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Mansfield Center 02048
7 Willis Street
$227,000
● House - Off Market

7 Willis Street

Mansfield, MA 02048
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,872 Ft²
$741,210
RealtyHop Estimate
222.41%
Since Jun 1, 1999
National-US
Primary Model

About This Property

EXCEPTIONAL WELL TAKEN CARE OF COLONIAL IN QUIET CUL DE SAC AREA WALKING DISTANCE TO SCHOOLS,DOWNTOWN OR COMMUTER RAIL NATURAL WOODWORK SOLID 6 PANEL DOORS HARDWOOD FLOORS
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$123
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1977

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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 years ago (MLSPIN #30290570)

Price History

Date / Event Date Event Price
May 28, 1999 Sold
Premium
Sold
Feb 3, 1999 Listed by RE/MAX Real Estate Center $229,900
Listed by RE/MAX Real Estate Center

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 15,011
  • Total Building Area: 1,872
  • Gross Building Area: 3,303
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • 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: 610100

Geography

  • Account Number: 3557
  • District: 167
  • Parcel: MANS M:027 B:208
  • Block: 208
  • Lot: 208
  • Municipality: MANSFIELD
  • Latitude: 42.0263
  • Longitude: -71.2103

    Address

  • Full Address: 7 Willis St
  • Address - House Number: 7
  • Address - Street Name: Willis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mansfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2313
  • Zip Code: 02048

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $719,800

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 665,800
  • High Value: 781,789
  • Low Value: 549,811

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,200
  • Assessed Land Value: $229,100
  • Assessed Improvements Value: $304,100

    Sales

  • Current Sale Recording Date: May 28, 1999
  • Current Sale Price:
    Premium
  • Current 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 Mansfield Center

Stats & Trends

Median Asking:

$587,500

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2304 ft²

Average Home Age

61.6 years

Currently For Sale

12 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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Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30290570

Frequently Asked Questions

When was property at 7 Willis Street built and last sold?
The property at 7 Willis Street was built in 1977 and last sold on Jan 1, 1970 for $227,000.
How much is this home worth?
The estimated value of the home located at 7 Willis Street is $0.
What are some comparable homes to 7 Willis Street?
There are currently no comparable homes to 7 Willis Street.
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