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Braintree Town 02184 East Braintree
516 Union St
$418,000
● House - Off Market

516 Union St

Braintree, MA 02184
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,778 Ft²
$887,658
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Ranch offering one floor living with 4 bedrooms (4th can be used as a den), fireplace living room, dining room all with hardwood floors and full bath.  Eat-in kitchen with updated appliances and door leading to roof deck over garage.  Lower level includes fireplaced family room, laundry area and 1/2 bath.  New heating system, water tank, exterior doors, oil tank, roof & gutters....  All this on almost an acre of land.  Great commuter home....close to Rt 3 and train station
Unit Size
2,778 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$162
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1953

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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 #71470349)

Price History

Date / Event Date Event Price
Apr 18, 2013 Sold
Premium
Sold
Jan 7, 2013 Listed by William Raveis R.E. & Home Services $449,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,852
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,340
  • Total Building Area: 2,778
  • Gross Building Area: 4,472
  • Building Area: 2,778
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,778
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000972
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Braintree School District
  • School Tax School District: BRAINTREE SD
  • Census Tract: 419200

Zoning

  • Zoning: B

Geography

  • Parcel: BRAI M:3019 B:0 L:4
  • Lot: 4
  • Municipality: BRAINTREE
  • Latitude: 42.2167
  • Longitude: -70.9849

    Address

  • Full Address: 516 Union St
  • Address - House Number: 516
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: MA
  • City Name: Braintree
  • Carrier Code: C044
  • 4-Digit Zip Code: 4128
  • Zip Code: 02184

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $643,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1474
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 82
  • Final Value: 800,898
  • High Value: 918,970
  • Low Value: 682,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $678,600
  • Assessed Land Value: $385,300
  • Assessed Improvements Value: $293,300

    Sales

  • Current Sale Recording Date: Apr 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46445
  • Previous Sale Recording Date: Apr 18, 2013
  • Previous Sale Amount: $418,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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 East Braintree

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1833 ft²

Average Home Age

80.9 years

Currently For Sale

21 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 655 Washington Street, Weymouth, MA, 02188

$2,560 /mo

  • 1 Bed
  • 1 Bath
  • 759 ft²
655 Washington Street #A5D, Weymouth, MA, 02188 Listing by Equity Residential
Unit for rent at 1 Matthew Lane, Braintree, MA, 02184

$2,480 /mo

  • 1 Bed
  • 1 Bath
  • 770 ft²
1 Matthew Lane #Chatham, Braintree, MA, 02184 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71470349

Frequently Asked Questions

When was property at 516 Union Street built and last sold?
The property at 516 Union Street was built in 1953 and last sold on Jan 1, 1970 for $418,000.
How much is this home worth?
The estimated value of the home located at 516 Union Street is $486,742.
What are some comparable homes to 516 Union Street?
There are currently no comparable homes to 516 Union Street.
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