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Plymouth
129 Pine Street
$475,000
● House - Off Market

129 Pine Street

Norwell, MA 02061
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,592 Ft²
$821,323
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

A rare opportunity and a unique offering!  Property consists of an estate-sized (3.98 acre) lot with a pre-existing Colonial style home (with dormered Gambrel roof) built by the owner, a builder, for his family in 1977.  This property suffered extensive interior damage due to frozen pipes over the last winter and the most of the interior has been gutted.  Home will need to be re-built inside; the exterior appears to be in fair to average condition.  Or, the dwelling can be razed for a future new construction.   Explore the possibilities. (See also ML # 72368817)  Property being sold in "as is" condition - Seller will supply septic plan/design for 6 BR home - installation Buyer's responsibility.
Unit Size
3,592 Ft²
Days on Market
-
Land Size
3.98 acres
Price per sqft
$153
Property Type
House
Property Taxes
$999
HOA Dues
-
Year Built
1977

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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 #72368816)

Price History

Date / Event Date Event Price
Dec 31, 2018 Sold
Premium
Sold
Jul 25, 2018 Listed by Compass Realty Brokerage Services, LLC $549,900
Listed by Compass Realty Brokerage Services, LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,404
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 173,369
  • Total Building Area: 3,592
  • Gross Building Area: 6,096
  • Building Area: 3,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,592
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003980
  • 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: 26B
  • District: 219
  • Parcel: NORW M:68 L:12
  • Lot: 12
  • Municipality: NORWELL
  • Latitude: 42.1345
  • Longitude: -70.8054

    Address

  • Full Address: 129 Pine St
  • Address - House Number: 129
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norwell
  • Carrier Code: R003
  • 4-Digit Zip Code: 2618
  • Zip Code: 02061

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,408,900

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 1,157,192
  • High Value: 1,349,715
  • Low Value: 964,669

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,046,700
  • Assessed Land Value: $402,600
  • Assessed Improvements Value: $644,100

    Sales

  • Current Sale Contract Date: Dec 31, 2018
  • Current Sale Recording Date: Dec 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109396
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:

$654,900

Sale Price/ft²

$370

Above Asking

0.18%

Average Days on Market

58

Average Home Size

2335 ft²

Average Home Age

51.2 years

Currently For Sale

1232 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: 4 months ago
Data Source: MLS PIN, MLS# 72368816

Frequently Asked Questions

When was property at 129 Pine Street built and last sold?
The property at 129 Pine Street was built in 1977 and last sold on Dec 31, 2018 for $475,000.
How much is this home worth?
The estimated value of the home located at 129 Pine Street is $592,255.
What are some comparable homes to 129 Pine Street?
There are currently no comparable homes to 129 Pine Street.
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