$575,500
●
House -
Off Market
495 Stearns Avenue
Mansfield, MA 02048
3 Beds
2 Baths
2,178 Ft²
$937,950
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
LAND AND PRIVACY. HORSE PROPERTY! SPECTACULAR 1 of a kind timber
frame Post & Beam style home and Horse property situated on 6.8
acres of land. Pastoral setting! This is a private retreat for
horse lovers and nature lovers. Custom built timber frame home
which is truly unique. There is nothing like it in the area. Melt
in relaxation in a glass enclosed all season Brady Sun Room.
Vaulted great room. Exquisite landscape and privacy. 3 bedrooms,
cathedral ceilings, hardwood floors, detached 2 car garage with
finished loft. Two stall horse barn with attached paddocks and a
professional outdoor riding area. third paddock with run in shed. 3
miles from Borderland State park. Home also has central air, 2
pellet stoves. The list keeps going. ATTENTION
DEVELOPERS SEE FIRM REMARKS ABOUT POTENTIAL REDEVELOPMENT OF
PROPERTY INTO A RESIDENTIAL COMPOUND.
Unit Size
2,178 Ft²
Days on Market
-
Land Size
6.85 acres
Price per sqft
$270
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1980
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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 #72126659)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2017 | Sold | ||
| Sold | |||
| Mar 5, 2017 | Listed by Monarch Realty Group, LLC | $589,000 | |
| Listed by Monarch Realty Group, LLC | |||
| Aug 14, 2010 | Listed by RE/MAX Executive Realty | $749,900 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
This unique post & beam style home offers a Currier & Ives setting, situated on over 6 acres. This approved 3 lot residential compound (2 additional lots come with the property) has it all! With 2100+ sqft of living space the main house offers 3 bedrooms, cathedral living room/great room, cabinet packed kitchen w/stainless appliances, large dining room & heated sunroom. Also includes a garage w/office. Great opportunity for a family compound or horses! motivated seller bring an offer.
| |||
| Jun 1, 2010 | Listed by RE/MAX Executive Realty | $774,500 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
A nust see. Unique post & beam style home offers a Currier & Ives setting, situated on over 6 acres. This approved 3 lot residential compound (2 additional lots come with the property) has it all! With 2100+ sqft of living space the main house offers 3 bedrooms, cathedral living room/great room, cabinet packed kitchen w/stainless appliances, large dining room & heated sunroom. Also includes a garage w/office. Great opportunity for a family compound or horses!
| |||
| Feb 18, 2010 | Listed | $799,900 | |
| Listed | |||
| | |||
|
3 lot residential compound with existing home on 1 lot. Approvals in hand for 3 lots and open space; could be also converted into a subdivision with new approvals. Existing home is 7 room post & beam style with everything you could imagine. Also includes a garage w/office. Great opportunity for a family compound or to live in one home while you develop 2 additional lots. Water is at street and road is ready to go in. Don’t delay see this property today.
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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