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Weymouth Town 02188 South Weymouth
64 Progress St
$494,000
● House - Off Market

64 Progress St

Weymouth, MA 02188
bedrooms
3 Beds
bathrooms
1 Bath
square feet
975 Ft²
$2,583
Est. Monthly

About This Property

Ideally located in a beautiful South Weymouth neighborhood, this quaint 3 bedroom, 1 bath ranch is the perfect opportunity for a family looking for a great location and ample yard space. Featuring hardwood floors and a fireplace, the oversized living room flows directly into the eat-in kitchen. Three generously sized bedrooms and a full bath round out the first level. A single car garage connects directly to the full basement that is prime for finishing and the deck off the kitchen overlooks the impressive outdoor space. With easy access to Rt. 93, South Shore Hospital, and all of South Weymouth's great shops and restaurants, this is an amazing opportunity on a great piece of land. Bring your updates and expansion ideas to a property with a ton of equity potential.
Unit Size
975 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$462
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73199724)

Price History

Date / Event Date Event Price
Mar 22, 2024 Sold
Premium
Sold
Feb 13, 2024 In contract -
In contract
Feb 6, 2024 Listed by Principal Real Estate Partners $450,000
Listed by Principal Real Estate Partners

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,890
  • Total Building Area: 975
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 975
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000365
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Weymouth School District
  • School Tax School District: WEYMOUTH SD
  • Census Tract: 422301

Zoning

  • Zoning: R-3

Geography

  • Account Number: 11737
  • Parcel: WEYM M:32 B:410 L:132
  • Block: 410
  • Lot: 132
  • Municipality: WEYMOUTH
  • Latitude: 42.1982
  • Longitude: -70.9672

    Address

  • Full Address: 64 Progress St
  • Address - House Number: 64
  • Address - Street Name: Progress
  • Address - Suffix Type: St
  • State: MA
  • City Name: Weymouth
  • Carrier Code: C004
  • 4-Digit Zip Code: 1223
  • Zip Code: 02188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $448,000

    Appraisal Valuation

  • Standard Deviation: 0.0704
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 95
  • Final Value: 472,468
  • High Value: 505,755
  • Low Value: 439,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,700
  • Assessed Land Value: $194,500
  • Assessed Improvements Value: $234,200

    Sales

  • Current Sale Contract Date: Mar 22, 2024
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1533819
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 South Weymouth

Stats & Trends

Median Asking:

$635,000

Sale Price/ft²

$385

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1741 ft²

Average Home Age

72.1 years

Currently For Sale

24 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 655 Washington Street, Weymouth, MA, 02188

$2,415 /mo

  • 1 Bed
  • 1 Bath
  • 709 ft²
655 Washington Street #A1, Weymouth, MA, 02188 Listing by Equity Residential
Unit for rent at 1 Matthew Lane, Braintree, MA, 02184

$2,540 /mo

  • 1 Bed
  • 1 Bath
  • 770 ft²
1 Matthew Lane #Chatham, Braintree, MA, 02184 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73199724

Frequently Asked Questions

When was property at 64 Progress Street built and last sold?
The property at 64 Progress Street was built in 1955 and last sold on Mar 22, 2024 for $494,000.
How much is this home worth?
The estimated value of the home located at 64 Progress Street is $455,058.
What are some comparable homes to 64 Progress Street?
There are currently no comparable homes to 64 Progress Street.
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