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Weymouth Town 02188 East Weymouth
5 Oak Ridge Circle
$285,000
● House - Off Market

5 Oak Ridge Circle

Weymouth, MA 02188
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,330 Ft²
$710,900
RealtyHop Estimate
122.85%
Since Aug 1, 2002
MA-Boston
Primary Model

About This Property

SOUGHT AFTER ACADEMY AVE AREA CUSTOM BUILT FOR ORIGINAL OWNER-UNFINISHED BONUS ROOM ABOVE GARAGE FOR FUTURE OFFICE, STUDY,LIBRARY-EXPANSION POSS IN ATTIC-NEW WIRING-CITY SEWER- LR FIREPLACE-3RD BR POSS-WASHER/DRYER/REF STAY-WOOD FLOORS!
Unit Size
1,330 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$240
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1950

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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 #30617510)

Price History

Date / Event Date Event Price
Jul 31, 2002 Sold
Premium
Sold
Jun 17, 2002 Listed by RE/MAX Elite $319,000
Listed by RE/MAX Elite

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,258
  • Total Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEYMOUTH HLNDS
  • Land Acres: 0000000167
  • 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: 422600

Zoning

  • Zoning: R-5

Geography

  • Account Number: 5772
  • Parcel: WEYM M:17 B:230 L:037
  • Block: 230
  • Lot: 37
  • Municipality: WEYMOUTH
  • Latitude: 42.2217
  • Longitude: -70.9455

    Address

  • Full Address: 5 Oak Ridge Cir
  • Address - House Number: 5
  • Address - Street Name: Oak Ridge
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Weymouth
  • Carrier Code: C017
  • 4-Digit Zip Code: 4219
  • Zip Code: 02188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 574,219
  • High Value: 663,153
  • Low Value: 485,284

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,200
  • Assessed Land Value: $210,000
  • Assessed Improvements Value: $256,200

    Sales

  • Current Sale Recording Date: Jul 28, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 62160
  • Previous Sale Recording Date: Jul 31, 2002
  • Previous Sale Amount: $285,000
  • 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 East Weymouth

Stats & Trends

Median Asking:

$527,250

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1580 ft²

Average Home Age

85 years

Currently For Sale

32 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

$2,370 /mo

  • 1 Bed
  • 1 Bath
  • 709 ft²
655 Washington Street #A1, Weymouth, MA, 02188 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# 30617510

Frequently Asked Questions

When was property at 5 Oak Ridge Circle built and last sold?
The property at 5 Oak Ridge Circle was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Oak Ridge Circle is $326,527.
What are some comparable homes to 5 Oak Ridge Circle?
There are currently no comparable homes to 5 Oak Ridge Circle.
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