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Norwood 02062
6 Spruce Rd
$660,000
● House - Off Market

6 Spruce Rd

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,858 Ft²
$667,803
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

***Home Sweet Home*** Welcome to Norwood and this lovely, well maintained, 3 bed, 1.5 bath Ranch.  Located in the desirable "Tree Streets" neighborhood, this home is ready for its new owner.  Interior features include a recently renovated kitchen, an updated heating system with gas conversion, hardwood floors throughout, additional living space in a finished lower level, central AC and a cozy fireplace in the living room. Enjoy the outdoors in your generous sized fenced in yard, featuring a storage shed, hard scape patio and lush plantings.  All this and it's within minutes to highways and T station for commuters. Showings begin Friday or please join us Saturday from 12:00-2:00 and Sunday 11:00-1:00 for Open Houses. All offers due by 5:00 PM Monday 1/10
Unit Size
1,858 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$336
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1951

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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 #72931757)

Price History

Date / Event Date Event Price
Mar 1, 2022 Sold
Premium
Sold
Jan 6, 2022 Listed by Elevate Real Estate $625,000
Listed by Elevate Real Estate
Jun 23, 2017 Sold
Premium
Sold
Apr 27, 2017 Listed by Elevate Real Estate $435,000
Listed by Elevate Real Estate
Jul 15, 2002 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 9,920
  • Total Building Area: 1,158
  • Gross Building Area: 2,298
  • Building Area: 1,158
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,158
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • 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:00013 B:00008 L:00017
  • Block: 8
  • Lot: 17
  • Municipality: NORWOOD
  • Latitude: 42.1976
  • Longitude: -71.2163

    Address

  • Full Address: 6 Spruce Rd
  • Address - House Number: 6
  • Address - Street Name: Spruce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C007
  • 4-Digit Zip Code: 1319
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $607,500

    Appraisal Valuation

  • Standard Deviation: 0.172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 675,839
  • High Value: 792,101
  • Low Value: 559,577

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $580,200
  • Assessed Land Value: $314,000
  • Assessed Improvements Value: $266,200

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1498854
  • Previous Sale Recording Date: Jun 23, 2017
  • Previous Sale Contract Date: Jun 22, 2017
  • Previous Sale Amount: $450,000
  • 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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2154 ft²

Average Home Age

64.7 years

Currently For Sale

52 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: 5 months ago
Data Source: MLS PIN, MLS# 72931757

Frequently Asked Questions

When was property at 6 Spruce Road built and last sold?
The property at 6 Spruce Road was built in 1951 and last sold on Feb 28, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 6 Spruce Road is $630,040.
What are some comparable homes to 6 Spruce Road?
There are currently no comparable homes to 6 Spruce Road.
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