MARKET ANALYSIS 140 Border Street, Cohasset
Prepared Exclusively For Karen and Andy Partridge c/o Relocation Coordinates International / Kristi Wastrom
W H O Y O U W O R K W I T H M AT T E R S
Michael J Moran 6 1 7. 7 3 3 . 7 6 6 0 Michael.Moran@GibsonSIR.com Michael J. Moran is a professional, dedicated, and highly respected Broker in the greater Boston area. Born into a family of real estate professionals Michael developed a passion for the industry early on, obtaining his license at the age of eighteen. As a Boston native, Michael's understanding of the city and its surrounding neighborhoods is extensive, making him an invaluable asset to each of his clients. Throughout the course of his twenty-eight-year career, his primary focus has been on the Back Bay, Beacon Hill, the South End, Seaport, and Brookline. He began his career working for his family's company, The Moran Company Realtors from 1989 to 1997. He then joined the team at Hammond Residential where he stayed until 2004, before moving over to Otis & Ahearn Real Estate. Over the course of his career, Michael has been able to grow his business through expert knowledge of the brokerage resale market, where he specializes in luxury new construction and renovation. Personally representing many of Boston's finest condominium developments including the award-winning Residences at Nine Commonwealth Ave. Michael also represented the buyer for the recorded setting highest priced condominium sale in New England to date. Michael prides himself on treating each client with special care, attention, and confidentiality a practice that has allowed him to build a strong foundation for his business. His hard work and dedication to professionalism have been continuously rewarded through personal referrals, a dedicated base of clientele, and a superb local reputation. Michael's work has also been recognized by his peers. The downtown brokers elected him as the President of the Downtown Council of the Greater Boston Real Estate Board in 1997. In 2004 he was appointed to the Board of Directors of the Greater Boston Real Estate Board. Michael is also active in many local charities. Today, Michael continues to conduct his business with boundless energy and unwavering commitment to his clients at Gibson Sotheby's International Realty. He is a superb negotiator with a comprehensive understanding of the residential market and is comfortable working in all price ranges. His strong work ethic, constant determination, and almost thirty years of experience have made Michael one of Boston's top brokers.
W H O Y O U W O R K W I T H M AT T E R S
Ashley Brennan 781.844.5302 As h l ey. B re n n a n @ G i bs o n S I R .c o m As a lifelong resident on the South Shore, Ashley can put her insider knowledge to work to find a special property in your neighborhood of choice. She uses innovative marketing tools to expose your property to the widest possible range of qualified buyers. Ashley has an extensive international background having lived in Europe for over 5 years; she speaks both French and German and truly enjoys sharing stories of her travels. She has also worked to attain her designation as an Accredited Buyer's Representative. Why choose Ashley as your real estate agent? For one thing, she really listens to you and will work tirelessly on your behalf. She is competitive to a fault, which comes from her years as a collegiate basketball player. She will make sure the process is as easy and stress free as possible for you and meet all of your needs. Before her career in real estate, Ashley obtained her Bachelor's Degree in Administration of Justice from Salve Regina University. She went on to receive her Masters with a concentration in International Law. Ashley resides in Hingham with her husband and two sons.
P RO P E RTY OVE RVI EW
140 Border Street, Cohasset, Massachusetts
SUBJECT PROPERTY: Situated at the end of a lengthy private drive is 140 Border Street Cohasset, a landscaped roundabout separates the Main house and the freestanding four car garage with a two bedroom guest apartment above. In the words of the owners, the house reminded them of a "California style home", but might also be described as "European" or "Scandinavian" style for coastal Massachusetts marketplace. The subject property is perched atop a coastal ledge with commanding views of the Cohasset harbor, the Atlantic Ocean, and the inner harbor marsh. The views are captivating with local lobster and pleasure boats moored in the distance, and the contrasting natural peace of the birds and wildlife in the inner marsh. The home has four tidal moorings and dock potential. A massive deck wraps the harbor side of the home to allow for unobstructed enjoyment of above noted. The interior is architecturally designed to incorporate the view in all of the common rooms.
Square Footage: 6,544 Main Home Four Bedrooms / Four and One Half Baths Square Footage: 1,250 Guest Home Two Bedrooms / One Bath
M A R K E T A N A LYS I S
Sample Cohasset Current On Market $2.6M - $3M
• 91 Atlantic Avenue, Cohasset, MA • Beds/Baths: 4 Beds / 3F, 1H Baths • Square Feet: 2,779 Square Feet • DOM: 242 • List Price: $2,650,000
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• 240 Cedar Street, Cohasset, MA • Beds/Baths: 4 Beds / 3F, 2H Baths • Square Feet: 3,700 Square Feet • DOM: 148 • List Price: $2,695,000
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• 3 Jerusalem Lane, Cohasset, MA 02025 • Beds/Baths: 4 Beds / 4F, 1H Baths • Square Feet: 6,227 Square Feet • DOM: 140 • List Price: $2,745,000
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• 99 Atlantic Avenue, Cohasset, MA • Beds/Baths: 5 Beds / 3F, 1H Baths • Square Feet: 5,642 Square Feet • DOM: 50 • List Price: $2,800,000
Source: MLS, See Addendum for Full Property Details
580 Jerusalem Road, Cohasset, MA
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Beds/Baths: 5 Beds / 5 F, 3H Baths Square Feet: 5,150 Square Feet DOM: 156 List Price: $2,850,000
129 Nichols Road, Cohasset, MA
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Beds/Baths: 4 Beds / 4F, 1H Baths Square Feet: 5,632 Square Feet DOM: 142 List Price: $2,999,000
218 Jerusalem Road, Cohasset, MA
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Beds/Baths: 6 Beds / 4F, 3H Baths Square Feet: 10,040 Square Feet DOM: 58 List Price: $2,999,000
M A R K E T A N A LYS I S Sample Cohasset Under Agreement $2.6M - $3M
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78 Lamberts Lane, Cohasset, MA
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Beds/Baths: 5 Beds / 5F Baths Square Feet: 4,000 Square Feet DOM: 17 DTO: 3 Sale Price: $2,800,000
385 Atlantic Avenue, Cohasset, MA
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Beds/Baths: 3 Beds / 5F, 1H Baths Square Feet: 4,032 Square Feet DOM: 50 DTO: 36 Sale Price: $2,990,000
Source: MLS, See Addendum for Full Property Details
M A R K E T A N A LYS I S Sample Cohasset Closed $2M - $3.5M (last six months)
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16 Stockbridge Street, Cohasset, MA
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Square Feet: 4,000 Square Feet DOM: 253 DTO: 14 Sale Price: $2,000,000
28 Bow Street, Cohasset, MA
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Beds/Baths: 5 Beds / 5F, 1H Baths
Beds/Baths: 4 Beds / 4F, 1H Baths Square Feet: 4,914 Square Feet DOM: 158 DTO: 141 Sale Price: $2,287,500
14 Rust Way, Cohasset, MA
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Beds/Baths: 4 Beds / 3F, 2H Baths Square Feet: 5,520 Square Feet DOM: 26 DTO: 11 Sale Price: $3,200,000
Source: MLS, See Addendum for Full Property Details
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481 Jerusalem Road, Cohasset, MA
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Beds/Baths: 5 Beds / 5F, 3H Baths Square Feet: 7,851 Square Feet DOM: 93 DTO: 78 Sale Price: $3,400,000
SUGGESTED PRICING
Suggested Price Range: $2,750,000. - $2, 850,000. Term Six Months Commission: 5% (five)
Additional Notes/Suggestions: 1) Seal coat the driveway 2) Address floor issue in guest house 3) Landscaping the roundabout and mulch front beds.
Important Note: With high sensitivity to COVID19 and the current environment and being guided at a minimum by the recommended CDC, State of Massachusetts, MA Association of Realtor, Great Boston Real Estate Board, Town of Cohasset, and Gibson Sotheby's International Realty precautionary measures, I am concerned about showings with so many family members living and working in the residence.
P R O P O S E D M A R K E T I N G S T R AT E G Y Initial Preparation of the Property
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Take professional photography, including interior, exterior and drone footage Take professional property video or matterport virtual tour Create and professionally print property brochure
Property Launch
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Submit property to MLSpin to reach the local brokerage community Send “Introducing” email to local brokerage community, as well as the Gibson Sotheby’s International Realty network of 350+ agents across Eastern Massachusetts
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Michael & Ashley to reach out to their personal spheres of influence via calls/emails to share the listing Showcase property as a featured listing in the Cohasset and Hingham office windows, as well across all Boston-area office windows to generate broad awareness
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Feature property on Sotheby’s International Realty’s and Gibson Sotheby’s International Realty’s websites Property will be distributed to our global property marketing partners, comprised of the most authoritative news, lifestyle and financial voices such as the New York Times, Juwai.com, Zillow, The Wall Street Journal and many others
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Feature property in a paid Social Media Campaign for an impactful digital experience
On -Going Marketing Efforts
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Showcase the property as Gibson Sotheby’s International Realty’s Home of the Week — to be featured on the brand’s social channels (Facebook, Instagram, Twitter and LinkedIn with a combined reach of 10K+ followers)
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Feature property in an upcoming monthly enewsletter, which will be shared to both Michael & Ashley’s personal sphere of influence
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Nominate for exposure on the Sotheby’s International Realty Social Channels Actively pitch property for local media coverage throughout the South Shore and Greater Boston
Addendum
ON MARKET
ON MARKET
UNDER AGREEMENT
CLOSED(LAST SIX MONTHS)