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Norfolk 02054
1 Teresa Drive
$637,000
● House - Off Market

1 Teresa Drive

Millis, MA 02054
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,200 Ft²
$1,114,070
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

30 DAY DELIVERY! Welcome home to Hickory Hills, Millis' newest 37 lot subdivision!  NEW CONSTRUCTION. The "Orchard II" offers an impressive 10 room colonial set back off the road. This home offers four bedrooms 2.5 baths.  Tried & True floor plan for easy living.  Open concept granite/stainless kitchen with island.  Two car garage. Slider, deck.  Hardwoods /tile/carpet.  Master bath & walk-in closet. Town water and sewer. Approx. 3,200 sq.ft. which gives this home an unparalleled value at $659,900.  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. READY FOR IMMEDIATE DELIVERY
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$206
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: 4 months ago (MLSPIN #71933560)

Price History

Date / Event Date Event Price
Sep 28, 2016 Sold
Premium
Sold
Nov 17, 2015 Listed by ERA Key Realty Services-Bay State Group $659,900
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: 10
  • 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: 30,928
  • Total Building Area: 2,932
  • Gross Building Area: 4,785
  • Building Area: 2,932
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,932
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • 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: 31/112
  • Parcel: MILL M:031 B:0000112
  • Block: 112
  • Municipality: MILLIS
  • Latitude: 42.1563
  • Longitude: -71.3721

    Address

  • Full Address: 1 Teresa Dr
  • Address - House Number: 1
  • Address - Street Name: Teresa
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Millis
  • Carrier Code: C004
  • 4-Digit Zip Code: 4502
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,198,500

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 958,404
  • High Value: 1,120,441
  • Low Value: 796,366

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $729,900
  • Assessed Land Value: $246,500
  • Assessed Improvements Value: $483,400

    Sales

  • Current Sale Recording Date: Sep 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99452
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:

$755,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71933560

Frequently Asked Questions

When was property at 1 Teresa Drive built and last sold?
The property at 1 Teresa Drive was built in 2015 and last sold on Jan 1, 1970 for $637,000.
How much is this home worth?
The estimated value of the home located at 1 Teresa Drive is $702,991.
What are some comparable homes to 1 Teresa Drive?
There are currently no comparable homes to 1 Teresa Drive.
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