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Quincy 02171 Marina Bay
62 Bay State Rd
$305,000
● House - Off Market

62 Bay State Rd

Quincy, MA 02171
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,010 Ft²
$446,201
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Just a stone's throw over the Neponset bridge is this modern, well-laid out single family home. No condo fee!  Parking, central air, large back deck, fenced yard. Two beds on the 2nd floor, finished basement with 1/2 bath and bonus room being used as 3rd bed. Convenient to Wollaston beach and I93. Large storage space in attic. Come see this well maintained home on a quiet street just outside Boston.
Unit Size
1,010 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$297
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1940

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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 #72410409)

Price History

Date / Event Date Event Price
Nov 20, 2018 Sold
Premium
Sold
Oct 14, 2018 Listed by In Realty $299,999
Listed by In Realty
Nov 10, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,337
  • Total Building Area: 864
  • Gross Building Area: 1,412
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000031
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quincy School District
  • School Tax School District: QUINCY SD
  • Census Tract: 417300

Zoning

  • Zoning: RESB

Geography

  • Account Number: 2066601
  • Parcel: QUIN M:6070 B:128 L:91
  • Block: 128
  • Lot: 91
  • Municipality: QUINCY
  • Latitude: 42.2874
  • Longitude: -71.0283

    Address

  • Full Address: 62 Bay State Rd
  • Address - House Number: 62
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Quincy
  • Carrier Code: C051
  • 4-Digit Zip Code: 1512
  • Zip Code: 02171

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $477,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 456,176
  • High Value: 538,992
  • Low Value: 373,360

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $423,700
  • Assessed Land Value: $255,800
  • Assessed Improvements Value: $167,900

    Sales

  • Current Sale Recording Date: Nov 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103942
  • Previous Sale Recording Date: Nov 10, 2015
  • Previous Sale Amount: $249,000
  • 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 Marina Bay

Stats & Trends

Median Asking:

$552,000

Sale Price/ft²

$538

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1287 ft²

Average Home Age

35.6 years

Currently For Sale

12 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

Unit for rent at 0 Moseley St, Dorchester, 02125

$3,200 /mo

  • 2 Beds
  • 1 Bath
0 Moseley St, Dorchester, 02125 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72410409

Frequently Asked Questions

When was property at 62 Bay State Road built and last sold?
The property at 62 Bay State Road was built in 1940 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 62 Bay State Road is $316,706.
What are some comparable homes to 62 Bay State Road?
There are currently no comparable homes to 62 Bay State Road.
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