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Plymouth
490 River Street
$850,000
● House - Off Market

490 River Street

Norwell, MA 02061
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,328 Ft²
$848,563
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

490 River Street is a spacious split-level home right outside the center of Norwell, a coveted South Shore community. Situated on a secluded and expansive retreat lot of nearly five acres, you'll enjoy an exceptionally private landscape, perfect for exploration and relaxing evenings outside. The inviting interior floor plan includes four bedrooms and showcases two recently remodeled bathrooms, featuring elegant materials that include calcutta marble countertops. The home is uniquely equipped with the innovative and remarkably efficient Navien Tankless gas heat and hot water heating system. You'll enjoy convenient access to incredible shops, schools, parks, and more. This home truly offers the best of all worlds - come explore for yourself.
Unit Size
3,328 Ft²
Days on Market
-
Land Size
-
Price per sqft
$248
Property Type
House
Property Taxes
$858
HOA Dues
-
Year Built
1969

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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 #72985180)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Premium
Sold
May 19, 2022 Listed by William Raveis R.E. & Home Services $825,000
Listed by William Raveis R.E. & Home Services
Aug 19, 2013 Sold
Premium
Sold
May 22, 2013 Listed by William Raveis R.E. & Home Services $519,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 7
  • Basement Area: 1,660
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 109,336
  • Total Building Area: 2,406
  • Gross Building Area: 4,716
  • Building Area: 2,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,406
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002510
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wareham School District
  • School Tax School District: NORWELL SD
  • Census Tract: 504102

Geography

  • Account Number: 27A
  • District: 219
  • Parcel: NORW M:70 L:48
  • Lot: 48
  • Municipality: NORWELL
  • Latitude: 42.1306
  • Longitude: -70.7994

    Address

  • Full Address: 490 River St
  • Address - House Number: 490
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norwell
  • Carrier Code: R003
  • 4-Digit Zip Code: 2630
  • Zip Code: 02061

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,070,900

    Appraisal Valuation

  • Standard Deviation: 0.1662
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 933,091
  • High Value: 1,088,182
  • Low Value: 778,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $795,600
  • Assessed Land Value: $387,300
  • Assessed Improvements Value: $408,300

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58456
  • Previous Sale Recording Date: Jul 13, 2022
  • Previous Sale Contract Date: Apr 30, 2022
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: O
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 Plymouth

Stats & Trends

Median Asking:

$664,950

Sale Price/ft²

$371

Above Asking

0.15%

Average Days on Market

59

Average Home Size

2257 ft²

Average Home Age

57.6 years

Currently For Sale

1287 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: 5 months ago
Data Source: MLS PIN, MLS# 72985180

Frequently Asked Questions

When was property at 490 River Street built and last sold?
The property at 490 River Street was built in 1969 and last sold on Jul 8, 2022 for $850,000.
How much is this home worth?
The estimated value of the home located at 490 River Street is $842,545.
What are some comparable homes to 490 River Street?
There are currently no comparable homes to 490 River Street.
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