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Norfolk 02030
1 Shady Lane
$975,000
● House - Off Market

1 Shady Lane

Dover, MA 02030
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,264 Ft²
$1,877,242
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model

About This Property

***EXCEPTIONAL VALUE***WONDERFUL COLONIAL in TUBWRECK ESTATES NEIGHBORHOOD, TWO ACRES of BEAUTIFUL GROUNDS, EIK, FIREPLACED FINISHED LOWER LEVEL, LOVELY FOUR SEASON SUN ROOM, EXPANSION POTENTIAL.
Unit Size
4,264 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$233
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
1965

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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: 4 months ago (MLSPIN #70023252)

Price History

Date / Event Date Event Price
May 3, 2021 Sold
Premium
Sold
Mar 15, 2021 Listed by Coldwell Banker Residential Brokerage - Wellesley - Washington St. $1,299,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Washington St.
Jun 16, 2004 Sold
Premium
Sold
Apr 23, 2004 Listed by Coldwell Banker Residential Brokerage - Wellesley - Washington St. $995,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Washington St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 7
  • Basement Area: 1,268
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 4,264
  • Gross Building Area: 7,601
  • Building Area: 4,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 4,264
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dover School District
  • Census Tract: 405100

Zoning

  • Zoning: R2

Geography

  • Parcel: DOVE M:0023 B:00134 L:0000
  • Block: 134
  • Municipality: DOVER
  • Latitude: 42.2175
  • Longitude: -71.2632

    Address

  • Full Address: 1 Shady Ln
  • Address - House Number: 1
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dover
  • Carrier Code: R003
  • 4-Digit Zip Code: 1809
  • Zip Code: 02030

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,758,000

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,889,486
  • High Value: 2,178,449
  • Low Value: 1,600,523

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,604,000
  • Assessed Land Value: $775,900
  • Assessed Improvements Value: $828,100

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57798
  • Previous Sale Recording Date: Jun 16, 2004
  • Previous Sale Amount: $975,000
  • 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:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70023252

Frequently Asked Questions

When was property at 1 Shady Lane built and last sold?
The property at 1 Shady Lane was built in 1965 and last sold on May 3, 2021 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 1 Shady Lane is $1,300,370.
What are some comparable homes to 1 Shady Lane?
There are currently no comparable homes to 1 Shady Lane.
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