NOT LISTED FOR SALE

244 Hall St Raynham, MA 02767

Estimated Value: $843,866 - $883,000

6 Beds
3 Baths
2,798 Sq Ft
$307/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $855,000 $306 Per Sq Ft

Current estimated payment $5,585/month

4 Days on Market

Highlights

  • Open Floorplan
  • Window Unit Cooling System
  • Patio
  • Porch
  • Bathtub with Shower
  • Living Room

About This Home

As of June 2024

*Open Houses 4:30pm - 6pm Friday (3/15) and 10am -12pm Saturday (3/16)* CASH COW in Raynham! Don't miss this LEGAL 3-family home nearly totally rebuilt from the foundation up in 2014! This home features 3 beautiful/updated stacked 2 bed 1 bath units, and is situated on a generous .69 acre lot with a huge yard in a quiet residential neighborhood. This home opens up SO many possibilities. Rent all 3 units (the home has separate utilities for each unit). Live in one, and rent two to cut down on your living costs. Or acquire this home as a multi-generational option (the lower level unit has ground-level entry and no stairs). The only unit currently rented at market rate (3rd floor) is currently fetching $2,600 p/month including utilities. The home can be delivered vacant, but lower level tenant is willing to stay. CAP RATE est. to be 7.8%!! Ask for pro forma for breakdown of expenses & projected rents. (Pro forma is attached to MLS for agents). Showings during Open Houses only!

Last Listed By

Erika Collins

Collins Realty Group, LLC Listed on: 03/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,589

Year Built

  • Built in 1920

Lot Details

  • 0.69 Acre Lot
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,798 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Storage
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Patio
  • Rain Gutters
  • Porch

Schools

  • Merrill/Lalib Elementary School
  • Raynham Middle School
  • Bridg-Rayn High School

Utilities

  • Window Unit Cooling System
  • 12 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $6,500
  • Rent includes unit 3(heat electric water other (see remarks))
  • Assessor Parcel Number M:3 B:240 L:E,2931969

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $3,000
  • Water Sewer Expense $125
  • Operating Expense $11,700
  • Net Operating Income $66,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,589

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile
  • Interior Amenities: Laundry Room, Ceiling Fan(s), Upgraded Cabinets, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Broadband, Storage, Remodeled, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 2798
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8186
  • LIST PRICE PER Sq Ft: 303.75
  • PRICE PER Sq Ft: 305.58
  • MAIN SO: AN8186

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 12
  • COOLING ZONES: 0
  • Hot Water: Electric

Condo/Co-op/Association

  • Rent Includes: Unit 3(Heat,Electric,Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 125

Lot Info

  • Parcel Number: M:3 B:240 L:E,2931969
  • Zoning: Resi
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.69
  • Lot Size Area: 0.69
  • Lot Size Sq Ft: 30000
  • Lot Size Units: Acres
  • PAGE: 338
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7589
  • Tax Book Number: 23309

Multi Family

  • Gross Income: 78000
  • Insurance Expense: 3000
  • Net Operating Income: 66300
  • Number Of Units Total: 3
  • Operating Expense: 11700
  • Total Actual Rent: 6500
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: Bridg-Rayn
  • Elementary School: Merrill/Lalib
  • Middle Or Junior School: Raynham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2016
Sold by
Andrade Construction L
Bought by
Gallego Richard C and Gallego Carey L
Total Days on Market
4
Current Estimated Value
$858,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Outstanding Balance
$315,751
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$542,466

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 22, 2013
Sold by
Woolf Nancy C
Bought by
Andrede Construction L
Seller's Agent
Denise Higgins
Goodwin Realty Group, LLC
Buyer's Agent
Joanne Berube
Keller Williams Realty
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Nov 13, 2012
Sold by
Procida Rosemary E and Woolf Nancy C
Bought by
Woolf Nancy C

Purchase Details

Closed on
Dec 19, 2007
Sold by
Woolfe Nancy C
Bought by
Procida Rosemary E and Woolfe Nancy C

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gallego Richard C $400,000 --
Andrede Construction L $250,000 --
Woolf Nancy C -- --
Woolf Nancy C -- --
Procida Rosemary E -- --
Procida Rosemary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallego Richard C $392,755
Closed Procida Rosemary E $392,755
Previous Owner Woolf Nancy C $231,525
Previous Owner Woolf Nancy C $225,000
Previous Owner Woolf Nancy C $25,000
Previous Owner Procida Rosemary E $180,000
Previous Owner Procida Rosemary E $125,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $855,000 +0.6% $306 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $849,900 +240.0% $304 / Sq Ft
08/22/2013 08/22/13 Sold $250,000 0.0% $158 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $249,900 -- $158 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,926 $820,300 $215,000 $605,300
2024 $7,589 $611,000 $195,500 $415,500
2023 $6,142 $451,600 $176,000 $275,600
2022 $6,227 $419,900 $166,200 $253,700
2021 $6,024 $410,100 $156,400 $253,700
2020 $5,797 $402,300 $148,600 $253,700
2019 $5,417 $380,700 $138,800 $241,900
2018 $5,456 $366,200 $131,000 $235,200
2017 $4,931 $328,100 $125,100 $203,000
2016 $4,761 $317,800 $121,200 $196,600
2015 $3,853 $252,800 $125,900 $126,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73211208

MLS Property Information Network (MLS PIN)

APN: RAYN-000003-000240-E000000