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Norfolk
24 Locust Rd.
$480,000
● House - Off Market

24 Locust Rd.

Cohasset, MA 02025
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$807,442
RealtyHop Estimate
68.25%
Since Jun 1, 2016
MA-Boston
Primary Model

About This Property

Attractive, sun filled Ranch style home in a wonderful cul-de-sac location.This home has been well maintained and has had only two owners since being built. It offers hardwood floors throughout with a fireplaced living room, newer roof and furnace as well as a partially finished walkout basement. The large private lot and close proximity to the Village make this property a unique opportunity for a new owner to make it their own.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$390
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1956

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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: 5 months ago (MLSPIN #71980283)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Mar 11, 2021 Listed by William Raveis R.E. & Home Services $599,000
Listed by William Raveis R.E. & Home Services
May 31, 2016 Sold
Premium
Sold
Mar 31, 2016 Listed by William Raveis R.E. & Home Services $479,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 1,232
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,495
  • Total Building Area: 2,156
  • Gross Building Area: 2,464
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000792
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Cohasset School District
  • School Tax School District: COHASSET SD
  • Census Tract: 423101

Zoning

  • Zoning: RB

Geography

  • Parcel: COHA M:E7 B:47 L:015
  • Block: 47
  • Lot: 15
  • Municipality: COHASSET
  • Latitude: 42.2285
  • Longitude: -70.7998

    Address

  • Full Address: 24 Locust Rd
  • Address - House Number: 24
  • Address - Street Name: Locust
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Cohasset
  • Carrier Code: C003
  • 4-Digit Zip Code: 1941
  • Zip Code: 02025

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $832,500

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 930,999
  • High Value: 1,093,201
  • Low Value: 768,798

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $684,100
  • Assessed Land Value: $305,100
  • Assessed Improvements Value: $379,000

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50433
  • Previous Sale Recording Date: May 31, 2016
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: O
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 Norfolk

Stats & Trends

Median Asking:

$757,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2500 ft²

Average Home Age

60.7 years

Currently For Sale

1426 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71980283

Frequently Asked Questions

When was property at 24 Locust Road built and last sold?
The property at 24 Locust Road was built in 1956 and last sold on Apr 16, 2021 for $651,000.
How much is this home worth?
The estimated value of the home located at 24 Locust Road is $634,018.
What are some comparable homes to 24 Locust Road?
There are currently no comparable homes to 24 Locust Road.
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