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Norfolk 02054
1 Evergreen Terrace
Photo of 1 Evergreen Terrace
Sold on Dec 10, 2010

1

Map

$599,900
● House - Off Market

1 Evergreen Terrace

Millis, MA 02054
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,866 Ft²
$1,262,045
RealtyHop Estimate
110.38%
Since Jan 1, 2011
MA-Boston
Primary Model

About This Property

New Construction on Millis-Sherborn line. Great investment opportunity to purchase in prestigious "Southend Farm". 4 Homes to be built in Phase I. This first home at the introductory price of only $599,900! 2866 SF, gourmet Kitchen,with mud room and pantry area, gas fireside Family Room, spacious bedrooms, & economical gas heat! HardiePlank™ Lab Siding comes w/50-year transferable warranty (see website for more info). Tranquil setting! Vista views! Call for more info. Plans & specs on website.
Unit Size
2,866 Ft²
Days on Market
-
Land Size
1.46 acres
Price per sqft
$209
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011

Payment Calculator

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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: 2 years ago (MLSPIN #71030628)

Price History

Date / Event Date Event Price
May 3, 2021 Sold
Premium
Sold
Jan 11, 2021 Listed by Era Bay State Realty $799,000
Listed by Era Bay State Realty
Dec 10, 2010 Sold
Premium
Sold
Feb 10, 2010 Listed by Era Bay State Realty $599,900
Listed by Era Bay State Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • 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: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,598
  • Total Building Area: 2,753
  • Gross Building Area: 5,164
  • Building Area: 2,753
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,753
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407101

Geography

  • Account Number: 1039
  • Parcel: MILL M:009 B:0000028
  • Block: 28
  • Municipality: MILLIS
  • Latitude: 42.1926
  • Longitude: -71.3604

    Address

  • Full Address: 1 Evergreen Ter
  • Address - House Number: 1
  • Address - Street Name: Evergreen
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Millis
  • Carrier Code: R001
  • 4-Digit Zip Code: 1059
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,390,800

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 1,081,417
  • High Value: 1,262,711
  • Low Value: 900,122

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $847,000
  • Assessed Land Value: $312,100
  • Assessed Improvements Value: $534,900

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57826
  • Previous Sale Recording Date: Dec 10, 2010
  • Previous Sale Amount: $599,900
  • 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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

60.2 years

Currently For Sale

1428 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: 2 years ago
Data Source: MLS PIN, MLS# 71030628

Frequently Asked Questions

When was property at 1 Evergreen Terrace built and last sold?
The property at 1 Evergreen Terrace was built in 2011 and last sold on Apr 28, 2021 for $840,000.
How much is this home worth?
The estimated value of the home located at 1 Evergreen Terrace is $824,324.
What are some comparable homes to 1 Evergreen Terrace?
There are currently no comparable homes to 1 Evergreen Terrace.
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