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Plymouth
15 Bay Path Ln
$385,000
● House - Off Market

15 Bay Path Ln

Norwell, MA 02061
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,712 Ft²
$758,739
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

Great neighborhood in convenient location close to highway and shopping.  Picture pretty gambrel cape nestled on half acre lot.  Pine floors, fireplaced family room with slider to new deck.  3 bedrooms on second floor. Full basement.
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$234
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1980

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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 #71540621)

Price History

Date / Event Date Event Price
Oct 10, 2013 Sold
Premium
Sold
Jun 12, 2013 Listed by Coldwell Banker Residential Brokerage - Norwell $400,000
Listed by Coldwell Banker Residential Brokerage - Norwell

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 896
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,784
  • Total Building Area: 1,712
  • Gross Building Area: 3,048
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwell School District
  • School Tax School District: NORWELL SD
  • Census Tract: 504101

Geography

  • Account Number: 5D
  • District: 219
  • Parcel: NORW M:12 L:41
  • Lot: 41
  • Municipality: NORWELL
  • Latitude: 42.1738
  • Longitude: -70.8776

    Address

  • Full Address: 15 Bay Path Ln
  • Address - House Number: 15
  • Address - Street Name: Bay Path
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Norwell
  • Carrier Code: R002
  • 4-Digit Zip Code: 1531
  • Zip Code: 02061

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,004,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 725,034
  • High Value: 859,139
  • Low Value: 590,929

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $746,300
  • Assessed Land Value: $364,900
  • Assessed Improvements Value: $381,400

    Sales

  • Current Sale Recording Date: Oct 10, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 96138
  • Previous Sale Recording Date: Oct 10, 2013
  • Previous Sale Amount: $372,957
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

59

Average Home Size

2296 ft²

Average Home Age

57.5 years

Currently For Sale

1283 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: 5 months ago
Data Source: MLS PIN, MLS# 71540621

Frequently Asked Questions

When was property at 15 Bay Path Lane built and last sold?
The property at 15 Bay Path Lane was built in 1980 and last sold on Jan 1, 1970 for $372,957.
How much is this home worth?
The estimated value of the home located at 15 Bay Path Lane is $414,370.
What are some comparable homes to 15 Bay Path Lane?
There are currently no comparable homes to 15 Bay Path Lane.
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