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Walpole 02081
63 School Street
$392,000
● House - Off Market

63 School Street

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,174 Ft²
$513,559
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

OPPORTUNITY KNOCKS AT 63 SCHOOL STREET in Walpole. Lovely Cape Cod style home seeking new owners to give this home a little TLC. This darling home offers a walk-to-town & train location, three bedrooms (one on the main floor and two on the second floor) and one and a half baths. Breezeway and one car attached garage. Solar hot-water system is older. First floor bedroom. Fenced in level backyard on .32 of an acre with patio. Oak Kitchen with a good amount of cabinets. Full dining room with closet. Bright enclosed and heated sun porch offers extra living space. Second floor has two large common closets. Laundry hookups in basement. Town water and sewer. Come take a peek. Showings start immediately. All offers due Monday, April 22nd at 1:00 PM.
Unit Size
1,174 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$307
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1940

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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 #72484006)

Price History

Date / Event Date Event Price
Jun 6, 2019 Sold
Premium
Sold
Apr 18, 2019 Listed by Century 21 American Properties $359,900
Listed by Century 21 American Properties

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 13,997
  • Total Building Area: 1,174
  • Gross Building Area: 2,466
  • Building Area: 1,174
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,174
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: D050557002
  • District: 307
  • Parcel: WALP M:00025 B:00206 L:00000
  • Block: 206
  • Municipality: WALPOLE
  • Latitude: 42.1492
  • Longitude: -71.2482

    Address

  • Full Address: 63 School St
  • Address - House Number: 63
  • 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: $626,200

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 561,802
  • High Value: 651,777
  • Low Value: 471,828

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $473,700
  • Assessed Land Value: $279,100
  • Assessed Improvements Value: $194,600

    Sales

  • Current Sale Contract Date: May 21, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 44400
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

$385

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1643 ft²

Average Home Age

35 years

Currently For Sale

31 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# 72484006

Frequently Asked Questions

When was property at 63 School Street built and last sold?
The property at 63 School Street was built in 1940 and last sold on May 21, 2019 for $392,000.
How much is this home worth?
The estimated value of the home located at 63 School Street is $370,355.
What are some comparable homes to 63 School Street?
There are currently no comparable homes to 63 School Street.
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