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Essex
5 Flatley Avenue
$450,000
● House - Off Market

5 Flatley Avenue

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,860 Ft²
$954,833
RealtyHop Estimate
108.02%
Since Feb 1, 2013
MA-Boston
Primary Model

About This Property

Surprisingly spacious 4 BR Colonial on private road, with endless possibilities! Enter into ample living area w/hw floor, through sizable Kitchen & DR that lead to deck overlooking quaint yard, Master BR, Bath w/Laundry. 2nd fl offers 3 good size BR, hw floors throughout and 2nd Bath. Walk-out basement is partially finished & heated w/home office, workshop, 2nd laundry area and more. Perfectly fine as is, but priced to create your ideal home, within walking distance to Manchester schools & town.
Unit Size
1,860 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$247
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1952

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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 #71448384)

Price History

Date / Event Date Event Price
Jan 28, 2013 Sold
Premium
Sold
Oct 17, 2012 Listed by By The Sea Sotheby's International Realty $459,000
Listed by By The Sea Sotheby's International Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,073
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,690
  • Total Building Area: 1,798
  • Gross Building Area: 3,511
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: D

Geography

  • District: 166
  • Parcel: MANC M:0049 B:0000 L:0040
  • Lot: 40
  • Municipality: MANCHESTER
  • Latitude: 42.5802
  • Longitude: -70.7693

    Address

  • Full Address: 5 Flatley Ave
  • Address - House Number: 5
  • Address - Street Name: Flatley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Manchester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1329
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $606,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 846,296
  • High Value: 1,025,749
  • Low Value: 666,843

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $648,400
  • Assessed Land Value: $306,800
  • Assessed Improvements Value: $341,600

    Sales

  • Current Sale Recording Date: Jan 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jan 22, 2007
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 4 months ago
Data Source: MLS PIN, MLS# 71448384

Frequently Asked Questions

When was property at 5 Flatley Avenue built and last sold?
The property at 5 Flatley Avenue was built in 1952 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 5 Flatley Avenue is $475,865.
What are some comparable homes to 5 Flatley Avenue?
There are currently no comparable homes to 5 Flatley Avenue.
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