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Walpole 02081
48 Lewis Ave.
Photo of 48 Lewis Ave.
Sold on Sep 22, 2006

1

Map

$520,000
● House - Off Market

48 Lewis Ave.

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,561 Ft²
$1,020,100
RealtyHop Estimate
82.19%
Since Oct 1, 2006
MA-Boston
Primary Model

About This Property

An elegant, turn-of-the-century, walk to everything stately home with spacious rooms, hrdwd flrs, crown moulding, 8" baseboards. Large LR with gas log frpl, ornate decorative arched doorways, and a grand staircase curving up to the 2nd floor. DR has 8' wide, floor to ceiling, bay window. E-I-K has newer countertops & cabinets, and room for an island. Library has bookcase/desk wall. 4 br + bonus room ovr 2 gar. Electrical update completed. Refined grace throughtout.
Unit Size
2,561 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$219
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1900

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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 #70417658)

Price History

Date / Event Date Event Price
Sep 22, 2006 Sold
Premium
Sold
Jul 5, 2006 Listed $559,900
Listed
Aug 5, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 17,850
  • Total Building Area: 2,515
  • Gross Building Area: 5,076
  • Building Area: 2,515
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,515
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 255
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: D121241009
  • District: 307
  • Parcel: WALP M:00033 B:00225 L:00000
  • Block: 225
  • Municipality: WALPOLE
  • Latitude: 42.1415
  • Longitude: -71.2538

    Address

  • Full Address: 48 Lewis Ave
  • Address - House Number: 48
  • Address - Street Name: Lewis
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Walpole
  • Carrier Code: C008
  • 4-Digit Zip Code: 1802
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,054,600

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 968,056
  • High Value: 1,123,093
  • Low Value: 813,019

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $797,700
  • Assessed Land Value: $338,500
  • Assessed Improvements Value: $459,200

    Sales

  • Current Sale Recording Date: Sep 22, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 111412
  • Previous Sale Recording Date: Aug 05, 1994
  • Previous Sale Amount: $250,000
  • 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 Walpole

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$386

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1620 ft²

Average Home Age

30.2 years

Currently For Sale

25 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 months ago
Data Source: MLS PIN, MLS# 70417658

Frequently Asked Questions

When was property at 48 Lewis Avenue built and last sold?
The property at 48 Lewis Avenue was built in 1900 and last sold on Jan 1, 1970 for $520,000.
How much is this home worth?
The estimated value of the home located at 48 Lewis Avenue is $586,419.
What are some comparable homes to 48 Lewis Avenue?
There are currently no comparable homes to 48 Lewis Avenue.
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