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Braintree Town 02184 East Braintree
97 Arborway Dr
$367,200
● House - Off Market

97 Arborway Dr

Braintree, MA 02184
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$621,436
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

*Motivated Seller! *Price Reduction!    Excellent Braintree location at an affordable price! Brand new roof, new energy efficient windows, top of the line Burnam gas burner, new gas water heater & new  basement cement floor in 2014, new electric panel, new garage door, newly painted inside and out! Hardwood floors, Brand new stainless steel refrigerator and dishwasher included along with washer / dryer.  Attic space for storage, Huge walk out  basement with 9 foot ceilings, partially finished and insulated, ready for your ideas! (Easy potential  in law unit!) Huge private back yard. Friendly family neighborhood, 3 min walk to Watson Park and Splash Pad, walk to Smith Beach at end of street & 2 boat marinas, easy walk to commuter rail at Weymouth Landing. (Currently being revitalized with shops and restaurants.)
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$347
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1928

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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 #72045734)

Price History

Date / Event Date Event Price
Oct 28, 2016 Sold
Premium
Sold
Jul 29, 2016 Listed by Today Real Estate, Inc. $374,900
Listed by Today Real Estate, Inc.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,080
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,947
  • Total Building Area: 1,080
  • Gross Building Area: 2,504
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Braintree School District
  • School Tax School District: BRAINTREE SD
  • Census Tract: 419400

Zoning

  • Zoning: B

Geography

  • Parcel: BRAI M:3038 B:0 L:16
  • Lot: 16
  • Municipality: BRAINTREE
  • Latitude: 42.2292
  • Longitude: -70.9656

    Address

  • Full Address: 97 Arborway Dr
  • Address - House Number: 97
  • Address - Street Name: Arborway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Braintree
  • Carrier Code: C008
  • 4-Digit Zip Code: 2335
  • Zip Code: 02184

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $482,200

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 582,208
  • High Value: 678,791
  • Low Value: 485,624

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $508,600
  • Assessed Land Value: $317,600
  • Assessed Improvements Value: $191,000

    Sales

  • Current Sale Recording Date: Oct 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112189
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 East Braintree

Stats & Trends

Median Asking:

$695,900

Sale Price/ft²

$415

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2109 ft²

Average Home Age

87.8 years

Currently For Sale

19 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 655 Washington Street, Weymouth, MA, 02188

$2,265 /mo

  • 1 Bed
  • 1 Bath
  • 709 ft²
655 Washington Street #A2-G2, Weymouth, MA, 02188 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72045734

Frequently Asked Questions

When was property at 97 Arborway Drive built and last sold?
The property at 97 Arborway Drive was built in 1928 and last sold on Jan 1, 1970 for $367,200.
How much is this home worth?
The estimated value of the home located at 97 Arborway Drive is $381,858.
What are some comparable homes to 97 Arborway Drive?
There are currently no comparable homes to 97 Arborway Drive.
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