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Walpole 02081
87 Edgewood Avenue
$560,000
● House - Off Market

87 Edgewood Avenue

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,906 Ft²
$750,147
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

**Please note seller requests buyers' best offers by Monday, 2/10 @ 7pm (no escalation offers please) - seller will reply by noon on Tuesday, 2/11** A perfect 10!  Beautifully renovated, perfectly appointed, desirably located. Proud to offer this designer dream home abutting private Walpole Country Club set on a gorgeous lot fronting a quiet dead end street in an established neighborhood.  Fully renovated in 2016 and further improved in 2019, all you need to do is unpack your bags. Custom features are found throughout, including the beautiful open kitchen, modern bathrooms, new walk-in closets, finished basement, dark oak hardwoods, trendy tile, vibrant colors and an oversized deck.  Large level yard is perfect for play and offers distant views of the 14th fairway.
Unit Size
1,906 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$283
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1951

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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: 5 months ago (MLSPIN #72616133)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
Mar 26, 2020 Sold
Premium
Sold
Feb 5, 2020 Listed by Brad Brooks Real Estate Brokerage $539,900
Listed by Brad Brooks Real Estate Brokerage
Jul 19, 2016 Sold
Premium
Sold
Apr 29, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 0
  • 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: 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: 15,321
  • Total Building Area: 1,306
  • Gross Building Area: 2,616
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000352
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411102

Geography

  • Account Number: D141461038
  • District: 307
  • Parcel: WALP M:00042 B:00121 L:00000
  • Block: 121
  • Municipality: WALPOLE
  • Latitude: 42.1297
  • Longitude: -71.2378

    Address

  • Full Address: 87 Edgewood Ave
  • Address - House Number: 87
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Walpole
  • Carrier Code: C001
  • 4-Digit Zip Code: 3108
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $764,900

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 682,693
  • High Value: 802,701
  • Low Value: 562,685

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,600
  • Assessed Land Value: $322,000
  • Assessed Improvements Value: $256,600

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1524402
  • Previous Sale Recording Date: Mar 26, 2020
  • Previous Sale Contract Date: Mar 17, 2020
  • Previous Sale Amount: $560,000
  • 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 Walpole

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$385

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1641 ft²

Average Home Age

27.9 years

Currently For Sale

26 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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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72616133

Frequently Asked Questions

When was property at 87 Edgewood Avenue built and last sold?
The property at 87 Edgewood Avenue was built in 1951 and last sold on Jul 31, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 87 Edgewood Avenue is $559,727.
What are some comparable homes to 87 Edgewood Avenue?
There are currently no comparable homes to 87 Edgewood Avenue.
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