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Norfolk 02052
1 Bishop Lane
Photo of 1 Bishop Lane
Sold on Apr 30, 2010

1

Map

$660,000
● House - Off Market

1 Bishop Lane

Medfield, MA 02052
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,242 Ft²
$1,436,826
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Sparkling 3200 sq ft Cape on the Dover side of town. Acre lot on the cul de sac. Recently updated kitchen with ss appliances,white cabinetry and granite. Huge Bonus Room.  Front and rear staircase.Sunny open foyer.Gracious banquet size formal rms that really let you entertain.Updated baths.Master with Jacuzzi bath and big walk-in. Minutes to the Needham/Boston train, the Kingsbury Club and McCarthy Park.Family room with fireplace.Fresh interior/exterior paint.Great neighborhood.
Unit Size
3,242 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$216
Property Type
House
Property Taxes
$811
HOA Dues
-
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (MLSPIN #71000864)

Price History

Date / Event Date Event Price
Apr 30, 2010 Sold
Premium
Sold
Nov 10, 2009 Listed $699,900
Listed
Jan 15, 2004 Sold
Premium
Sold
Nov 1, 2003 Listed $729,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,280
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,010
  • Total Building Area: 2,816
  • Gross Building Area: 5,391
  • Building Area: 2,816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDFIELD
  • Land Acres: 0000000919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406101

Zoning

  • Zoning: RT

Geography

  • Parcel: MEDF M:0064 B:0000 L:0098
  • Lot: 98
  • Municipality: MEDFIELD
  • Latitude: 42.2023
  • Longitude: -71.3288

    Address

  • Full Address: 1 Bishop Ln
  • Address - House Number: 1
  • Address - Street Name: Bishop
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Medfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1037
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,575,000

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,253,388
  • High Value: 1,454,122
  • Low Value: 1,052,654

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,075,800
  • Assessed Land Value: $440,100
  • Assessed Improvements Value: $635,700

    Sales

  • Current Sale Recording Date: Apr 30, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 39528
  • Previous Sale Recording Date: Jan 15, 2004
  • Previous Sale Amount: $703,000
  • 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:

$754,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71000864

Frequently Asked Questions

When was property at 1 Bishop Lane built and last sold?
The property at 1 Bishop Lane was built in 1990 and last sold on Jan 1, 1970 for $660,000.
How much is this home worth?
The estimated value of the home located at 1 Bishop Lane is $744,910.
What are some comparable homes to 1 Bishop Lane?
There are currently no comparable homes to 1 Bishop Lane.
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