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Norwood 02062
59 Devon Road
$498,500
● House - Off Market

59 Devon Road

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,766 Ft²
$742,373
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model

About This Property

Location! Location! Location!  Well Cared For Three Bedroom, 2.5 Bath Raised Ranch features Living Room with Fireplace, Family Room Lower Level with Fireplace, Hardwood Floors, Central Air, Two Car Garage Attached/Under. Large, Beautiful 3-Season Porch overlooks Private Backyard!
Unit Size
1,766 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$294
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #72570141)

Price History

Date / Event Date Event Price
Jan 21, 2020 Sold
Premium
Sold
Sep 25, 2019 Listed by Camber Real Estate, Inc. $519,000
Listed by Camber Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 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: 18,660
  • Total Building Area: 1,766
  • Gross Building Area: 3,420
  • Building Area: 1,766
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,766
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000428
  • 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: 413300

Geography

  • Parcel: NORW M:00011 B:00020 L:00068
  • Block: 20
  • Lot: 68
  • Municipality: NORWOOD
  • Latitude: 42.1855
  • Longitude: -71.2241

    Address

  • Full Address: 59 Devon Rd
  • Address - House Number: 59
  • Address - Street Name: Devon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C023
  • 4-Digit Zip Code: 1047
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $689,200

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 796,666
  • High Value: 924,255
  • Low Value: 669,078

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $658,300
  • Assessed Land Value: $366,400
  • Assessed Improvements Value: $291,900

    Sales

  • Current Sale Contract Date: Jan 20, 2020
  • Current Sale Recording Date: Jan 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5613
  • Previous Sale Recording Date: Sep 13, 2012
  • 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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$427

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2194 ft²

Average Home Age

62.3 years

Currently For Sale

37 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72570141

Frequently Asked Questions

When was property at 59 Devon Road built and last sold?
The property at 59 Devon Road was built in 1960 and last sold on Jan 20, 2020 for $498,500.
How much is this home worth?
The estimated value of the home located at 59 Devon Road is $529,975.
What are some comparable homes to 59 Devon Road?
There are currently no comparable homes to 59 Devon Road.
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