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Quincy 02169 Quincy Point
7 Ring Avenue
$473,000
● House - Off Market

7 Ring Avenue

Quincy, MA 02169
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,033 Ft²
$759,968
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Location! Location! Location! Well maintained Colonial home featuring 2033 square feet of living area. Property consists of 9 spacious rooms 4 plus bedrooms,1 1/4 bathrooms, hardwood floors, formal dining room, gas cooking,  large walk up attic, full unfinished basement, porch plus a 2 car garage and  located on a very nice side street. Walk to Mbta, bus, stores and schools. Easy to show.
Unit Size
2,033 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$241
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1925

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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 #72159960)

Price History

Date / Event Date Event Price
Aug 30, 2017 Sold
Premium
Sold
May 6, 2017 Listed by Cityview Real Estate $489,000
Listed by Cityview Real Estate
Sep 1, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 6,312
  • Total Building Area: 2,027
  • Gross Building Area: 3,971
  • Building Area: 2,027
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,027
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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: 417902

Zoning

  • Zoning: RESB

Geography

  • Account Number: 756701
  • Parcel: QUIN M:2055 B:19 L:B
  • Block: 19
  • Lot: B
  • Municipality: QUINCY
  • Latitude: 42.2474
  • Longitude: -70.9835

    Address

  • Full Address: 7 Ring Ave
  • Address - House Number: 7
  • Address - Street Name: Ring
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Quincy
  • Carrier Code: C058
  • 4-Digit Zip Code: 7031
  • Zip Code: 02169

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $766,100

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 794,446
  • High Value: 926,098
  • Low Value: 662,794

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $679,800
  • Assessed Land Value: $274,600
  • Assessed Improvements Value: $405,200

    Sales

  • Current Sale Recording Date: Aug 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82517
  • Previous Sale Recording Date: Sep 01, 2006
  • Previous Sale Amount: $105,000
  • 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 Quincy Point

Stats & Trends

Median Asking:

$689,000

Sale Price/ft²

$477

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1257 ft²

Average Home Age

34.4 years

Currently For Sale

29 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# 72159960

Frequently Asked Questions

When was property at 7 Ring Avenue built and last sold?
The property at 7 Ring Avenue was built in 1925 and last sold on Jan 1, 1970 for $473,000.
How much is this home worth?
The estimated value of the home located at 7 Ring Avenue is $510,252.
What are some comparable homes to 7 Ring Avenue?
There are currently no comparable homes to 7 Ring Avenue.
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