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Norwood 02062
51 Codman Rd
Photo of 51 Codman Rd
Sold on Nov 30, 2007

1

Map

$295,000
● House - Off Market

51 Codman Rd

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,260 Ft²
$651,466
RealtyHop Estimate
94.53%
Since Dec 1, 2007
MA-Boston
Primary Model

About This Property

This is a great home in a wonderful family neighborhood within walking distance to Ellis Park!!The Large Yard is partially fenced in, The Hardwood Floors have all just been refinished,fresh paint both inside & out,there's nothing to do but move in!!!Wait til you see the built in storage areas in the upstairs bedrooms! And of course the First Floor Master Bedroom!! Easy Commute to everything and of course Norwood's low tax rate and own electric company make this very affordable!!
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$266
Property Type
House
Property Taxes
$197
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 #70558085)

Price History

Date / Event Date Event Price
Nov 30, 2007 Sold
Premium
Sold
Apr 12, 2007 Listed $334,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,076
  • Total Building Area: 1,188
  • Gross Building Area: 2,380
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELLIS GARDENS DEV
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413201

Geography

  • Parcel: NORW M:00019 B:00004 L:00072
  • Block: 4
  • Lot: 72
  • Municipality: NORWOOD
  • Latitude: 42.2073
  • Longitude: -71.1889

    Address

  • Full Address: 51 Codman Rd
  • Address - House Number: 51
  • Address - Street Name: Codman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C014
  • 4-Digit Zip Code: 3937
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $511,300

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 561,458
  • High Value: 648,416
  • Low Value: 474,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,300
  • Assessed Land Value: $271,400
  • Assessed Improvements Value: $216,900

    Sales

  • Current Sale Recording Date: Nov 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 125738
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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$415

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2243 ft²

Average Home Age

57.4 years

Currently For Sale

48 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70558085

Frequently Asked Questions

When was property at 51 Codman Road built and last sold?
The property at 51 Codman Road was built in 1950 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 51 Codman Road is $345,482.
What are some comparable homes to 51 Codman Road?
There are currently no comparable homes to 51 Codman Road.
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