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Weymouth Town 02188 South Weymouth
45 Mill River Dr
$531,000
● House - Off Market

45 Mill River Dr

Weymouth, MA 02188
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$778,391
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

Your new home is awaiting you in one of South Weymouth's most desirable neighborhoods.  Convenient to major highways, public transportation and a short distance to the commuter rail.  This raised ranch, on cul de sac, has been completely renovated, top to bottom with an open floor plan, and a fireplaced living room so you can enjoy your guests while preparing dinner in a newly renovated, designer, fully applianced kitchen with access to a large deck, overlooking a leg. Landscaped yard. There are three large bedrooms and a fourth on the lower level.  The lower level has an open floor plan with a fireplaced family room, full bath, fourth bedroom and a home office and access to the two-car garage and back yard. New hot water heater,heating system, roof, most windows and air conditioning.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$262
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1972

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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 #72296835)

Price History

Date / Event Date Event Price
May 10, 2018 Sold
Premium
Sold
Mar 21, 2018 Listed by Century 21 Annex Realty $524,900
Listed by Century 21 Annex Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2008
  • 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: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,709
  • Total Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000429
  • 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: 422301

Zoning

  • Zoning: R-4

Geography

  • Account Number: 14014
  • Parcel: WEYM M:40 B:456 L:025
  • Block: 456
  • Lot: 25
  • Municipality: WEYMOUTH
  • Latitude: 42.1866
  • Longitude: -70.9629

    Address

  • Full Address: 45 Mill River Dr
  • Address - House Number: 45
  • Address - Street Name: Mill River
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Weymouth
  • Carrier Code: C006
  • 4-Digit Zip Code: 1820
  • Zip Code: 02188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $674,900

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 787,290
  • High Value: 904,338
  • Low Value: 670,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $645,800
  • Assessed Land Value: $213,900
  • Assessed Improvements Value: $431,900

    Sales

  • Current Sale Recording Date: May 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36838
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 South Weymouth

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$385

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1801 ft²

Average Home Age

77.3 years

Currently For Sale

30 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

$2,570 /mo

  • 1 Bed
  • 1 Bath
  • 735 ft²
655 Washington Street #A4, Weymouth, MA, 02188 Listing by Equity Residential
Unit for rent at 1 Matthew Lane, Braintree, MA, 02184

$2,575 /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# 72296835

Frequently Asked Questions

When was property at 45 Mill River Drive built and last sold?
The property at 45 Mill River Drive was built in 1972 and last sold on Jan 1, 1970 for $531,000.
How much is this home worth?
The estimated value of the home located at 45 Mill River Drive is $541,227.
What are some comparable homes to 45 Mill River Drive?
There are currently no comparable homes to 45 Mill River Drive.
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