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Watertown Town 02472 Watertown West End
16 Morrison Road
$420,000
● House - Off Market

16 Morrison Road

Watertown, MA 02472
bedrooms
2 Beds
bathrooms
2 Baths
square feet
888 Ft²
$783,784
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

Much sought after Updated Ranch in a quiet neighborhood. Two new baths! Sunny eat in Kitchen with Fridge. Large Living room with a bay window, new recessed lighting,   hardwood floors, and a built in air conditioner. Master bedroom with new recessed lighting, a new bath with marble tiles and radiant heat. Replacement Windows. New electrical and data wiring throughout most of the house. New driveway and sidewalk. Enjoy barbecuing on the Large Deck overlooking a spacious fence enclosed backyard. Outdoor storage shed. NEW ROOF JULY 2014!
Unit Size
888 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$484
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1950

Payment Calculator

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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: 6 months ago (MLSPIN #71712147)

Price History

Date / Event Date Event Price
Sep 16, 2014 Sold
Premium
Sold
Jul 11, 2014 Listed by Agency Realty $429,900
Listed by Agency Realty
Dec 2, 2009 Sold
Premium
Sold
Oct 8, 2009 Listed by Agency Realty $369,000
Listed by Agency Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 888
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,482
  • Total Building Area: 888
  • Gross Building Area: 2,028
  • Building Area: 888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 888
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKWOOD HOMES WATERTOWN
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Watertown School District
  • School Tax School District: WATERTOWN SD
  • Census Tract: 370101

Zoning

  • Zoning: S-6

Geography

  • Account Number: 26340-23
  • Parcel: WATE M:0510A B:0056 L:0018
  • Block: 56
  • Lot: 18
  • Municipality: WATERTOWN
  • Latitude: 42.3784
  • Longitude: -71.2002

    Address

  • Full Address: 16 Morrison Rd
  • Address - House Number: 16
  • Address - Street Name: Morrison
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Watertown
  • Carrier Code: C023
  • 4-Digit Zip Code: 3155
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,700

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 747,154
  • High Value: 861,813
  • Low Value: 632,495

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $613,900
  • Assessed Land Value: $440,800
  • Assessed Improvements Value: $173,100

    Sales

  • Current Sale Recording Date: Sep 16, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 140906
  • Previous Sale Recording Date: Dec 02, 2009
  • Previous Sale Amount: $350,000
  • 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 Watertown West End

Stats & Trends

Median Asking:

$849,000

Sale Price/ft²

$519

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1808 ft²

Average Home Age

79.7 years

Currently For Sale

32 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

Unit for rent at 20 Watertown St., Watertown, MA, 02472

$2,740 /mo

  • Studio
  • 1 Bath
  • 767 ft²
20 Watertown St. #Studio D, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71712147

Frequently Asked Questions

When was property at 16 Morrison Road built and last sold?
The property at 16 Morrison Road was built in 1950 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 16 Morrison Road is $431,876.
What are some comparable homes to 16 Morrison Road?
There are currently no comparable homes to 16 Morrison Road.
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