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Brockton 02301
87 Packard Way
$197,000
● House - Off Market

87 Packard Way

Brockton, MA 02301
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,462 Ft²
$310,979
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

This property qualifies under Freddie Mac First Look, owner occupant offers only in the first 20 days (11/7/2016).  Pre-approval or proof of funds with all offers. P&S must be signed within 48hrs after offer is approved. Bank check with P&S. Sellers  addendum CANNOT be changed. Property is being sold AS IS
Unit Size
1,462 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$130
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1975

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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 #72082626)

Price History

Date / Event Date Event Price
Jan 13, 2017 Sold
Premium
Sold
Oct 18, 2016 Listed by Noonan Real Estate $189,900
Listed by Noonan Real Estate
Aug 31, 2015 Sold
Premium
Sold
Aug 11, 2004 Sold
Premium
Sold
Jun 18, 2004 Listed by Coldwell Banker Residential Brokerage - South Easton $229,900
Listed by Coldwell Banker Residential Brokerage - South Easton
FRONT TO BACK SPLIT. GOOD SHAPE. FINISHED BASEMENT WITH FULL BATH. LOTS OF POTENTIAL. THIS HOUSE HAS VINYL TILT IN WINDOWS AND VINYL SIDING. PRICED TO SELL!!

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 6
  • Basement Area: 442
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,769
  • Total Building Area: 1,462
  • Gross Building Area: 1,462
  • Building Area: 1,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,462
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brockton School District
  • Census Tract: 511500

Zoning

  • Zoning: R2

Geography

  • Account Number: 68-135
  • Parcel: BROC M:068 R:135 S:
  • Municipality: BROCKTON
  • Latitude: 42.0708
  • Longitude: -71.0251

    Address

  • Full Address: 87 Packard Way
  • Address - House Number: 87
  • Address - Street Name: Packard
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Brockton
  • Carrier Code: C084
  • 4-Digit Zip Code: 6111
  • Zip Code: 02301

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,500

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 487,803
  • High Value: 571,373
  • Low Value: 404,233

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $419,700
  • Assessed Land Value: $139,400
  • Assessed Improvements Value: $280,300

    Sales

  • Current Sale Recording Date: Jan 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4127
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Amount: $131,156
  • Previous Sale Document Type: 34
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:

$503,444

Sale Price/ft²

$325

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1764 ft²

Average Home Age

75.4 years

Currently For Sale

157 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 54 Haverhill St, MA, 02301

$1,695 /mo

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72082626

Frequently Asked Questions

When was property at 87 Packard Way built and last sold?
The property at 87 Packard Way was built in 1975 and last sold on Jan 1, 1970 for $197,000.
How much is this home worth?
The estimated value of the home located at 87 Packard Way is $209,407.
What are some comparable homes to 87 Packard Way?
There are currently no comparable homes to 87 Packard Way.
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