Neighborhood
35 Newbert Ave, South Weymouth, MA 02190
3 beds · 2 baths · 1,788 sq ft · Lot: 8,276 sq ft · Single Family Home · Built: 1938
Est. Value:
$690K
Est. Rent:
$3.6K/month

35 Newbert Ave South Weymouth, MA 02190

3 beds · 2 baths · 1,788 sq ft · Lot Size: 8,276 sq ft · Single Family Home · South Weymouth
Est. Property Value: $690,197

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35 Newbert Ave is in the South Weymouth neighborhood of South Weymouth, MA. It is located in Norfolk County and ZIP code 02190. This Single Family Home was built in 1938 and is approximately 87 years old. The single family home spans 1788 sq ft with 3 bedrooms and 2 bathrooms and sits on a 8276 sq ft lot. According to public records, it has a tax-assessed value of $716,585, which is $386 per sq ft. The South Weymouth area of South Weymouth has 9 residential homes with an average size of 1256 sq ft. Analyze and compare real estate investment strategies for properties like this home at 35 Newbert Ave South Weymouth, MA 02190 with Property Intel by Whitepages.

Investment Potential for 35 Newbert Ave

The property has a current estimated value of $690,197, which is 40% above the neighborhood median. Projected long-term rental income is $43,800 annually ($3,650 per month) with a 98% occupancy rate.

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Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
98%in 02190 zip code
 
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Owners & Occupancy for 35 Newbert Ave

No contact information is available.

Occupancy

Resident 1************ age 80
Resident 2***************** age 75

Property Details for 35 Newbert Ave

Property Details

Property Sq Ft

Living Area

1,788 sq ft

42% above market

Lot Size

8,276 sq ft

6% above market

Price Per Sq Ft

Living Area

$386 / sq ft

6% below market

Lot Size Area

$83 / sq ft

44% above market

Property condition, age, exterior, etc. for 35 Newbert…
Longitude: -70.957162 Latitude: 42.173753 Parcel Number (APN): WEYM-000045-000517-000007…
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Market Benchmarks

Compare data for 35 Newbert Ave in Norfolk County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$690,197
$544,154
$146,042 (27%)
$768,844
$145,296 (19%)
YoY Price Change
1.99%
694%
Year Built
1938
1962
-24 years
Living Space
1,788 sq ft
1,570 sq ft
218 (14%)
$ Per Living Sq Ft
$386
$345
$41 (12%)
Lot Size
8,276 sq ft
15,246 sq ft
-6970 (-46%)
$ Per Lot Sq Ft
$83
$37
$46 (126%)

Net Operating Income
$29,572
-$2,507 (-8%)
Annual Revenue
$43,800
$44,400
-$600 (-1%)
$15,325
$1,410 (9%)
Net Operating Income
$29,572
-$2,507 (-8%)
Cap Rate
5.38%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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