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Norwood 02062
17 17 Morningside Drive
$237,000
● House - Off Market

17 17 Morningside Drive

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,442 Ft²
$813,968
RealtyHop Estimate
225.59%
Since Sep 1, 1999
MA-Boston
Primary Model

About This Property

ESTATE SALE SPACIOUS RAISED RANCH, HARDWOOD FLOORS UNDER UNDER CARPET ON FIRST FLOOR, CENTRAL AIR, ORIGINAL KITCHEN AND BATH, ENCLOSED PORCH IS HEATED, NEEDS TLC, LOVELY AREA! SALE INCLUDES WASHER,DRYER, & REFRIG.,HEAT & CA APPROX. 12YR
Unit Size
1,442 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$173
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1961

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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 years ago (MLSPIN #30329406)

Price History

Date / Event Date Event Price
Oct 31, 2002 Sold
Premium
Sold
Aug 18, 1999 Sold
Premium
Sold
Jun 14, 1999 Listed $250,000
Listed

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 18,508
  • Total Building Area: 1,666
  • Gross Building Area: 2,902
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000425
  • 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: 413402

Geography

  • Parcel: NORW M:00011 B:00017 L:00013
  • Block: 17
  • Lot: 13
  • Municipality: NORWOOD
  • Latitude: 42.1805
  • Longitude: -71.2296

    Address

  • Full Address: 17 Morningside Dr
  • Address - House Number: 17
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norwood
  • Carrier Code: C031
  • 4-Digit Zip Code: 1034
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $725,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 727,603
  • High Value: 840,293
  • Low Value: 614,912

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $693,200
  • Assessed Land Value: $365,200
  • Assessed Improvements Value: $328,000

    Sales

  • Current Sale Recording Date: Oct 31, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 195701
  • Previous Sale Recording Date: Aug 18, 1999
  • Previous Sale Amount: $237,000
  • 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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2178 ft²

Average Home Age

63.9 years

Currently For Sale

47 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 years ago
Data Source: MLS PIN, MLS# 30329406

Frequently Asked Questions

When was property at 17 Morningside Drive built and last sold?
The property at 17 Morningside Drive was built in 1961 and last sold on Jan 1, 1970 for $431,500.
How much is this home worth?
The estimated value of the home located at 17 Morningside Drive is $265,688.
What are some comparable homes to 17 Morningside Drive?
There are currently no comparable homes to 17 Morningside Drive.
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