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Weymouth Town 02188 Weymouth Landing
40 Lone Pine Path
$645,000
● House - Off Market

40 Lone Pine Path

Weymouth, MA 02188
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,698 Ft²
$3,636
Est. Monthly

About This Property

Spacious home in a wonderful neighborhood on a dead end street.  Conveniently located off of Summer St and close to Weymouth landing.  Open kitchen and dining room with lots of storage and large bow and garden windows.  1st floor full bathroom, office that could be turned into a bedroom, and a nice bright living room with a large bow window.  Wide stairway to the second floor.  Huge front to back primary bedroom with lots of closets and a laundry room with walk-in closet. 2 additional bedrooms with great closet space and a full bathroom with a large jetted tub.  Circular driveway was just redone as well as new front stairs and side walkway.  This is a great home that was loved by current owner and ready for new owners.
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$380
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1948

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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 #73286566)

Price History

Date / Event Date Event Price
Oct 18, 2024 Sold
Premium
Sold
Sep 24, 2024 In contract -
In contract
Sep 6, 2024 Listed by Century 21 Professionals $645,000
Listed by Century 21 Professionals

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 8,220
  • Total Building Area: 1,698
  • Building Area: 1,698
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • 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: 422402

Zoning

  • Zoning: R-3

Geography

  • Account Number: 10195
  • Parcel: WEYM M:28 B:319 L:082
  • Block: 319
  • Lot: 82
  • Municipality: WEYMOUTH
  • Latitude: 42.2062
  • Longitude: -70.9674

    Address

  • Full Address: 40 Lone Pine Path
  • Address - House Number: 40
  • Address - Street Name: Lone Pine
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Weymouth
  • Carrier Code: C010
  • 4-Digit Zip Code: 1416
  • Zip Code: 02188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $515,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 607,705
  • High Value: 701,825
  • Low Value: 513,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,000
  • Assessed Land Value: $195,000
  • Assessed Improvements Value: $298,000
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 Weymouth Landing

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$410

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2900 ft²

Average Home Age

116.3 years

Currently For Sale

8 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

$2,415 /mo

  • 1 Bed
  • 1 Bath
  • 709 ft²
655 Washington Street #A1, Weymouth, MA, 02188 Listing by Equity Residential
Unit for rent at 1 Matthew Lane, Braintree, MA, 02184

$2,540 /mo

  • 1 Bed
  • 1 Bath
  • 770 ft²
1 Matthew Lane #Chatham, Braintree, MA, 02184 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# 73286566

Frequently Asked Questions

When was property at 40 Lone Pine Path built and last sold?
The property at 40 Lone Pine Path was built in 1948 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Lone Pine Path is $652,031.
What are some comparable homes to 40 Lone Pine Path?
There are currently no comparable homes to 40 Lone Pine Path.
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