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40 Homestead Ave, Weymouth, MA, 02188

3beds
2baths
1,691sqft
$462,500
$274price/sqft
$3,208/moest. monthly cost
$128,320/yrincome needed

About This Home

Eviction Case/Docket Number: 24H82SP01369. Eviction Case/Docket Place of Filing: Metro-South Housing Court. Eviction Case/Docket Number: 2025-P-1221. Eviction Case/Docket Place of Filing: Massachusetts Appellate Court. No Trespassing Do Not Disturb Occupant No Showings Permitted Please call the auction company with any questions regarding the property. A buyer s premium of 3% of the winning bid amount will be added to all winning bid amounts to determine the total purchase price. 3 bedrooms, 2.0 baths property, built in 1948 with 1691 square feet.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

--
5/10
Weymouth High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1948

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 1,691
  • Total interior livable area: 1,691 sqft

Property

Details

  • Parcel number: WEYMM28B371L006
  • Special condition: Auction

Features

  • Stories: 1

Lot

  • Lot size: 0.46 Acres

Parking

  • Total spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,338$28,056
Home Insurance *$133$1,596
Property Taxes $383$4,596
Electricity $354$4,259
Total$3,208$38,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,988/yr
40% on housing$96,240/yr
45% on housing$85,546/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$274This listing

vs Other Active Listings

Avg $/sqft

ZIP 02188$320
Norfolk County$448

vs Homes Sold Last Month

Median $/sqft

ZIP 02188$379
Norfolk County$427

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-04-03Sold$459,200
2019-03-13Listing removed--
2019-02-21Listed for sale--

Unknown Listed By

AgentVALERIE ELLSWORTH
BrokerageNew Neighbor Realty, LLC

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