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Weymouth Town 02189 East Weymouth
38 Morningside Path
$340,000
● House - Off Market

38 Morningside Path

Weymouth, MA 02189
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,022 Ft²
$508,720
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

DIRECT WATERFRONT ON WHITMANS POND!  SPECTACULAR SPOT, WITH VIEWS FROM MOST EVERY WINDOW.  This property is an ESTATE SALE, has an open concept first floor, 2-3 bedrooms. PLUS...a  Bonus 20 x 17 detached workshop and 119sf front porch.  Home is in need of updates and remodeling.  Being sold AS IS. Great value for the price.
Unit Size
1,022 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$319
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1923

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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: 5 months ago (MLSPIN #72170617)

Price History

Date / Event Date Event Price
Jul 17, 2017 Sold
Premium
Sold
May 25, 2017 Listed by Coldwell Banker Residential Brokerage - Norwell $326,000
Listed by Coldwell Banker Residential Brokerage - Norwell

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,632
  • Total Building Area: 824
  • Building Area: 824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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: 422501

Zoning

  • Zoning: PF2

Geography

  • Account Number: 9710
  • Parcel: WEYM M:26 B:346 L:011
  • Block: 346
  • Lot: 11
  • Municipality: WEYMOUTH
  • Latitude: 42.2062
  • Longitude: -70.9316

    Address

  • Full Address: 38 Morningside Path
  • Address - House Number: 38
  • Address - Street Name: Morningside
  • Address - Suffix Type: Path
  • State: MA
  • City Name: East Weymouth
  • Carrier Code: C055
  • 4-Digit Zip Code: 1921
  • Zip Code: 02189

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $360,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 416,613
  • High Value: 481,138
  • Low Value: 352,088

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,700
  • Assessed Land Value: $187,600
  • Assessed Improvements Value: $157,100

    Sales

  • Current Sale Recording Date: Jul 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 65133
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 East Weymouth

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$397

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1356 ft²

Average Home Age

81 years

Currently For Sale

28 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

$2,265 /mo

  • 1 Bed
  • 1 Bath
  • 709 ft²
655 Washington Street #A2-G2, Weymouth, MA, 02188 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72170617

Frequently Asked Questions

When was property at 38 Morningside Path built and last sold?
The property at 38 Morningside Path was built in 1923 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 38 Morningside Path is $338,664.
What are some comparable homes to 38 Morningside Path?
There are currently no comparable homes to 38 Morningside Path.
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