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Scituate 02066
7 Cedar Crest Ln
$460,000
● House - Off Market

7 Cedar Crest Ln

Scituate, MA 02066
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,315 Ft²
$718,356
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Bring your vision to this charming 2 bedroom 2 bath Cape tucked away down a private road in Scituate Harbor location.  Enjoy a short stroll to Pegotty Beach, shopping, golfing and commuter rail into Boston. This solid home offers a large front to back living room and hardwood floors throughout. There is a bonus room with full bathroom off the kitchen which is perfect for a play room, or office. The second floor offers two spacious bedrooms, and a full bath. There is a full unfinished basement, attic storage and an attached oversized one car garage.  A wonderful opportunity - update...expand...  "Living in Scituate is a way of life".
Unit Size
1,315 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$369
Property Type
House
Property Taxes
$531
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: 4 months ago (MLSPIN #72327699)

Price History

Date / Event Date Event Price
Jun 26, 2018 Sold
Premium
Sold
May 16, 2018 Listed by William Raveis R.E. & Home Services $485,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 14,970
  • Total Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: East Bridgewater School District
  • School Tax School District: SCITUATE SD
  • Census Tract: 505201

Geography

  • Account Number: 6283
  • Parcel: SCIT M:054 B:001 L:008
  • Block: 1
  • Lot: 8
  • Municipality: SCITUATE
  • Latitude: 42.183
  • Longitude: -70.7307

    Address

  • Full Address: 7 Cedar Crest Ln
  • Address - House Number: 7
  • Address - Street Name: Cedar Crest
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Scituate
  • Carrier Code: C017
  • 4-Digit Zip Code: 4501
  • Zip Code: 02066

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $905,300

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 825,237
  • High Value: 977,731
  • Low Value: 672,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $873,800
  • Assessed Land Value: $425,500
  • Assessed Improvements Value: $448,300

    Sales

  • Current Sale Recording Date: Jun 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50078
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 Scituate

Stats & Trends

Median Asking:

$999,450

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2550 ft²

Average Home Age

47.7 years

Currently For Sale

9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72327699

Frequently Asked Questions

When was property at 7 Cedar Crest Lane built and last sold?
The property at 7 Cedar Crest Lane was built in 1951 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 7 Cedar Crest Lane is $494,492.
What are some comparable homes to 7 Cedar Crest Lane?
There are currently no comparable homes to 7 Cedar Crest Lane.
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