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Norwood 02062
201 Codman Rd
$380,000
● House - Off Market

201 Codman Rd

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,162 Ft²
$2,660
Est. Monthly

About This Property

Highest & Best Offers Due Sunday 11/10 6pm . Contractors , investors or savvy rehab buyers ! This is your opportunity to buy your next rehab  project on a corner lot in a convenient sought after Ellis Gardens neighborhood in Norwood.  It is currently 8 rooms 3 beds and 1 bath.  The First floor has kitchen , living room , dining room , enclosed heated porch, a breezeway mudroom , Bedroom and full bath , Second Floor  is the usual  cape style Two bedrooms with room to add an additional bath ,  Great corner lot , Vision and cash are king so don't hesitate to see this one before it's gone . Brand New boiler just installed   , So Bring your Cash or Hard Money offer as this Home is being sold As is .
Unit Size
1,162 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$386
Property Type
House
Property Taxes
$455
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: 4 months ago (MLSPIN #73299432)

Price History

Date / Event Date Event Price
Nov 26, 2024 Sold
Premium
Sold
Nov 13, 2024 In contract -
In contract
Nov 1, 2024 Relisted $449,000
Relisted
Oct 16, 2024 In contract -
In contract
Oct 7, 2024 Listed by eXp Realty $449,000
Listed by eXp Realty
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 8,065
  • Total Building Area: 1,162
  • Gross Building Area: 2,832
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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: 413201

Geography

  • Parcel: NORW M:00019 B:00006 L:00091
  • Block: 6
  • Lot: 91
  • Municipality: NORWOOD
  • Latitude: 42.2055
  • Longitude: -71.1915

    Address

  • Full Address: 201 Codman Rd
  • Address - House Number: 201
  • Address - Street Name: Codman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C014
  • 4-Digit Zip Code: 3910
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $546,000

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 596,419
  • High Value: 688,792
  • Low Value: 504,046

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,500
  • Assessed Land Value: $269,500
  • Assessed Improvements Value: $252,000

    Sales

  • Current Sale Recording Date: Aug 15, 1962
  • Current Sale Price:
    Premium
  • Current 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:

$699,000

Sale Price/ft²

$424

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2164 ft²

Average Home Age

64.1 years

Currently For Sale

40 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# 73299432

Frequently Asked Questions

When was property at 201 Codman Road built and last sold?
The property at 201 Codman Road was built in 1951 and last sold on Jan 1, 1970 for $15,500.
How much is this home worth?
The estimated value of the home located at 201 Codman Road is $452,599.
What are some comparable homes to 201 Codman Road?
There are currently no comparable homes to 201 Codman Road.
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