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Abington 02351
89 Centre Avenue
$125,000
● Land - Off Market

89 Centre Avenue

Abington, MA 02351
bedrooms
Studio
bathrooms
0 Bath
$192,442
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

39,621 square foot lot located across from Island Grove Pond. Seller is in process of renewing town approvals for the lot. prior approvals have expired. lot is to the left of 79 Centre Avenue. Walk to Abington Center, close to shopping.
Unit Size
-
Days on Market
-
Land Size
0.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
$218
HOA Dues
-
Year Built
2018

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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 #72305722)

Price History

Date / Event Date Event Price
Jan 25, 2019 Sold
Premium
Sold
Aug 9, 2018 Sold
Premium
Sold
Apr 9, 2018 Listed by Old Town Real Estate, L L C $130,000
Listed by Old Town Real Estate, L L C

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 39,621
  • Total Building Area: 1,744
  • Gross Building Area: 2,769
  • Building Area: 1,744
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,744
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Abington School District
  • School Tax School District: ABINGTON SD
  • Census Tract: 520100

Geography

  • Account Number: 84 49 A
  • Parcel: ABIN M:23 L:140-A
  • Lot: 140-A
  • Municipality: ABINGTON
  • Latitude: 42.1066
  • Longitude: -70.9409

    Address

  • Full Address: 89 Centre Ave
  • Address - House Number: 89
  • Address - Street Name: Centre
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Abington
  • Carrier Code: C004
  • 4-Digit Zip Code: 2247
  • Zip Code: 02351

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $829,000

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 654,043
  • High Value: 775,420
  • Low Value: 532,666

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,600
  • Assessed Land Value: $225,400
  • Assessed Improvements Value: $394,200

    Sales

  • Current Sale Contract Date: Jan 25, 2019
  • Current Sale Recording Date: Jan 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5534
  • Previous Sale Recording Date: Aug 09, 2018
  • Previous Sale Amount: $125,000
  • 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 Abington

Stats & Trends

Median Asking:

$579,950

Sale Price/ft²

$363

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2107 ft²

Average Home Age

66.5 years

Currently For Sale

25 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: 5 months ago
Data Source: MLS PIN, MLS# 72305722

Frequently Asked Questions

When was property at 89 Centre Avenue built and last sold?
The property at 89 Centre Avenue was built in 2018 and last sold on Jan 25, 2019 for $400,000.
How much is this home worth?
The estimated value of the home located at 89 Centre Avenue is $131,300.
What are some comparable homes to 89 Centre Avenue?
There are currently no comparable homes to 89 Centre Avenue.
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