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Scituate 02066
50 Otis Place
$865,000
● House - Off Market

50 Otis Place

Scituate, MA 02066
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,634 Ft²
$1,216,049
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Magnificent Antique Colonial, Premier Harbor Location, balanced blend of charm & character. Appreciate the craftsmanship of early 1900's with the convenience of modern day touches. Enjoy beautiful decorative wood trims, built-ins, high ceilings, hardwood floors, custom built china cabinets and shelving. Kitchen has multiple pantries, Dining room accommodates large gatherings, Private home office and den. Second floor has ocean views, 3 large bedrooms and one full bath. Attached 2-bedroom apartment for rental income. Enjoy gorgeous summer evenings on the expansive grand porch. Property is awash with color from the lovely gardens and plantings. Circular drive on Allen Place side.
Unit Size
2,634 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$323
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1900

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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 #72518675)

Price History

Date / Event Date Event Price
Aug 20, 2019 Sold
Premium
Sold
Jun 13, 2019 Listed by Coldwell Banker Residential Brokerage - Scituate $850,000
Listed by Coldwell Banker Residential Brokerage - Scituate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,806
  • Total Building Area: 2,634
  • Gross Building Area: 1,548
  • Building Area: 2,634
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,634
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000478
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hanover School District
  • School Tax School District: SCITUATE SD
  • Census Tract: 505202

Geography

  • Account Number: 6014
  • Parcel: SCIT M:050 B:004 L:019
  • Block: 4
  • Lot: 19
  • Municipality: SCITUATE
  • Latitude: 42.1955
  • Longitude: -70.7279

    Address

  • Full Address: 50 Otis Pl
  • Address - House Number: 50
  • Address - Street Name: Otis
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Scituate
  • Carrier Code: C001
  • 4-Digit Zip Code: 1323
  • Zip Code: 02066

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,130,200

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,195,925
  • High Value: 1,416,781
  • Low Value: 975,068

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,090,900
  • Assessed Land Value: $530,500
  • Assessed Improvements Value: $560,400

    Sales

  • Current Sale Contract Date: Aug 19, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67344
  • Previous Sale Recording Date: Jul 06, 1983
  • Previous Sale Document Type: 34
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 Scituate

Stats & Trends

Median Asking:

$989,500

Sale Price/ft²

$542

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2970 ft²

Average Home Age

59.1 years

Currently For Sale

7 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# 72518675

Frequently Asked Questions

When was property at 50 Otis Place built and last sold?
The property at 50 Otis Place was built in 1900 and last sold on Aug 19, 2019 for $865,000.
How much is this home worth?
The estimated value of the home located at 50 Otis Place is $859,887.
What are some comparable homes to 50 Otis Place?
There are currently no comparable homes to 50 Otis Place.
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