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Brockton 02302
88 Massasoit Ave
$450,000
● House - Off Market

88 Massasoit Ave

Brockton, MA 02302
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,584 Ft²
$462,623
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Attention home buyers and Investors, here's an opportunity to have a single family residence or income producer. This beautiful Front to back split with plenty of LAND on a quiet CUL-DE SAC is current rented for $3,000! Convenient location on the Whitman line near hospitals and schools as well shopping. The house boasts hardwood floors throughout, tile in baths, finished basement with laundry, family den, office or work out room. HVAC system, central air, with quaint wood burning stove in basement for additional heat source. House comes wired with SURROUND SOUND SPEAKERS in basement. WI-FI enabled remote access heat/cool thermostat and high efficiency hot water heater! AS-IS. MOTIVATED SELLER.
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$294
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1985

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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 #73108251)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
Jul 12, 2023 In contract -
In contract
May 6, 2023 Listed by Greater Investments $465,990
Listed by Greater Investments
Feb 1, 2017 Sold
Premium
Sold
Oct 4, 2016 Listed by Greater Investments $298,900
Listed by Greater Investments
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 504
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,819
  • Total Building Area: 1,584
  • Gross Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brockton School District
  • Census Tract: 511200

Zoning

  • Zoning: R1C

Geography

  • Account Number: 144-080
  • Parcel: BROC M:144 R:080 S:
  • Municipality: BROCKTON
  • Latitude: 42.0815
  • Longitude: -70.9973

    Address

  • Full Address: 88 Massasoit Ave
  • Address - House Number: 88
  • Address - Street Name: Massasoit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Brockton
  • Carrier Code: C079
  • 4-Digit Zip Code: 3237
  • Zip Code: 02302

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $536,900

    Appraisal Valuation

  • Standard Deviation: 0.2043
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 503,272
  • High Value: 606,105
  • Low Value: 400,438

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,700
  • Assessed Land Value: $141,200
  • Assessed Improvements Value: $305,500

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49700
  • Previous Sale Recording Date: Feb 01, 2017
  • Previous Sale Amount: $290,000
  • 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 Brockton

Stats & Trends

Median Asking:

$509,850

Sale Price/ft²

$325

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1781 ft²

Average Home Age

76 years

Currently For Sale

160 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: 5 months ago
Data Source: MLS PIN, MLS# 73108251

Frequently Asked Questions

When was property at 88 Massasoit Avenue built and last sold?
The property at 88 Massasoit Avenue was built in 1985 and last sold on Aug 4, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 88 Massasoit Avenue is $468,661.
What are some comparable homes to 88 Massasoit Avenue?
There are currently no comparable homes to 88 Massasoit Avenue.
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