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Quincy 02170 Wollaston
40 Cushing St
$800,000
● House - Off Market

40 Cushing St

Quincy, MA 02170
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,788 Ft²
$833,304
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

This long term family home (40+ years) shows Owner's pride. Excellent curb appeal and landscaped grounds. The Wollaston Center location is ideal. Red line, restaurants, shopping and schools are all nearby. Updated gas heating system (2018) and kitchen. This handsome Colonial has good space on 4 levels. Walk up attic provides storage and room for expansion. Lower level offers additional living area with bath. The 3 season porch, extra large 2 car garage and good off street parking add to the value. This is a wonderful opportunity - you can move right in.  GROUP SHOWINGS WED (10/12)   **  9-11 am **.
Unit Size
1,788 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$433
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1925

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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 #73046371)

Price History

Date / Event Date Event Price
Dec 7, 2022 Sold
Premium
Sold
Oct 31, 2022 In contract -
In contract
Oct 14, 2022 In contract -
In contract
Oct 10, 2022 Listed by GRANITE GROUP REALTORS® $775,000
Listed by GRANITE GROUP REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,071
  • Total Building Area: 1,576
  • Gross Building Area: 3,277
  • Building Area: 1,576
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,576
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quincy School District
  • School Tax School District: QUINCY SD
  • Census Tract: 417601

Zoning

  • Zoning: BUSC

Geography

  • Account Number: 1616501
  • Parcel: QUIN M:5093B B:11 L:B
  • Block: 11
  • Lot: B
  • Municipality: QUINCY
  • Latitude: 42.2681
  • Longitude: -71.0178

    Address

  • Full Address: 40 Cushing St
  • Address - House Number: 40
  • Address - Street Name: Cushing
  • Address - Suffix Type: St
  • State: MA
  • City Name: Quincy
  • Carrier Code: C008
  • 4-Digit Zip Code: 2732
  • Zip Code: 02170

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $765,500

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 767,996
  • High Value: 900,052
  • Low Value: 635,940

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $679,200
  • Assessed Land Value: $344,000
  • Assessed Improvements Value: $335,200

    Sales

  • Current Sale Contract Date: Dec 07, 2022
  • Current Sale Recording Date: Dec 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 102944

    Financing

  • First Mortgage Financing Type: ADJ
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 Wollaston

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$480

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1597 ft²

Average Home Age

71.2 years

Currently For Sale

17 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 333 Ricciuti Dr., Quincy, MA, 02169

$4,159 /mo

  • 2 Beds
  • 2 Baths
  • 1,376 ft²
333 Ricciuti Dr. #2 Bedrooms H, Quincy, MA, 02169 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# 73046371

Frequently Asked Questions

When was property at 40 Cushing Street built and last sold?
The property at 40 Cushing Street was built in 1925 and last sold on Dec 7, 2022 for $800,000.
How much is this home worth?
The estimated value of the home located at 40 Cushing Street is $789,636.
What are some comparable homes to 40 Cushing Street?
There are currently no comparable homes to 40 Cushing Street.
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