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240 Washington St, Norwood, MA, 02062

$1,175,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths
2,488 SqFt
$472/SqFt
Multi

Location

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240 Washington St, Norwood$1,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Common
Year Built1959
HeatingNatural Gas
BasementYes
MLS #73320100
Lot Size0.11 Acres
StatusActive
(New)

About 240 Washington St

Welcome to this exceptional investment opportunity with a prime commuter friendly location. Recently renovated 3 family near the Westwood line. This fully rented property presents an incredible opportunity for anyone seeking a cash-flowing property with three generously sized units, all separate utilities and a strong rental history. The property has been well maintained and features newer kitchens with new appliances, renovated bathrooms, oversized rooms and a shared back yard. Plenty of parking spaces and separate laundry facilities in basement. Within walking distance to the train, shops, restaurants and supermarkets. Don't miss out on this rare chance to own a fully rented property in a sought after location, and begin enjoying the benefits of passive income in this thriving rental market.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 2,488 SqFt

Listing Office:

  • Office Name: Capital Realty Group
  • Office Phone: (508) 395-8333
  • Listing Agent: Michael Lord

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Interior: Living Room, Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: Paved Drive, Common

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: See Google maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,175,000
  • Price Per SqFt: $472/SqFt

Tax Information:

  • Annual Amount: $5,994
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwood, MA.

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Norwood, MA

City

Med. Sold Price

$650K

Med. Price/SqFt

$403

Avg. Days On Market

23

# of Sold Homes

15

240 Washington St vs Norwood

1 DAY ON ROCKET

-22 Days

$1,175,000

+$525K More

$472/SqFt

+$69 More

KEY TAKEAWAY

This property is $525K more than the Median Sold Price and $69/SqFt more than other homes in Norwood, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73320100

Listing Office:

  • Office Name: Capital Realty Group
  • Office Phone: (508) 395-8333
  • Listing Agent: Michael Lord

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,994$528,600
2020$5,511$494,300
2019$4,997$458,900
2018$4,783$431,300
2017$4,643$416,400

History based on county public records data.

Payment Calculator

$5,932

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,589

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4313814
4
/10

  • John P. Oldham Elementary School

  • 165 Prospect St

  • 0.50 miles

  • Public District Grades 1-5

school-card-donut-4313815
4
/10

  • C. M. Callahan Elementary School

  • 116 Garfield Ave

  • 0.71 miles

  • Public District Grades 1-5

school-card-donut-4313816
9
/10

  • Downey School

  • 250 Downey St

  • 1.14 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,567. Typical income of Norwood, MA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Norfolk County›Norwood›02062›240 Washington St

This home is located at 240 Washington St in Norwood, MA and zip code 02062. This 2,488 square foot home, which was built in 1959, sits on a 0.11 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $1,175,000.

Norwood, MA housing market in November 2024 saw over 8 listings sold above listed price, more than 2 sold at listed price and over 5 sold below. Between October 2024 and November 2024, Norwood, MA real estate market has seen decrease in the number of listings by 12.9%. In November 2024 median list price was $650,000 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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