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North Scituate 02066
7 Graves Ave.
$540,000
● House - Off Market

7 Graves Ave.

Scituate, MA 02066
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,173 Ft²
$708,938
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Fabulous location to enjoy as a summer house or renovate/build new. The lot is a double parcel that goes back to Ely Ave.   Town water and town sewer. Walk to the beach by neighborhood access to private spot. Enjoy the gorgeous views of Musquashicut Pond and the blue Atlantic. This quintessential home has been enjoyed by the same family for over sixty summers. The home sits pretty on a lovely lot ready for you to make it your own. A newer addition mudroom off the back now offers laundry and full bath before entering the remodeled kitchen. Welcoming dining room with french doors that lead to a 22'x8' summer porch for additional entertainment. Large living room with fireplace. 4 bedrooms and full bath up with original beadboard walls and ceilings, reminiscent of yesteryear.
Unit Size
1,173 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$469
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1930

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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 #72699608)

Price History

Date / Event Date Event Price
Oct 21, 2020 Sold
Premium
Sold
Aug 6, 2020 Listed by Coldwell Banker Realty - Scituate $549,900
Listed by Coldwell Banker Realty - Scituate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,228
  • Total Building Area: 1,173
  • Building Area: 1,173
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,173
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Scituate School District
  • School Tax School District: SCITUATE SD
  • Census Tract: 505103

Geography

  • Account Number: 2896
  • Parcel: SCIT M:022 B:005 L:005
  • Block: 5
  • Lot: 5
  • Municipality: SCITUATE
  • Latitude: 42.224
  • Longitude: -70.7549

    Address

  • Full Address: 7 Graves Ave
  • Address - House Number: 7
  • Address - Street Name: Graves
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Scituate
  • Carrier Code: C013
  • 4-Digit Zip Code: 1549
  • Zip Code: 02066

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $691,200

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 752,407
  • High Value: 877,283
  • Low Value: 627,531

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $667,200
  • Assessed Land Value: $434,000
  • Assessed Improvements Value: $233,200

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101777
  • Previous Sale Recording Date: Dec 06, 2017
  • Previous Sale Document Type: 27
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 North Scituate

Stats & Trends

Median Asking:

$992,000

Sale Price/ft²

$466

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3318 ft²

Average Home Age

89.6 years

Currently For Sale

5 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# 72699608

Frequently Asked Questions

When was property at 7 Graves Avenue built and last sold?
The property at 7 Graves Avenue was built in 1930 and last sold on Oct 21, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 7 Graves Avenue is $553,202.
What are some comparable homes to 7 Graves Avenue?
There are currently no comparable homes to 7 Graves Avenue.
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