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Brockton 02301
78 Rainbow Cir
$423,000
● House - Off Market

78 Rainbow Cir

Brockton, MA 02301
bedrooms
3 Beds
bathrooms
1 Bath
square feet
984 Ft²
$399,234
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

This is THE ONE you've been waiting for. This Cozy Ranch style home has 3 good sized bedrooms, 1 bath that's been updated, efficient wood stove insert in the living room for those cold winter days. Updates include New Roof, all New windows and doors inside and out, blown in insulation, New high efficiency Furnace, updated plumbing and electrical all done in 2009, New vinyl siding and new gutters in 2020, Garage roof done in 2019, fully fenced yard, newer driveway done around 2018. Oversized garage with bump out for additional storage plus an 8x16 Storage shed built in 2014 by East Coast Shed. Ideal location close to schools, shopping, restaurants and Rte 24. This home has been immaculately cared for.
Unit Size
984 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$404
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1956

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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 #73025897)

Price History

Date / Event Date Event Price
Jun 12, 2023 Sold
Premium
Sold
Aug 16, 2022 Listed by Coldwell Banker Realty - Easton $397,900
Listed by Coldwell Banker Realty - Easton
Jun 4, 2009 Sold
Premium
Sold
Apr 13, 2009 Listed by Coldwell Banker Realty - Easton $129,900
Listed by Coldwell Banker Realty - Easton
Apr 21, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,724
  • Total Building Area: 984
  • Gross Building Area: 984
  • Building Area: 984
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 984
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brockton School District
  • Census Tract: 510504

Zoning

  • Zoning: R1C

Geography

  • Account Number: 37-169
  • Parcel: BROC M:037 R:169 S:
  • Municipality: BROCKTON
  • Latitude: 42.0969
  • Longitude: -71.0377

    Address

  • Full Address: 78 Rainbow Cir
  • Address - House Number: 78
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Brockton
  • Carrier Code: C088
  • 4-Digit Zip Code: 2123
  • Zip Code: 02301

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $440,800

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 406,298
  • High Value: 439,527
  • Low Value: 373,069

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $366,700
  • Assessed Land Value: $146,100
  • Assessed Improvements Value: $220,600

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36398
  • Previous Sale Recording Date: Jun 04, 2009
  • Previous Sale Amount: $130,000
  • 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 Brockton

Stats & Trends

Median Asking:

$509,000

Sale Price/ft²

$325

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1784 ft²

Average Home Age

76.6 years

Currently For Sale

153 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

Unit for rent at 20 Haverhill St, MA, 02301

$1,695 /mo

  • 1 Bed
  • 1 Bath
20 Haverhill St, MA, 02301 Listing by Rick Rivera
Unit for rent at 54 Haverhill St, MA, 02301

$1,695 /mo

  • 1 Bed
  • 1 Bath
54 Haverhill St, MA, 02301 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73025897

Frequently Asked Questions

When was property at 78 Rainbow Circle built and last sold?
The property at 78 Rainbow Circle was built in 1956 and last sold on May 25, 2023 for $423,000.
How much is this home worth?
The estimated value of the home located at 78 Rainbow Circle is $389,826.
What are some comparable homes to 78 Rainbow Circle?
There are currently no comparable homes to 78 Rainbow Circle.
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