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Norwood 02062
24 Jacobsen Dr
$280,000
● House - Off Market

24 Jacobsen Dr

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,224 Ft²
$552,640
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Great potential in this Home!  Home has been taken care of, but needs lots of interior updating. Exterior needs paint.  Third bedroom is only partially finished. There is a room upstairs that is rough plumbed for a second bath. Nice location on a side street but close to shopping and highways. Full back dormer. Fenced yard. Come and see for yourself how much potential this home has. Home to be sold "as is".  Home will not qualify for FHA Financing due to peeling paint on exterior.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$249
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1953

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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: 6 months ago (MLSPIN #71649835)

Price History

Date / Event Date Event Price
Aug 5, 2014 Sold
Premium
Sold
Mar 25, 2014 Listed by Prudential Page Realty $304,500
Listed by Prudential Page Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 8,000
  • Total Building Area: 1,428
  • Gross Building Area: 2,722
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 413100

Geography

  • Parcel: NORW M:00006 B:0001B L:00086
  • Block: 1B
  • Lot: 86
  • Municipality: NORWOOD
  • Latitude: 42.1802
  • Longitude: -71.1993

    Address

  • Full Address: 24 Jacobsen Dr
  • Address - House Number: 24
  • Address - Street Name: Jacobsen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norwood
  • Carrier Code: C027
  • 4-Digit Zip Code: 4540
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $583,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 626,066
  • High Value: 723,030
  • Low Value: 529,101

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,000
  • Assessed Land Value: $269,400
  • Assessed Improvements Value: $287,600

    Sales

  • Current Sale Recording Date: Aug 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66368
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

$415

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2243 ft²

Average Home Age

57.4 years

Currently For Sale

48 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: 6 months ago
Data Source: MLS PIN, MLS# 71649835

Frequently Asked Questions

When was property at 24 Jacobsen Drive built and last sold?
The property at 24 Jacobsen Drive was built in 1953 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 24 Jacobsen Drive is $316,301.
What are some comparable homes to 24 Jacobsen Drive?
There are currently no comparable homes to 24 Jacobsen Drive.
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