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Norwood 02062
14 Spruce Rd
$505,000
● House - Off Market

14 Spruce Rd

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,632 Ft²
$662,416
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to 14 Spruce Rd! Don't miss the opportunity to own  this 3 bedroom 1.5 bath ranch in the highly sought after "Tree Streets". Enter into the inviting dining room with hardwood floors and fireplace. The kitchen offers vaulted ceilings with skylights, a granite topped island, and access to the large back deck. The spacious living room is perfect for entertaining. There is a half bath conveniently located in the living room as well. The master bedroom and the 2nd bedroom both offer 2 closets. The cozy 3rd bedroom is perfect for a children's room or home office. New roof 2019. The home is being sold AS-IS. Sunday June 28th 11am-1pm BY APPOINTMENT ONLY. Pre-approval and Covid forms must be submitted prior to showings. Offers, if any, due Tuesday 6/30 by noon.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$306
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1951

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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: 6 months ago (MLSPIN #72679297)

Price History

Date / Event Date Event Price
Aug 17, 2020 Sold
Premium
Sold
Jun 24, 2020 Listed by Donahue Real Estate Co. $499,000
Listed by Donahue Real Estate Co.
May 27, 1983 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,170
  • Total Building Area: 1,632
  • Gross Building Area: 3,206
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000256
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413300

Geography

  • Parcel: NORW M:00013 B:00008 L:00062
  • Block: 8
  • Lot: 62
  • Municipality: NORWOOD
  • Latitude: 42.1977
  • Longitude: -71.2161

    Address

  • Full Address: 14 Spruce Rd
  • Address - House Number: 14
  • Address - Street Name: Spruce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C007
  • 4-Digit Zip Code: 1319
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $646,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 695,133
  • High Value: 802,794
  • Low Value: 587,471

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $617,800
  • Assessed Land Value: $316,400
  • Assessed Improvements Value: $301,400

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1453138
  • Previous Sale Recording Date: May 27, 1983
  • Previous Sale Amount: $74,500
  • Previous Sale Document Type: 27
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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$415

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2250 ft²

Average Home Age

58.4 years

Currently For Sale

49 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: 6 months ago
Data Source: MLS PIN, MLS# 72679297

Frequently Asked Questions

When was property at 14 Spruce Road built and last sold?
The property at 14 Spruce Road was built in 1951 and last sold on Aug 10, 2020 for $505,000.
How much is this home worth?
The estimated value of the home located at 14 Spruce Road is $514,061.
What are some comparable homes to 14 Spruce Road?
There are currently no comparable homes to 14 Spruce Road.
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