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Norton Center 02766
1 Cherry Tree Dr
$490,000
● House - Off Market

1 Cherry Tree Dr

Norton, MA 02766
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,863 Ft²
$928,629
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

After work Open House, Friday, 6/6 from 5:00-6:30 PM. Beautifully maintained Colonial situated in desirable Norton subdivision. This tastefully decorated home features attractive architectural detail including dramatic columns and wainscoting. Bright and inviting kitchen offers generous white cabinetry and granite counters. Family Room with gas field stone fireplace. Hardwood flooring with decorative inlay. Relaxing Master Bedroom Suite with Spa bath, coffered ceiling, private office and multiple closets. Three other spacious bedrooms complete the second floor. Finished lower level offers spacious playroom for family or entertaining. Enjoy the summer months from the deck in the private fenced yard, or relax in the hot tub at the end of a long day.
Unit Size
2,863 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$175
Property Type
House
Property Taxes
$543
HOA Dues
-
Year Built
1998

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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 #71671359)

Price History

Date / Event Date Event Price
Aug 27, 2014 Sold
Premium
Sold
Apr 29, 2014 Listed by Monarch Realty Group, LLC $499,900
Listed by Monarch Realty Group, LLC
Jan 31, 2005 Sold
Premium
Sold
Oct 19, 2004 Listed by Monarch Realty Group, LLC $599,900
Listed by Monarch Realty Group, LLC
Jan 30, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 42,602
  • Total Building Area: 2,863
  • Gross Building Area: 5,575
  • Building Area: 2,863
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,863
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000978
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norton School District
  • School Tax School District: NORTON SD
  • Census Tract: 611102

Zoning

  • Zoning: R60

Geography

  • Account Number: 7736
  • District: 218
  • Parcel: NORT M:10 P:595
  • Municipality: NORTON
  • Latitude: 41.9807
  • Longitude: -71.1766

    Address

  • Full Address: 1 Cherry Tree Dr
  • Address - House Number: 1
  • Address - Street Name: Cherry Tree
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norton
  • Carrier Code: R026
  • 4-Digit Zip Code: 2330
  • Zip Code: 02766

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $975,500

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 872,410
  • High Value: 1,026,981
  • Low Value: 717,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $753,300
  • Assessed Land Value: $215,100
  • Assessed Improvements Value: $538,200

    Sales

  • Current Sale Recording Date: Aug 27, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29363
  • Previous Sale Recording Date: Jan 31, 2005
  • Previous Sale Amount: $595,000
  • 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 Norton Center

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$313

Above Asking

0.00%

Average Days on Market

37

Average Home Size

2208 ft²

Average Home Age

102.5 years

Currently For Sale

2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71671359

Frequently Asked Questions

When was property at 1 Cherry Tree Drive built and last sold?
The property at 1 Cherry Tree Drive was built in 1998 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 1 Cherry Tree Drive is $531,244.
What are some comparable homes to 1 Cherry Tree Drive?
There are currently no comparable homes to 1 Cherry Tree Drive.
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