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Quincy 02169 Merrymount
40 Morrison Street
$300,000
● House - Off Market

40 Morrison Street

Quincy, MA 02169
bedrooms
3 Beds
bathrooms
1 Bath
square feet
816 Ft²
$516,285
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

First time offered to the market fabulous location for walking to the grocery stores, stores,restaurants and most of all public transportation.   but on a private side street location.Kitchen is two years old with custom cabinets granite counter tops and custom tile back splash  dining room living room and three season porch full bath on first floor master bedroom has  1/4 bath and full basement and beautiful landscaped yard
Unit Size
816 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$380
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1890

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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 #72023020)

Price History

Date / Event Date Event Price
Aug 30, 2016 Sold
Premium
Sold
Jun 14, 2016 Listed by B & S Real Estate $309,900
Listed by B & S Real Estate
Aug 8, 2001 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 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: 6,348
  • Total Building Area: 816
  • Gross Building Area: 1,751
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000146
  • Standard Land Use Code: 2036
  • County Land Use Code: 337

Neighborhood

  • School District Name: Quincy School District
  • School Tax School District: QUINCY SD
  • Census Tract: 417702

Zoning

  • Zoning: BUSB

Geography

  • Account Number: 403101
  • Parcel: QUIN M:1107 B:6 L:B
  • Block: 6
  • Lot: B
  • Municipality: QUINCY
  • Latitude: 42.2543
  • Longitude: -70.9944

    Address

  • Full Address: 40 Morrison St
  • Address - House Number: 40
  • Address - Street Name: Morrison
  • Address - Suffix Type: St
  • State: MA
  • City Name: Quincy
  • Carrier Code: C063
  • 4-Digit Zip Code: 4609
  • Zip Code: 02169

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $484,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $215,600
  • Assessed Land Value: $208,500
  • Assessed Improvements Value: $7,100

    Sales

  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 87469
  • Previous Sale Recording Date: Aug 08, 2001
  • Previous Sale Amount: $194,900
  • 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 Merrymount

Stats & Trends

Median Asking:

$754,450

Sale Price/ft²

$489

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2498 ft²

Average Home Age

66.4 years

Currently For Sale

10 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72023020

Frequently Asked Questions

When was property at 40 Morrison Street built and last sold?
The property at 40 Morrison Street was built in 1890 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 40 Morrison Street is $315,164.
What are some comparable homes to 40 Morrison Street?
There are currently no comparable homes to 40 Morrison Street.
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