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Marshfield Hills 02050
948 Forest Street
$810,000
● House - Off Market

948 Forest Street

Marshfield, MA 02050
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,792 Ft²
$846,781
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Pristine home set back on a private lot, located in the highly desirable Carriage Hill Way neighborhood.  This home has it all, with multiple decks, patios and mature plantings, in a natural setting that abuts acres of conservation land.  The nine-home cul-de-sac neighborhood is nestled between North Marshfield and Marshfield Hills. So, you're close to the Greenbush commuter train, the General Store, beaches, the High School, and Route 3 (old exit 12 - now exit 27).   The pride of ownership is evident with all the upgrades, such as windows, granite, kitchen cabinets, stainless steel appliances, hardwood flooring, hardy board, composite decking, engineered trim, a finished exercise room and so much more...You could possibly be in before the Holidays!
Unit Size
2,792 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$287
Property Type
House
Property Taxes
$623
HOA Dues
$58
Year Built
1974

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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 #73053165)

Price History

Date / Event Date Event Price
Jan 17, 2023 Sold
Premium
Sold
Nov 8, 2022 In contract -
In contract
Nov 2, 2022 Listed by MAC Realty $799,900
Listed by MAC Realty
Jan 17, 1996 Sold
Premium
Sold
Feb 2, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,274
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 2,792
  • Gross Building Area: 4,236
  • Building Area: 2,792
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,792
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001070
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marshfield School District
  • School Tax School District: MARSHFIELD SD
  • Census Tract: 506102

Zoning

  • Zoning: R-1

Geography

  • Parcel: MARS M:0D15 B:0003 L:0026
  • Block: 3
  • Lot: 26
  • Municipality: MARSHFIELD
  • Latitude: 42.1318
  • Longitude: -70.7462

    Address

  • Full Address: 948 Forest St
  • Address - House Number: 948
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marshfield
  • Carrier Code: R016
  • 4-Digit Zip Code: 6206
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $806,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 933,924
  • High Value: 1,093,722
  • Low Value: 774,127

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $775,700
  • Assessed Land Value: $307,000
  • Assessed Improvements Value: $468,700

    Sales

  • Current Sale Contract Date: Jan 17, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3401
  • Previous Sale Recording Date: Jan 17, 1996
  • Previous Sale Amount: $205,000
  • 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 Marshfield Hills

Stats & Trends

Median Asking:

$862,500

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

4267 ft²

Average Home Age

70.5 years

Currently For Sale

4 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# 73053165

Frequently Asked Questions

When was property at 948 Forest Street built and last sold?
The property at 948 Forest Street was built in 1974 and last sold on Jan 17, 2023 for $810,000.
How much is this home worth?
The estimated value of the home located at 948 Forest Street is $843,277.
What are some comparable homes to 948 Forest Street?
There are currently no comparable homes to 948 Forest Street.
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