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Norwood 02062
9 Phillips Ave
$439,000
● House - Off Market

9 Phillips Ave

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,232 Ft²
$754,414
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Completely Renovated Historic Colonial Home with 3 Beds, 1.5 baths, Family Room. High Ceilings. Open Kitchen, Hardwood Floors, Granite Counters, White Cabinets, Stainless Appliances, Tiled Baths. Landscaped front yard with numerous shrubs and fruit tree. Private back yard & deck. 1 car garage. Quiet neighborhood. Short walk to shops, & restaurants in the center. Easy access to Routes 1, 95 and 128. All new 200 amp electrical, plumbing, gas heat, A/C, & Insulation.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$357
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1870

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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: 6 months ago (MLSPIN #71941301)

Price History

Date / Event Date Event Price
Mar 15, 2016 Sold
Premium
Sold
Dec 14, 2015 Listed by www.EntryOnly.com $439,900
Listed by www.EntryOnly.com
Sep 17, 2015 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,470
  • Total Building Area: 1,232
  • Gross Building Area: 2,572
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413401

Geography

  • Parcel: NORW M:00003 B:00010 L:00016
  • Block: 10
  • Lot: 16
  • Municipality: NORWOOD
  • Latitude: 42.1867
  • Longitude: -71.2095

    Address

  • Full Address: 9 Phillips Ave
  • Address - House Number: 9
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Norwood
  • Carrier Code: C021
  • 4-Digit Zip Code: 3211
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $562,200

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 669,675
  • High Value: 811,090
  • Low Value: 528,261

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $537,000
  • Assessed Land Value: $268,300
  • Assessed Improvements Value: $268,700

    Sales

  • Current Sale Recording Date: Mar 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23022
  • Previous Sale Recording Date: Sep 17, 2015
  • Previous Sale Amount: $240,000
  • 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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$415

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2237 ft²

Average Home Age

57.5 years

Currently For Sale

49 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: 6 months ago
Data Source: MLS PIN, MLS# 71941301

Frequently Asked Questions

When was property at 9 Phillips Avenue built and last sold?
The property at 9 Phillips Avenue was built in 1870 and last sold on Jan 1, 1970 for $439,000.
How much is this home worth?
The estimated value of the home located at 9 Phillips Avenue is $449,124.
What are some comparable homes to 9 Phillips Avenue?
There are currently no comparable homes to 9 Phillips Avenue.
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