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North Scituate 02066
56 Old Colony Way
$420,000
● House - Off Market

56 Old Colony Way

Scituate, MA 02066
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$703,299
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Price Adjustment! Well Maintained 4 Bedroom Colonial, Situated on a Corner Lot of a Desirable Neighborhood, located near Ball Fields and Scituate Harbor. Features include Freshly Painted  Walls, New Light Fixtures and a New Mud Room/3 Season Room. First floor features a 1/2 bath, Kitchen, Dining Room and Over Sized Family Room. The Dining room and Family Room have Custom Built-ins and Hardwood flooring. A New Wood Stove insert in the Family Room can keep the entire home cozy, while the Central Air will keep the home cool for the hot summer months. The Second Floor features a Full Bath and 4 generous Bed Rooms with Hardwood flooring through out. The lower level is walk out and potential for additional living space. This turn key home is ready for its new owner.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$312
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1959

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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 #72110414)

Price History

Date / Event Date Event Price
Jun 7, 2017 Sold
Premium
Sold
Jan 19, 2017 Listed by Real Living Coastal Real Estate $449,000
Listed by Real Living Coastal Real Estate
Apr 2, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 38,438
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000882
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wareham School District
  • School Tax School District: SCITUATE SD
  • Census Tract: 505102

Geography

  • Account Number: 4025
  • Parcel: SCIT M:038 B:005 L:030A
  • Block: 5
  • Lot: 30A
  • Municipality: SCITUATE
  • Latitude: 42.2041
  • Longitude: -70.7485

    Address

  • Full Address: 56 Old Colony Way
  • Address - House Number: 56
  • Address - Street Name: Old Colony
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Scituate
  • Carrier Code: C010
  • 4-Digit Zip Code: 4725
  • Zip Code: 02066

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,900

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 693,682
  • High Value: 821,867
  • Low Value: 565,498

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,900
  • Assessed Land Value: $307,600
  • Assessed Improvements Value: $247,300

    Sales

  • Current Sale Contract Date: Jun 05, 2017
  • Current Sale Recording Date: Jun 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 760033
  • Previous Sale Recording Date: Apr 02, 2014
  • Previous Sale Amount: $310,000
  • 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 North Scituate

Stats & Trends

Median Asking:

$992,000

Sale Price/ft²

$469

Below Asking

0.01%

Average Days on Market

57

Average Home Size

4667 ft²

Average Home Age

114 years

Currently For Sale

2 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: 5 months ago
Data Source: MLS PIN, MLS# 72110414

Frequently Asked Questions

When was property at 56 Old Colony Way built and last sold?
The property at 56 Old Colony Way was built in 1959 and last sold on Jun 5, 2017 for $420,000.
How much is this home worth?
The estimated value of the home located at 56 Old Colony Way is $457,026.
What are some comparable homes to 56 Old Colony Way?
There are currently no comparable homes to 56 Old Colony Way.
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