48
  • Address - Street Name: Hillis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hyde Park
  • Carrier Code: C003
  • 4-Digit Zip Code: 1632
  • Zip Code: 02136

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2498
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 588,208
  • High Value: 735,193
  • Low Value: 441,223

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $434,000
  • Assessed Land Value: $137,900
  • Assessed Improvements Value: $296,100

    Sales

  • Current Sale Contract Date: Sep 15, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58710
  • Previous Sale Recording Date: Jul 16, 2013
  • Previous Sale Document Type: 27
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 Hyde Park

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1941 ft²

Average Home Age

72.7 years

Currently For Sale

47 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 1201 River St, Other, MA, 02136

$1,530 /mo

  • 1 Bed
  • 1 Bath
1201 River St, Other, MA, 02136 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73142835

Frequently Asked Questions

When was property at 48 Hillis Road built and last sold?
The property at 48 Hillis Road was built in 1960 and last sold on Sep 15, 2023 for $588,000.
How much is this home worth?
The estimated value of the home located at 48 Hillis Road is $578,892.
What are some comparable homes to 48 Hillis Road?
There are currently no comparable homes to 48 Hillis Road.
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