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Norwood 02062
24 Morrill Road
$456,000
● House - Off Market

24 Morrill Road

Norwood, MA 02062
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,430 Ft²
$670,973
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Top location for this expanded straight ranch. One floor living consisting of a beautiful fire placed living room with nice bay window. Formal dining room. Bright eat in kitchen. Spacious first floor family room (converted the garage) with hardwood flooring, plenty of family space. Two bedrooms and full bath complete the main level. Lower level has a rec. room with a handy half bathroom. Fantastic lot with a relaxing back yard patio for summer cookouts. Storage shed and great gardens!!  This is a very desirable street and is accessible to to town, transportation etc. Showings start Saturday 6/22/19 with open house 1:30-3:00. Any offers will be due Monday 6/24 by 5:00pm
Unit Size
1,430 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$328
Property Type
House
Property Taxes
$367
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: 5 months ago (MLSPIN #72522791)

Price History

Date / Event Date Event Price
Aug 21, 2019 Sold
Premium
Sold
Jun 20, 2019 Listed by RE/MAX Real Estate Center $469,000
Listed by RE/MAX Real Estate Center

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 13,801
  • Total Building Area: 1,430
  • Gross Building Area: 2,687
  • Building Area: 1,430
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,430
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • 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: 413401

Geography

  • Parcel: NORW M:00002 B:00023 L:00014
  • Block: 23
  • Lot: 14
  • Municipality: NORWOOD
  • Latitude: 42.1911
  • Longitude: -71.2094

    Address

  • Full Address: 24 Morrill Rd
  • Address - House Number: 24
  • Address - Street Name: Morrill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C016
  • 4-Digit Zip Code: 2030
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $597,900

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 659,593
  • High Value: 770,451
  • Low Value: 548,735

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,100
  • Assessed Land Value: $321,500
  • Assessed Improvements Value: $249,600

    Sales

  • Current Sale Contract Date: Aug 05, 2019
  • Current Sale Recording Date: Aug 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73277
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: 5 months ago
Data Source: MLS PIN, MLS# 72522791

Frequently Asked Questions

When was property at 24 Morrill Road built and last sold?
The property at 24 Morrill Road was built in 1951 and last sold on Aug 5, 2019 for $456,000.
How much is this home worth?
The estimated value of the home located at 24 Morrill Road is $477,701.
What are some comparable homes to 24 Morrill Road?
There are currently no comparable homes to 24 Morrill Road.
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