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Bellingham 02019
7 1st Ave
$160,000
● House - Off Market

7 1st Ave

Bellingham, MA 02019
bedrooms
2 Beds
bathrooms
1 Bath
square feet
824 Ft²
$292,933
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

This 1920's river front Estate Sale is priced to sell! With some vision and a little TLC this is the perfect home for someone looking to build a little sweat equity. Nestled on a quiet road close to 495, it's the perfect commuter location. This single level handicap accessible home features an enclosed back porch facing the Charles River, an open concept living, kitchen, and dining area, plus two good sized bedrooms. Contractors, fixer uppers, investors, or anyone looking for a great deal, this is the home for you! House to be sold 'as is'. Any inspections will be for informational purposes only. Public record puts this property in a flood plain, flood insurance is required.
Unit Size
824 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$243
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72518062)

Price History

Date / Event Date Event Price
Oct 15, 2019 Sold
Premium
Sold
Jun 13, 2019 Listed by ERA Key Realty Services $200,000
Listed by ERA Key Realty Services
Oct 31, 1996 Sold
Premium
Sold
Aug 29, 1996 Listed by ERA Key Realty Services $94,900
Listed by ERA Key Realty Services

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 384
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,056
  • Total Building Area: 824
  • Gross Building Area: 1,376
  • Building Area: 824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 824
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443106

Zoning

  • Zoning: RES

Geography

  • Parcel: BELL M:0040 B:0107 L:0000
  • Block: 107
  • Municipality: BELLINGHAM
  • Latitude: 42.0932
  • Longitude: -71.4749

    Address

  • Full Address: 7 1st Ave
  • Address - House Number: 7
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C010
  • 4-Digit Zip Code: 1449
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $360,700

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 360,780
  • High Value: 418,560
  • Low Value: 303,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $280,500
  • Assessed Land Value: $150,700
  • Assessed Improvements Value: $129,800

    Sales

  • Current Sale Contract Date: Oct 15, 2019
  • Current Sale Recording Date: Oct 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 93739
  • Previous Sale Recording Date: Oct 31, 1996
  • Previous Sale Amount: $90,000
  • 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 Bellingham

Stats & Trends

Median Asking:

$512,000

Sale Price/ft²

$307

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1622 ft²

Average Home Age

68.8 years

Currently For Sale

9 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: 5 months ago
Data Source: MLS PIN, MLS# 72518062

Frequently Asked Questions

When was property at 7 1st Avenue built and last sold?
The property at 7 1st Avenue was built in 1920 and last sold on Oct 15, 2019 for $160,000.
How much is this home worth?
The estimated value of the home located at 7 1st Avenue is $203,906.
What are some comparable homes to 7 1st Avenue?
There are currently no comparable homes to 7 1st Avenue.
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