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Watertown Town 02472 Watertown West End
24 Morrison
$571,000
● House - Off Market

24 Morrison

Watertown, MA 02472
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,361 Ft²
$791,857
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Pride of ownership best describes this 2 bed 2 bath ranch with  large bonus room with full bath that could be used as a 3rd bedroom master suite, this well maintained ranch sits on over 6300 sq ft of land in sought after west end location, hardwood floors under carpets, close to the cunniff school, parks, public transportation, shops, restaurants and more. If your looking for one floor living this is the home for you!
Unit Size
1,361 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$389
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1950

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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 #72289823)

Price History

Date / Event Date Event Price
Apr 26, 2018 Sold
Premium
Sold
Mar 5, 2018 Listed by Delaney & Venezia Inc. $529,999
Listed by Delaney & Venezia Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 925
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,338
  • Total Building Area: 1,361
  • Gross Building Area: 2,313
  • Building Area: 1,361
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,361
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000146
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Watertown School District
  • School Tax School District: WATERTOWN SD
  • Census Tract: 370101

Zoning

  • Zoning: S-6

Geography

  • Account Number: 26380-07
  • Parcel: WATE M:0510A B:0058 L:0016
  • Block: 58
  • Lot: 16
  • Municipality: WATERTOWN
  • Latitude: 42.3787
  • Longitude: -71.2

    Address

  • Full Address: 24 Morrison Rd
  • Address - House Number: 24
  • Address - Street Name: Morrison
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Watertown
  • Carrier Code: C023
  • 4-Digit Zip Code: 3155
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $827,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 778,637
  • High Value: 914,040
  • Low Value: 643,233

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $609,600
  • Assessed Land Value: $439,500
  • Assessed Improvements Value: $170,100

    Sales

  • Current Sale Recording Date: Apr 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57181
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 Watertown West End

Stats & Trends

Median Asking:

$834,900

Sale Price/ft²

$507

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1819 ft²

Average Home Age

76.2 years

Currently For Sale

43 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 20 Watertown St., Watertown, MA, 02472

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 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# 72289823

Frequently Asked Questions

When was property at 24 Morrison Road built and last sold?
The property at 24 Morrison Road was built in 1950 and last sold on Jan 1, 1970 for $571,000.
How much is this home worth?
The estimated value of the home located at 24 Morrison Road is $549,616.
What are some comparable homes to 24 Morrison Road?
There are currently no comparable homes to 24 Morrison Road.
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