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Essex
8 Park Avenue
$460,000
● House - Off Market

8 Park Avenue

Middleton, MA 01949
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$712,698
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Perfectly maintained 3-4 bedroom Cape offers 2 full baths, beautifully, updated (2003) kitchen with Sileston counters, stainless appliance, island seating and ceramic tile flooring, spacious front-to-back 1st floor master bedroom, NEW (2016) full bath offers granite vanity with double copper sinks, massive walk-in tile shower with rain head shower, hardwood flooring, finished lower level with family room and 4th bedroom, central air (3 years old) on 1st floor and lower level only, replacement windows, security system, level lot with inground, heated (propane) pool with 2 year old liner, pavers patio, screen house with newer windows, breezeway, one car attached garage with new(2016) garage door, super convenient location.  Nothing to do but move in!!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$303
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1949

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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 #72140224)

Price History

Date / Event Date Event Price
Jun 30, 2017 Sold
Premium
Sold
Apr 4, 2017 Listed by Carpenito Real Estate, Inc. $455,000
Listed by Carpenito Real Estate, Inc.
Aug 30, 2013 Sold
Premium
Sold
May 15, 2013 Listed by Carpenito Real Estate, Inc. $379,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 408
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 12,249
  • Total Building Area: 1,102
  • Gross Building Area: 3,009
  • Building Area: 1,102
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,102
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000281
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 212102

Zoning

  • Zoning: B

Geography

  • Parcel: MIDD M:0029 B:0000 L:0010
  • Lot: 10
  • Municipality: MIDDLETON
  • Latitude: 42.5815
  • Longitude: -71.0042

    Address

  • Full Address: 8 Park Ave
  • Address - House Number: 8
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Middleton
  • Carrier Code: R004
  • 4-Digit Zip Code: 2309
  • Zip Code: 01949

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $705,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 684,769
  • High Value: 803,020
  • Low Value: 566,518

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $598,000
  • Assessed Land Value: $265,000
  • Assessed Improvements Value: $333,000

    Sales

  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1050
  • Previous Sale Recording Date: Aug 30, 2013
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: O
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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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# 72140224

Frequently Asked Questions

When was property at 8 Park Avenue built and last sold?
The property at 8 Park Avenue was built in 1949 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 8 Park Avenue is $463,694.
What are some comparable homes to 8 Park Avenue?
There are currently no comparable homes to 8 Park Avenue.
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