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Weymouth Town 02188 South Weymouth
23 Mill River Drive
$685,000
● House - Off Market

23 Mill River Drive

Weymouth, MA 02188
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,682 Ft²
$651,176
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELED.  ACCEPTED OFFER.  Have you been dreaming about a cul-de-sac home in meticulous condition with an updated kitchen and baths, central air, two-car garage and an open floor plan? Dreams really do come true! This expanded Raised Ranch has it all - a gorgeous maple kitchen with granite counters and stainless steel appliances, a sunroom that overlooks the private and expansive yard, 3 nicely-sized bedrooms with lots of closet space and a finished, walk-out lower level with half bath. The two-car garage has plenty of storage space and the neighborhood is a gem. There is nothing for you to do but move in and enjoy all that South Weymouth has to offer.
Unit Size
1,682 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$386
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1970

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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 months ago (MLSPIN #73079170)

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold
Premium
Sold
Feb 19, 2023 In contract -
In contract
Feb 15, 2023 Listed by Compass $649,000
Listed by Compass
Aug 13, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,160
  • Total Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000532
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Weymouth School District
  • School Tax School District: WEYMOUTH SD
  • Census Tract: 422301

Zoning

  • Zoning: R-4

Geography

  • Account Number: 14025
  • Parcel: WEYM M:40 B:456 L:037
  • Block: 456
  • Lot: 37
  • Municipality: WEYMOUTH
  • Latitude: 42.1868
  • Longitude: -70.9637

    Address

  • Full Address: 23 Mill River Dr
  • Address - House Number: 23
  • Address - Street Name: Mill River
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Weymouth
  • Carrier Code: C006
  • 4-Digit Zip Code: 1820
  • Zip Code: 02188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $576,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 641,174
  • High Value: 750,735
  • Low Value: 531,613

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $551,600
  • Assessed Land Value: $219,800
  • Assessed Improvements Value: $331,800

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33028
  • Previous Sale Recording Date: Aug 13, 1991
  • Previous Sale Amount: $175,000
  • 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 South Weymouth

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$385

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1801 ft²

Average Home Age

77.3 years

Currently For Sale

30 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 655 Washington Street, Weymouth, MA, 02188

$2,415 /mo

  • 1 Bed
  • 1 Bath
  • 709 ft²
655 Washington Street #A1, Weymouth, MA, 02188 Listing by Equity Residential
Unit for rent at 1 Matthew Lane, Braintree, MA, 02184

$2,540 /mo

  • 1 Bed
  • 1 Bath
  • 770 ft²
1 Matthew Lane #Chatham, Braintree, MA, 02184 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73079170

Frequently Asked Questions

When was property at 23 Mill River Drive built and last sold?
The property at 23 Mill River Drive was built in 1970 and last sold on May 24, 2023 for $685,000.
How much is this home worth?
The estimated value of the home located at 23 Mill River Drive is $658,943.
What are some comparable homes to 23 Mill River Drive?
There are currently no comparable homes to 23 Mill River Drive.
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