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Bristol 02048
541 Elm St
$390,000
● House - Off Market

541 Elm St

Mansfield, MA 02048
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,598 Ft²
$606,333
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Secluded - Priced to Sell:  Cape With An Oversized 2 Car Garage Set Back From The Road - Home Needs Some TLC - Featuring 3 Bedrooms and 1.5 Baths. Family Room with a Fireplace.  Dining Room Has Hardwood Floors.  Large Front to Back Master Bedroom.  Partially Finished Basement. Large Enclosed Porch.  Route 495 and I-95 and the T Station in Mansfield....a Commuter's dream!
Unit Size
1,598 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$250
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1993

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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 #72299571)

Price History

Date / Event Date Event Price
Jun 8, 2018 Sold
Premium
Sold
Mar 28, 2018 Listed by United Real Estate Boston Metro South - West $400,000
Listed by United Real Estate Boston Metro South - West
Nov 2, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 56,628
  • Total Building Area: 1,728
  • Gross Building Area: 3,434
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mansfield School District
  • School Tax School District: MANSFIELD SD
  • Census Tract: 610202

Geography

  • Account Number: 1175
  • District: 167
  • Parcel: MANS M:007 B:015
  • Block: 15
  • Lot: 15
  • Municipality: MANSFIELD
  • Latitude: 41.9864
  • Longitude: -71.2422

    Address

  • Full Address: 541 Elm St
  • Address - House Number: 541
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mansfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 2611
  • Zip Code: 02048

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $727,800

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 620,693
  • High Value: 729,787
  • Low Value: 511,599

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $539,100
  • Assessed Land Value: $256,800
  • Assessed Improvements Value: $282,300

    Sales

  • Current Sale Recording Date: Jun 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20677
  • Previous Sale Recording Date: Nov 02, 2001
  • Previous Sale Amount: $284,900
  • 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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2262 ft²

Average Home Age

69.6 years

Currently For Sale

1153 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72299571

Frequently Asked Questions

When was property at 541 Elm Street built and last sold?
The property at 541 Elm Street was built in 1993 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 541 Elm Street is $409,618.
What are some comparable homes to 541 Elm Street?
There are currently no comparable homes to 541 Elm Street.
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