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Norfolk
724 Jerusalem Rd
$1,425,000
● House - Off Market

724 Jerusalem Rd

Cohasset, MA 02025
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,398 Ft²
$1,422,549
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Amazing opportunity to own a 5 acre parcel situated on Cohasset's Gold Coast on Jerusalem Road! The house that sits on the property could be renovated or you could construct a new home. On town sewer, there are lots of options. The current home features 11 rooms,  5 bedrooms, 2.5 baths,  spacious living room with dramatic fireplace, dining room, office and bonus room. Amazing tranquil and private setting! Views of the Atlantic Ocean from the second floor. There are not many situations that arise like this. Come make this property your own. Walk to Black Rock Beach.  Close proximity to The Commuter Rail and Hingham Ferry to Boston. Being sold as is.
Unit Size
3,398 Ft²
Days on Market
-
Land Size
5.08 acres
Price per sqft
$411
Property Type
House
Property Taxes
$1,051
HOA Dues
-
Year Built
1950

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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 #72956825)

Price History

Date / Event Date Event Price
Apr 28, 2022 Sold
Premium
Sold
Mar 23, 2022 Listed by Coldwell Banker Realty - Cohasset $1,395,000
Listed by Coldwell Banker Realty - Cohasset
Nov 19, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 2,121
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 221,285
  • Total Building Area: 3,398
  • Gross Building Area: 6,525
  • Building Area: 3,398
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,398
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005080
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Cohasset School District
  • School Tax School District: COHASSET SD
  • Census Tract: 423102

Zoning

  • Zoning: RB

Geography

  • Parcel: COHA M:B2 B:02 L:034
  • Block: 2
  • Lot: 34
  • Municipality: COHASSET
  • Latitude: 42.2587
  • Longitude: -70.8392

    Address

  • Full Address: 724 Jerusalem Rd
  • Address - House Number: 724
  • Address - Street Name: Jerusalem
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Cohasset
  • Carrier Code: C006
  • 4-Digit Zip Code: 1032
  • Zip Code: 02025

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,038,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,456,571
  • High Value: 1,687,539
  • Low Value: 1,225,603

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,674,600
  • Assessed Land Value: $1,347,500
  • Assessed Improvements Value: $327,100

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36929
  • Previous Sale Recording Date: Nov 19, 2020
  • Previous Sale Contract Date: Oct 26, 2020
  • Previous Sale Amount: $1,006,000
  • Previous Sale Document Type: O
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 Norfolk

Stats & Trends

Median Asking:

$755,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2563 ft²

Average Home Age

59.7 years

Currently For Sale

1395 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72956825

Frequently Asked Questions

When was property at 724 Jerusalem Road built and last sold?
The property at 724 Jerusalem Road was built in 1950 and last sold on Apr 28, 2022 for $1,425,000.
How much is this home worth?
The estimated value of the home located at 724 Jerusalem Road is $1,412,820.
What are some comparable homes to 724 Jerusalem Road?
There are currently no comparable homes to 724 Jerusalem Road.
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