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Norfolk 02067
1 Spruce Way
$675,000
● House - Off Market

1 Spruce Way

Sharon, MA 02067
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,980 Ft²
$744,721
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

This is the house you have been waiting for. Location is superb on a kid friendly cul de sac .4 of a mile from Blue ribbon East Elementary School and close to Cobb Corner. Not far from Sharon Middle School and brand new High School being built. Sharon was recently listed as number 12 in the state. So many updates for this loved and well cared for home. Updates include; Sub-Zero refrigerator, Microwave, Gas stove with double oven, New windows. Large Master bedroom closet addition. New front steps, walkway, retaining wall. New landscaping. Master bathroom . Hardwood floors. Home office plus 2 dens. Trex deck. Furnace and tankless hot water heater. Corian kitchen counter. Showings by appointment only
Unit Size
1,980 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$328
Property Type
House
Property Taxes
$903
HOA Dues
-
Year Built
1964

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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: 5 years ago (MLSPIN #72821375)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
Apr 27, 2021 Listed by Compass $650,000
Listed by Compass
Jun 26, 1990 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 456
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,306
  • Total Building Area: 1,524
  • Gross Building Area: 2,940
  • Building Area: 1,524
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKHILL ESTATES SEC 11
  • Land Acres: 0000000742
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sharon School District
  • School Tax School District: SHARON SD
  • Census Tract: 414200

Geography

  • Account Number: 7423
  • District: 266
  • Parcel: SHAR M:084 B:017 L:000
  • Block: 17
  • Municipality: SHARON
  • Latitude: 42.1128
  • Longitude: -71.1523

    Address

  • Full Address: 1 Spruce Way
  • Address - House Number: 1
  • Address - Street Name: Spruce
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Sharon
  • Carrier Code: C007
  • 4-Digit Zip Code: 2325
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,187,700

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 797,852
  • High Value: 920,717
  • Low Value: 674,987

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $675,600
  • Assessed Land Value: $416,800
  • Assessed Improvements Value: $258,800

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92770
  • Previous Sale Recording Date: Jun 26, 1990
  • Previous Sale Amount: $215,000
  • 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:

$757,900

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2497 ft²

Average Home Age

60.6 years

Currently For Sale

1445 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72821375

Frequently Asked Questions

When was property at 1 Spruce Way built and last sold?
The property at 1 Spruce Way was built in 1964 and last sold on Jul 15, 2021 for $675,000.
How much is this home worth?
The estimated value of the home located at 1 Spruce Way is $0.
What are some comparable homes to 1 Spruce Way?
There are currently no comparable homes to 1 Spruce Way.
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