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Weymouth Town 02188 Weymouth Landing
45 Phillips Street
$375,000
● House - Off Market

45 Phillips Street

Weymouth, MA 02188
bedrooms
2 Beds
bathrooms
1 Bath
square feet
804 Ft²
$2,124
Est. Monthly

About This Property

Open House Cancelled.  Great starter home in Weymouth Landing.  This 2 bedroom home with a den located on the second floor maybe just right for you.  Weymouth Landing Commuter Rail located approximately 1/4 mile away.   Close to shops, highway, pool, Webb Park, playground and restaurants.  Washer & Dryer staying.  Badurus gas boiler, 5 yr old water heater, upgraded electric, insulated windows, vinyl siding.  This home needs a little TLC. Don't miss out on this great opportunity.  House to be sold  "As Is".  Offers, if any, will be reviewed on Tuesday 11/14 at 6:00P.M.
Unit Size
804 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$497
Property Type
House
Property Taxes
$160
HOA Dues
-
Year Built
1868

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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: 6 months ago (MLSPIN #73179337)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Nov 17, 2023 In contract -
In contract
Nov 9, 2023 Listed by Flavin & Flavin Real Estate $399,900
Listed by Flavin & Flavin Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1868
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 4,716
  • Total Building Area: 804
  • Building Area: 804
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 804
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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: 6787
  • Parcel: WEYM M:20 B:270 L:002
  • Block: 270
  • Lot: 2
  • Municipality: WEYMOUTH
  • Latitude: 42.2185
  • Longitude: -70.9622

    Address

  • Full Address: 45 Phillips St
  • Address - House Number: 45
  • Address - Street Name: Phillips
  • Address - Suffix Type: St
  • State: MA
  • City Name: Weymouth
  • Carrier Code: C019
  • 4-Digit Zip Code: 2517
  • Zip Code: 02188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $382,300

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 419,514
  • High Value: 449,138
  • Low Value: 389,891

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,800
  • Assessed Land Value: $184,300
  • Assessed Improvements Value: $181,500

    Sales

  • Current Sale Contract Date: Dec 27, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85378
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:

$677,400

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2349 ft²

Average Home Age

106.2 years

Currently For Sale

9 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: 6 months ago
Data Source: MLS PIN, MLS# 73179337

Frequently Asked Questions

When was property at 45 Phillips Street built and last sold?
The property at 45 Phillips Street was built in 1868 and last sold on Dec 27, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 45 Phillips Street is $398,914.
What are some comparable homes to 45 Phillips Street?
There are currently no comparable homes to 45 Phillips Street.
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