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Dedham 02026 Riverdale
7 Commonwealth Ave
$287,000
● House - Off Market

7 Commonwealth Ave

Dedham, MA 02026
bedrooms
2 Beds
bathrooms
1 Bath
square feet
816 Ft²
$475,370
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Stop the Rent Checks! Are you ready to start building YOUR own net worth and not your landlord's? This charming bungalow located close to Boston in an established family neighborhood might be less than your current rent check. Special financing options may be available to qualified first time home buyers. Hardwood floors, ceiling fans, replacement windows, granite counters, gas heat all located on a corner lot. It is possible to own for less than $1,700. Don't regret. All offers by 3:00 Monday 6/13.
Unit Size
816 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$349
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1933

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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 #72020936)

Price History

Date / Event Date Event Price
Jul 20, 2016 Sold
Premium
Sold
Jun 10, 2016 Listed by RE/MAX Home Team $284,999
Listed by RE/MAX Home Team
Mar 31, 1992 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,037
  • Total Building Area: 816
  • Gross Building Area: 1,819
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dedham School District
  • School Tax School District: DEDHAM SD
  • Census Tract: 402101

Zoning

  • Zoning: G

Geography

  • Parcel: DEDH M:0024 L:0030
  • Lot: 30
  • Municipality: DEDHAM
  • Latitude: 42.2676
  • Longitude: -71.1805

    Address

  • Full Address: 7 Commonwealth Ave
  • Address - House Number: 7
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dedham
  • Carrier Code: C014
  • 4-Digit Zip Code: 1403
  • Zip Code: 02026

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 478,717
  • High Value: 559,725
  • Low Value: 397,709

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,900
  • Assessed Land Value: $259,400
  • Assessed Improvements Value: $127,500

    Sales

  • Current Sale Contract Date: Jul 13, 2016
  • Current Sale Recording Date: Jul 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1357849
  • Previous Sale Recording Date: Mar 31, 1992
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 43
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 Riverdale

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$481

Below Asking

0.01%

Average Days on Market

62

Average Home Size

1841 ft²

Average Home Age

59.8 years

Currently For Sale

6 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: 4 months ago
Data Source: MLS PIN, MLS# 72020936

Frequently Asked Questions

When was property at 7 Commonwealth Avenue built and last sold?
The property at 7 Commonwealth Avenue was built in 1933 and last sold on Jul 13, 2016 for $287,000.
How much is this home worth?
The estimated value of the home located at 7 Commonwealth Avenue is $288,127.
What are some comparable homes to 7 Commonwealth Avenue?
There are currently no comparable homes to 7 Commonwealth Avenue.
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