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Norfolk 02019
Lot 1 Ernie Drive
$305,000
● House - Off Market

Lot 1 Ernie Drive

Bellingham, MA 02019
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$512,988
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Introducing Phase 2  of  "Taft Estates" The perfect blend of location and value in new construction. Have your QUALITY home built in this well thought out cul-de-sac neighborhood. Taft Estates Features ENERGY efficient gas heat with town water and town sewer. Sturdy 2 x 6 construction, 40 year architectural shingles, hardwood flooring, gas fireplace and covered porches are standard features. Three Desirable floor plans to choose from with prices starting at $304,900.  Generous allowances and reasonable upgrades offered. Enjoy the process, pick your plan, make your selections and move into your new home!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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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: 5 months ago (MLSPIN #71912200)

Price History

Date / Event Date Event Price
Dec 5, 2016 Sold
Premium
Sold
Sep 2, 2016 Sold
Premium
Sold
Sep 30, 2015 Listed by Century 21 Commonwealth $304,900
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 778
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,531
  • Total Building Area: 1,496
  • Gross Building Area: 2,529
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443103

Geography

  • Parcel: BELL M:0091 B:0006 L:1010
  • Block: 6
  • Lot: 1010
  • Municipality: BELLINGHAM
  • Latitude: 42.0312
  • Longitude: -71.4856

    Address

  • Full Address: 1 Ernie Dr
  • Address - House Number: 1
  • Address - Street Name: Ernie
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C005
  • 4-Digit Zip Code: 4400
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $590,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 522,696
  • High Value: 618,590
  • Low Value: 426,803

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $459,000
  • Assessed Land Value: $154,700
  • Assessed Improvements Value: $304,300

    Sales

  • Current Sale Recording Date: Sep 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89819
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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2544 ft²

Average Home Age

60.4 years

Currently For Sale

1421 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: 5 months ago
Data Source: MLS PIN, MLS# 71912200

Frequently Asked Questions

When was property at 1 Ernie Drive built and last sold?
The property at 1 Ernie Drive was built in 2015 and last sold on Jan 1, 1970 for $311,675.
How much is this home worth?
The estimated value of the home located at 1 Ernie Drive is $325,865.
What are some comparable homes to 1 Ernie Drive?
There are currently no comparable homes to 1 Ernie Drive.
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