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Quincy 02170 Wollaston
63 Rice Rd
$420,000
● House - Off Market

63 Rice Rd

Quincy, MA 02170
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,260 Ft²
$612,505
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

Great opportunity to own in one of Quincy's most desirable neighborhoods for under $450k! This 4 bedroom 1.5 bath Cape with a full rear dormer is in the Beechwood Knoll area with an unobstructed Sailors Pond view. The eat in kitchen opens out into the bonus family room at the back of the house. There are two large bedrooms upstairs with a half bath and two bedrooms on the first floor.  Enjoy walking and dining along Wollaston beach or explore Historic Downtown Quincy with all of its dining and shopping options.  Close to public transportation and all major highways.  With a little TLC and some personal touches 63 Rice Road will be ready to welcome you home.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$345
Property Type
House
Property Taxes
$429
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: 4 months ago (MLSPIN #72532645)

Price History

Date / Event Date Event Price
Feb 28, 2020 Sold
Premium
Sold
Jul 11, 2019 Listed by Compass $435,000
Listed by Compass

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 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: 4,027
  • Total Building Area: 1,260
  • Gross Building Area: 2,335
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 417602

Zoning

  • Zoning: RESA

Geography

  • Account Number: 1553101
  • Parcel: QUIN M:5073B B:28 L:211
  • Block: 28
  • Lot: 211
  • Municipality: QUINCY
  • Latitude: 42.2719
  • Longitude: -71.0062

    Address

  • Full Address: 63 Rice Rd
  • Address - House Number: 63
  • Address - Street Name: Rice
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Quincy
  • Carrier Code: C007
  • 4-Digit Zip Code: 3515
  • Zip Code: 02170

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $621,200

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 601,928
  • High Value: 706,042
  • Low Value: 497,814

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $551,200
  • Assessed Land Value: $315,800
  • Assessed Improvements Value: $235,400

    Sales

  • Current Sale Contract Date: Feb 27, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18485
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 Wollaston

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$481

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1511 ft²

Average Home Age

65.3 years

Currently For Sale

18 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72532645

Frequently Asked Questions

When was property at 63 Rice Road built and last sold?
The property at 63 Rice Road was built in 1940 and last sold on Feb 27, 2020 for $420,000.
How much is this home worth?
The estimated value of the home located at 63 Rice Road is $447,798.
What are some comparable homes to 63 Rice Road?
There are currently no comparable homes to 63 Rice Road.
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