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Marshfield 02050
12 Ferry St
$435,000
● House - Off Market

12 Ferry St

Marshfield, MA 02050
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,324 Ft²
$472,094
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This potential in Marshfield for this price point is almost non-existent. Passing Title 5 Septic Certificate in hand. Full 3 acre lot has an existing home which sits 100 feet back from the street. Could easily renovate the current house, add an addition, or someone looking for a larger project could consider tearing the property down and aiming to subdivide. Tons of potential. Attached one-car garage. Hardwood floors under some existing carpets. Ceilings in mud area and kitchen can be raised. Newer water heater. All utilities currently functioning as well. Multiple options for custom spec-house to be built on-site. Reach out for pricing/details on that if desired. Plans can be included with the sale.
Unit Size
1,324 Ft²
Days on Market
-
Land Size
3.01 acres
Price per sqft
$336
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73042919)

Price History

Date / Event Date Event Price
Dec 2, 2022 Sold
Premium
Sold
Nov 2, 2022 In contract -
In contract
Oct 12, 2022 Price Decreased $445,000
↓ $4K (0.9%)
Price Decreased
Oct 5, 2022 Price Increased $449,000
↑ $4K (0.9%)
Price Increased
Sep 29, 2022 Listed by Compass $445,000
Listed by Compass
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 131,333
  • Total Building Area: 2,041
  • Gross Building Area: 3,240
  • Building Area: 2,041
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,041
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003015
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marshfield School District
  • School Tax School District: MARSHFIELD SD
  • Census Tract: 506103

Zoning

  • Zoning: R-1

Geography

  • Parcel: MARS M:0G10 B:0004 L:014A
  • Block: 4
  • Lot: 14A
  • Municipality: MARSHFIELD
  • Latitude: 42.1041
  • Longitude: -70.7189

    Address

  • Full Address: 12 Ferry St
  • Address - House Number: 12
  • Address - Street Name: Ferry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marshfield
  • Carrier Code: R004
  • 4-Digit Zip Code: 2408
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1771
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 521,957
  • High Value: 614,400
  • Low Value: 429,514

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,000
  • Assessed Land Value: $335,100
  • Assessed Improvements Value: $169,900

    Sales

  • Current Sale Contract Date: Dec 02, 2022
  • Current Sale Recording Date: Dec 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96065
  • Previous Sale Recording Date: Jun 06, 2022
  • Previous Sale Contract Date: May 27, 2022
  • Previous Sale Amount: $403,000
  • 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 Marshfield

Stats & Trends

Median Asking:

$796,750

Sale Price/ft²

$371

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2082 ft²

Average Home Age

105.7 years

Currently For Sale

9 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: 4 months ago
Data Source: MLS PIN, MLS# 73042919

Frequently Asked Questions

When was property at 12 Ferry Street built and last sold?
The property at 12 Ferry Street was built in 1900 and last sold on Dec 2, 2022 for $435,000.
How much is this home worth?
The estimated value of the home located at 12 Ferry Street is $455,809.
What are some comparable homes to 12 Ferry Street?
There are currently no comparable homes to 12 Ferry Street.
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