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Walpole 02081
51 School Street
$360,000
● House - Off Market

51 School Street

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,188 Ft²
$534,129
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Location, Location, Location walk-to-town & train. Fantastic opportunity to own a 4 bedroom home in Walpole Fisher school district. Seeking new owners to give this home a little TLC. Four bedrooms (1 on the first floor and 3 on the second floor) and one and a half baths. Large kitchen with a good amount of cabinet space. Breezeway and one car attached garage. Large level backyard on .30 of an acre.  Extra 494 sq.ft in the finished basement with lots of extra storage and a laundry hookups. Recently updated siding and windows and town water and sewer. First showings at an open house Sep 21st.
Unit Size
1,188 Ft²
Days on Market
-
Land Size
-
Price per sqft
$316
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1957

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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 #72567045)

Price History

Date / Event Date Event Price
Nov 27, 2019 Sold
Premium
Sold
Sep 18, 2019 Listed by Keller Williams Elite $375,000
Listed by Keller Williams Elite

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 13,345
  • Total Building Area: 1,188
  • Gross Building Area: 2,090
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000306
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411200

Geography

  • Account Number: D050557011
  • District: 307
  • Parcel: WALP M:00025 B:00207 L:00000
  • Block: 207
  • Municipality: WALPOLE
  • Latitude: 42.1494
  • Longitude: -71.2481

    Address

  • Full Address: 51 School St
  • Address - House Number: 51
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: C015
  • 4-Digit Zip Code: 3531
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $620,900

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 543,600
  • High Value: 642,565
  • Low Value: 444,635

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $469,700
  • Assessed Land Value: $278,600
  • Assessed Improvements Value: $191,100

    Sales

  • Current Sale Contract Date: Nov 20, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111387
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:

$629,000

Sale Price/ft²

$386

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1662 ft²

Average Home Age

36.9 years

Currently For Sale

30 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# 72567045

Frequently Asked Questions

When was property at 51 School Street built and last sold?
The property at 51 School Street was built in 1957 and last sold on Nov 20, 2019 for $360,000.
How much is this home worth?
The estimated value of the home located at 51 School Street is $381,375.
What are some comparable homes to 51 School Street?
There are currently no comparable homes to 51 School Street.
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