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Plymouth
129 Forest St
$563,000
● House - Off Market

129 Forest St

Norwell, MA 02061
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,002 Ft²
$719,014
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Looking for privacy? Beautiful retreat lot with 3.40 acres of seclusion with an existing single family Colonial style home ready for complete renovation or build your brand new home on this pastoral setting perched above Forest St in the heart of Norwell.  You'll need a snow plow with a 665 foot gentlly sloping driveway that leads to this peaceful and private place where your new dreams can begin.  Property has an 8 year old 5-bedroom septic system. Lots of possibilities here. Forest Street has a paved sidewalk, which is part of the Norwell Pathway system leading from Norwell High School to Norwell Center. Central location near town center and Norris Reservation. Property is being sold "as is, where is". Buyer to conduct all necessary due diligence.
Unit Size
2,002 Ft²
Days on Market
-
Land Size
3.40 acres
Price per sqft
$275
Property Type
House
Property Taxes
$781
HOA Dues
-
Year Built
1971

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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 #72705617)

Price History

Date / Event Date Event Price
Sep 23, 2020 Sold
Premium
Sold
Aug 6, 2020 Listed by William Raveis R.E. & Home Services $549,900
Listed by William Raveis R.E. & Home Services
May 31, 2012 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,068
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 148,104
  • Total Building Area: 2,002
  • Gross Building Area: 4,532
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wareham School District
  • School Tax School District: NORWELL SD
  • Census Tract: 504102

Geography

  • Account Number: 20B
  • District: 219
  • Parcel: NORW M:57 L:38
  • Lot: 38
  • Municipality: NORWELL
  • Latitude: 42.1528
  • Longitude: -70.8017

    Address

  • Full Address: 129 Forest St
  • Address - House Number: 129
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norwell
  • Carrier Code: R005
  • 4-Digit Zip Code: 2120
  • Zip Code: 02061

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,076,000

    Appraisal Valuation

  • Standard Deviation: 0.1662
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 910,435
  • High Value: 1,061,760
  • Low Value: 759,109

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $799,400
  • Assessed Land Value: $376,700
  • Assessed Improvements Value: $422,700

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Sep 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89390
  • Previous Sale Recording Date: May 31, 2012
  • Previous Sale Amount: $468,000
  • 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 Plymouth

Stats & Trends

Median Asking:

$659,900

Sale Price/ft²

$371

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2292 ft²

Average Home Age

57.4 years

Currently For Sale

1301 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72705617

Frequently Asked Questions

When was property at 129 Forest Street built and last sold?
The property at 129 Forest Street was built in 1971 and last sold on Sep 9, 2020 for $563,000.
How much is this home worth?
The estimated value of the home located at 129 Forest Street is $567,124.
What are some comparable homes to 129 Forest Street?
There are currently no comparable homes to 129 Forest Street.
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