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Quincy 02169 Quincy Point
40 Edison Park
$660,000
● House - Off Market

40 Edison Park

Quincy, MA 02169
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,240 Ft²
$3,517
Est. Monthly

About This Property

Sunny single-family home in convenient, well-cared-for residential neighborhood. Beautiful, mature gardens in the front/side/back yard. Near public transportation and main roads, less than a mile to Quincy Center. Master bedroom with small office area. New Furnace 2021, New Oil Tank 2020, New Hot Water Heater 2020. Front of Roof replaced 2020. New windows, screens, and panels in enclosed front porch 2019. Open House is Cancelled , Sellers have accepted an Offer .
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$508
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1910

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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 #73171862)

Price History

Date / Event Date Event Price
Dec 13, 2023 Sold
Premium
Sold
Oct 24, 2023 In contract -
In contract
Oct 18, 2023 Listed by Compass $630,000
Listed by Compass
Aug 29, 2008 Sold
Premium
Sold
Apr 21, 2008 Listed by Compass $284,500
Listed by Compass

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 4,953
  • Total Building Area: 1,240
  • Gross Building Area: 2,092
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: 417901

Zoning

  • Zoning: RESB

Geography

  • Account Number: 656901
  • Parcel: QUIN M:2026 B:13 L:95
  • Block: 13
  • Lot: 95
  • Municipality: QUINCY
  • Latitude: 42.2505
  • Longitude: -70.9868

    Address

  • Full Address: 40 Edison Park
  • Address - House Number: 40
  • Address - Street Name: Edison
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Quincy
  • Carrier Code: C049
  • 4-Digit Zip Code: 5627
  • Zip Code: 02169

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $558,200

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 648,971
  • High Value: 694,797
  • Low Value: 603,144

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $495,300
  • Assessed Land Value: $255,200
  • Assessed Improvements Value: $240,100

    Sales

  • Current Sale Contract Date: Dec 13, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82246
  • Previous Sale Recording Date: Aug 29, 2008
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 27
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 Quincy Point

Stats & Trends

Median Asking:

$689,000

Sale Price/ft²

$480

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1342 ft²

Average Home Age

38.4 years

Currently For Sale

29 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: 4 months ago
Data Source: MLS PIN, MLS# 73171862

Frequently Asked Questions

When was property at 40 Edison Park built and last sold?
The property at 40 Edison Park was built in 1910 and last sold on Dec 13, 2023 for $660,000.
How much is this home worth?
The estimated value of the home located at 40 Edison Park is $614,150.
What are some comparable homes to 40 Edison Park?
There are currently no comparable homes to 40 Edison Park.
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