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Norfolk
1 Sunset Drive
$315,000
● House - Off Market

1 Sunset Drive

Medway, MA 02053
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,844 Ft²
$688,364
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Sprawling Medway Ranch set on a half acre lot. One of a kind featuring many updates... Kitchen, Master Bedroom and Bath, vinyl siding, windows, roof, furnace, 200 AMP electrical service, shed, 2nd full bath and front steps. Hardwood all over.  Two fireplaces (LR and Playroom). Oversized Garage. Huge deck and patio overlooking large, level, fenced backyard. Great for entertaining and play area. Convenient, short walk, to school and shopping. A meticulous, well cared for property. Won't last long.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$173
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
1960

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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 #71396040)

Price History

Date / Event Date Event Price
Sep 14, 2021 Sold
Premium
Sold
Jul 22, 2021 Listed by RE/MAX Executive Realty $494,500
Listed by RE/MAX Executive Realty
Sep 28, 2012 Sold
Premium
Sold
Jun 12, 2012 Listed by RE/MAX Executive Realty $319,000
Listed by RE/MAX Executive Realty
Jul 1, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 6
  • Basement Area: 1,662
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,914
  • Gross Building Area: 4,820
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: ARII

Geography

  • Account Number: 6-338
  • Parcel: MEDW M:31 B:093
  • Block: 93
  • Municipality: MEDWAY
  • Latitude: 42.1569
  • Longitude: -71.4146

    Address

  • Full Address: 1 Sunset Dr
  • Address - House Number: 1
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: C003
  • 4-Digit Zip Code: 2007
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $929,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1524
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 737,873
  • High Value: 850,328
  • Low Value: 625,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $583,400
  • Assessed Land Value: $293,800
  • Assessed Improvements Value: $289,600

    Sales

  • Current Sale Contract Date: Sep 14, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1487127
  • Previous Sale Recording Date: Jan 29, 2010
  • Previous Sale Document Type: 48
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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 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: 4 months ago
Data Source: MLS PIN, MLS# 71396040

Frequently Asked Questions

When was property at 1 Sunset Drive built and last sold?
The property at 1 Sunset Drive was built in 1960 and last sold on Sep 14, 2021 for $640,000.
How much is this home worth?
The estimated value of the home located at 1 Sunset Drive is $534,140.
What are some comparable homes to 1 Sunset Drive?
There are currently no comparable homes to 1 Sunset Drive.
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