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Norfolk 02054
1 Pearl Street
$599,900
● House - Off Market

1 Pearl Street

Millis, MA 02054
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,560 Ft²
$1,018,309
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Welcome home to Hickory Hills, Millis' newest 37 lot subdivision! NEW CONSTRUCTION. "The Glen III" offers a stately (7) room colonial set back off the road. (3) bedrooms, (2.5) baths and expansion options for fourth bedroom. Master Bedroom Suite has a sitting area, a private home office and a his/her double walk in closet  The walk up 3rd floor with dormers for further expansion . Approx. 2,560 sq ft which gives this home an unparalleled value at $599.9K! Hickory Hills is located in historic Millis. Other floor plans, options & lots available. Come take a look and see what Hickory Hills in quaint Millis has to offer. Great schools with language immersion program.
Unit Size
2,560 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$234
Property Type
House
Property Taxes
-
HOA Dues
$70
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 #71933551)

Price History

Date / Event Date Event Price
Jun 12, 2020 Sold
Premium
Sold
May 6, 2020 Listed by ERA Key Realty Services-Bay State Group $667,500
Listed by ERA Key Realty Services-Bay State Group
Jun 10, 2016 Sold
Premium
Sold
Nov 17, 2015 Listed by ERA Key Realty Services-Bay State Group $599,900
Listed by ERA Key Realty Services-Bay State Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: 0
  • 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: 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: 29,185
  • Total Building Area: 2,724
  • Gross Building Area: 5,574
  • Building Area: 2,724
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,724
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000670
  • 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: 407102

Geography

  • Account Number: 31/113
  • Parcel: MILL M:031 B:0000113
  • Block: 113
  • Municipality: MILLIS
  • Latitude: 42.1554
  • Longitude: -71.3709

    Address

  • Full Address: 1 Pearl St
  • Address - House Number: 1
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: MA
  • City Name: Millis
  • Carrier Code: C004
  • 4-Digit Zip Code: 4503
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,186,300

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 888,161
  • High Value: 1,038,322
  • Low Value: 737,999

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $722,500
  • Assessed Land Value: $245,700
  • Assessed Improvements Value: $476,800

    Sales

  • Current Sale Contract Date: Mar 05, 2020
  • Current Sale Recording Date: Jun 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55219
  • Previous Sale Recording Date: Jun 10, 2016
  • Previous Sale Amount: $599,900
  • Previous Sale Document Type: O
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: 5 months ago
Data Source: MLS PIN, MLS# 71933551

Frequently Asked Questions

When was property at 1 Pearl Street built and last sold?
The property at 1 Pearl Street was built in 2015 and last sold on Mar 5, 2020 for $660,000.
How much is this home worth?
The estimated value of the home located at 1 Pearl Street is $707,032.
What are some comparable homes to 1 Pearl Street?
There are currently no comparable homes to 1 Pearl Street.
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