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North Scituate 02066
7 Pennycress Rd
$590,000
● House - Off Market

7 Pennycress Rd

Scituate, MA 02066
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,086 Ft²
$1,273,119
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model

About This Property

Exceptional Colonial in Coveted Neighborhood Near Minot Beach & N.Scituate Village,perfect for family & entertaining.Welcoming foyer opens to gracious dining room & front to back fireplaced living room.Sunsplashed kitchen steps out to oversized deck & private backyard.1st fl bd/suite for in-law/guests/office.4 generous bds on 2nd fl w/ample closets, gorgeous master bd & ba.Finished basement adjoins mudroom & garage. Value Range Pricing - Sellers will entertain offers btwn $599,000-$659,000.
Unit Size
3,086 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$194
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #71290276)

Price History

Date / Event Date Event Price
Apr 30, 2012 Sold
Premium
Sold
Sep 21, 2011 Listed by William Raveis R.E. & Home Services $599,000
Listed by William Raveis R.E. & Home Services
Nov 21, 2003 Sold
Premium
Sold
Sep 14, 2003 Listed by William Raveis R.E. & Home Services $695,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 20,996
  • Total Building Area: 2,991
  • Building Area: 2,991
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,991
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000482
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 2221
  • Parcel: SCIT M:021 B:005 L:018
  • Block: 5
  • Lot: 18
  • Municipality: SCITUATE
  • Latitude: 42.2206
  • Longitude: -70.7666

    Address

  • Full Address: 7 Pennycress Rd
  • Address - House Number: 7
  • Address - Street Name: Pennycress
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Scituate
  • Carrier Code: C012
  • 4-Digit Zip Code: 1440
  • Zip Code: 02066

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,093,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,238,932
  • High Value: 1,467,731
  • Low Value: 1,010,134

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,055,000
  • Assessed Land Value: $379,200
  • Assessed Improvements Value: $675,800

    Sales

  • Current Sale Recording Date: Apr 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000003
  • Previous Sale Recording Date: Nov 21, 2003
  • Previous Sale Amount: $690,000
  • 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:

$999,000

Sale Price/ft²

$468

Below Asking

0.01%

Average Days on Market

60

Average Home Size

3160 ft²

Average Home Age

95 years

Currently For Sale

1 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: 5 months ago
Data Source: MLS PIN, MLS# 71290276

Frequently Asked Questions

When was property at 7 Pennycress Road built and last sold?
The property at 7 Pennycress Road was built in 1963 and last sold on Jan 1, 1970 for $590,000.
How much is this home worth?
The estimated value of the home located at 7 Pennycress Road is $611,708.
What are some comparable homes to 7 Pennycress Road?
There are currently no comparable homes to 7 Pennycress Road.
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