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Norfolk
97 Mechanic St
$495,500
● House - Off Market

97 Mechanic St

Canton, MA 02021
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,182 Ft²
$508,767
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

Well Maintained Colonial in a super convenient location that is just steps away from town center & train. Features include a main level with 3 season enclosed porch / mudroom, eat in kitchen with gas cooking & side pantry / prep area, nice size living room and formal dining room with built in. There are 3 bedrooms and full tile bath on the 2nd floor and a walk out basement for great extra space / storage. Updates & amenities include hardwood floors, newer heat, replacement windows, updated electrical, new hot water heater, maintenance free aluminum siding, storage shed, stone patio and a good size usable yard.
Unit Size
1,182 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$423
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1875

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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 #73082247)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Mar 15, 2023 In contract -
In contract
Mar 14, 2023 Price Decreased $499,900
↓ $20K (3.9%)
Price Decreased
Feb 28, 2023 Price Increased $519,900
↑ $20K (4%)
Price Increased
Feb 27, 2023 Listed by William Raveis R.E. & Home Services $499,900
Listed by William Raveis R.E. & Home Services
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,305
  • Total Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,182
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Canton School District
  • Census Tract: 415104

Zoning

  • Zoning: GR

Geography

  • Account Number: 2064
  • Parcel: CANT M:25 P:158
  • Municipality: CANTON
  • Latitude: 42.1511
  • Longitude: -71.1443

    Address

  • Full Address: 97 Mechanic St
  • Address - House Number: 97
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Canton
  • Carrier Code: C017
  • 4-Digit Zip Code: 3110
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $460,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2345
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 542,375
  • High Value: 669,568
  • Low Value: 415,181

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $462,100
  • Assessed Land Value: $282,600
  • Assessed Improvements Value: $179,500

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21818
  • Previous Sale Recording Date: Nov 30, 1983
  • Previous Sale Amount: $59,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$755,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2565 ft²

Average Home Age

59.6 years

Currently For Sale

1396 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73082247

Frequently Asked Questions

When was property at 97 Mechanic Street built and last sold?
The property at 97 Mechanic Street was built in 1875 and last sold on Apr 14, 2023 for $495,500.
How much is this home worth?
The estimated value of the home located at 97 Mechanic Street is $505,397.
What are some comparable homes to 97 Mechanic Street?
There are currently no comparable homes to 97 Mechanic Street.
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