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Dover 02030
8 Monroe Court
$897,000
● House - Off Market

8 Monroe Court

Dover, MA 02030
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,402 Ft²
$1,396,708
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

New construction in the Dover Farms community.  This home will be constructed to exceed the EPA Energy Star Standards.  The last remaining property in Dover Farms, which, when completed, will have 20 single family homes with no age restrictions.  Come see the new neighborhood in the center of Dover.
Unit Size
2,402 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$362
Property Type
House
Property Taxes
$218
HOA Dues
$200
Year Built
2016

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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 #71972927)

Price History

Date / Event Date Event Price
Mar 20, 2017 Sold
Premium
Sold
Mar 16, 2016 Listed by Century 21 Commonwealth $869,000
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,554
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,347
  • Total Building Area: 2,748
  • Gross Building Area: 6,025
  • Building Area: 2,748
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,748
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000146
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dover School District
  • Census Tract: 405100

Zoning

  • Zoning: R

Geography

  • Parcel: DOVE M:0012 B:00066 L:000K
  • Block: 66
  • Lot: K
  • Municipality: DOVER
  • Latitude: 42.2457
  • Longitude: -71.2761

    Address

  • Full Address: 8 Monroe Ct
  • Address - House Number: 8
  • Address - Street Name: Monroe
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Dover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4201
  • Zip Code: 02030

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,354,700

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,432,218
  • High Value: 1,651,250
  • Low Value: 1,213,186

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,236,000
  • Assessed Land Value: $349,000
  • Assessed Improvements Value: $887,000

    Sales

  • Current Sale Recording Date: Mar 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23828

    Financing

  • First Mortgage Financing Type: UNK
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 Dover

Stats & Trends

Median Asking:

$1,925,000

Sale Price/ft²

$456

Below Asking

0.03%

Average Days on Market

69

Average Home Size

6048 ft²

Average Home Age

12.3 years

Currently For Sale

8 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71972927

Frequently Asked Questions

When was property at 8 Monroe Court built and last sold?
The property at 8 Monroe Court was built in 2016 and last sold on Jan 1, 1970 for $897,000.
How much is this home worth?
The estimated value of the home located at 8 Monroe Court is $881,046.
What are some comparable homes to 8 Monroe Court?
There are currently no comparable homes to 8 Monroe Court.
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