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Norfolk
1 Azalea Dr
$281,000
● House - Off Market

1 Azalea Dr

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,872 Ft²
$650,417
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Spacious 8 room Colonial on acre+ lot in desirable neighborhood in convenient location. Nearby new high school, easy access to Route 495 and Mass Turnpike. Hardwood floor in dining room, fireplaced family room, formal living room and dining room. New pressure treated deck, master bedroom with cathedral ceiling, all bedrooms have ceiling fans, walk-out basement, 2-car under garage, tiled floor in spacious eat-in kitchen and more.  See it today!
Unit Size
1,872 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$155
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #71302414)

Price History

Date / Event Date Event Price
Mar 16, 2012 Sold
Premium
Sold
Oct 19, 2011 Listed by Prudential Page Realty $289,900
Listed by Prudential Page Realty
Jan 19, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,143
  • Total Building Area: 1,872
  • Gross Building Area: 2,928
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREEN ACRES MEDWAY
  • Land Acres: 0000001220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408103

Zoning

  • Zoning: AR-I

Geography

  • Account Number: Jan 01, 1970
  • Parcel: MEDW M:37 B:010
  • Block: 10
  • Municipality: MEDWAY
  • Latitude: 42.154
  • Longitude: -71.4446

    Address

  • Full Address: 1 Azalea Dr
  • Address - House Number: 1
  • Address - Street Name: Azalea
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: R004
  • 4-Digit Zip Code: 6120
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $883,700

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 657,956
  • High Value: 768,845
  • Low Value: 547,068

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,400
  • Assessed Land Value: $294,900
  • Assessed Improvements Value: $259,500

    Sales

  • Current Sale Recording Date: Mar 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Jan 19, 1995
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2530 ft²

Average Home Age

60.8 years

Currently For Sale

1380 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71302414

Frequently Asked Questions

When was property at 1 Azalea Drive built and last sold?
The property at 1 Azalea Drive was built in 1993 and last sold on Jan 1, 1970 for $281,000.
How much is this home worth?
The estimated value of the home located at 1 Azalea Drive is $317,382.
What are some comparable homes to 1 Azalea Drive?
There are currently no comparable homes to 1 Azalea Drive.
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