Owner
$1,489,425
89 FAIROAKS LN, COHASSET, MA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
2
sq. ft.
3,402
property type
Single Family Residential
hoa
No
About
Residential
Good Condition
Living Area
Underground/Basement
2 Stories
Unfinished Basement
Hot Water
Frame
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1992
Building Size
3,402 sq ft
Lot Size
21,601 sq ft
Lot Size (Acres)
0.50 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
COHA M:C5 B:70 L:014
County
Norfolk County, MA
Metro Area
Boston-Cambridge-Newton, MA-NH
Zoning
RB
Neighborhood/Subdivision
—
Lot Number
14
School District
Cohasset School District
Legal Description
—
Tax & Value Information
Market Value (Total)
$0
Building Value
$0
Land Value
$0
Annual Property Tax
—
Tax Assessment Year
2024
Assessed Value
$1,178,800
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
8/7/2023
Recording Date
8/7/2023
Sales Document #
2023.50784
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$57,633
Return on Investment
15.60%
After Repair Value
$1,638,368
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$1,340,483
Renovation Cost
$74,471
Closing Costs (buying)
$26,810
Holding Costs
$40,669
Selling Costs
$98,302
Total Investment
$369,377
After Repair Value (ARV)
$1,638,368
Total Costs
$1,580,735
Estimated Profit
$57,633
Cash Invested
$342,568
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area