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Norfolk
10 Lee Lane
$310,000
● House - Off Market

10 Lee Lane

Medway, MA 02053
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,252 Ft²
$622,129
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

ROOMY RANCH IN A GREAT NEIGHBORHOOD. PORCH AND DECK OVERLOOK BEAUTIFUL PRIVATE WOODED LOT, ATTACHED FAMILY ROOM, UPDATED KITCHEN, 2 ROOMS IN FINISHED BASEMENT. HOME WARRANTY INCLUDED. ADDL. 400+ SQ. FT. IN FIN. BASEMENT.
Unit Size
1,252 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$252
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1961

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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 months ago (MLSPIN #70066154)

Price History

Date / Event Date Event Price
Oct 22, 2004 Sold
Premium
Sold
Jul 21, 2004 Listed by Prudential Page Realty $315,400
Listed by Prudential Page Realty
Sep 27, 1999 Sold
Premium
Sold
Aug 4, 1999 Listed by Prudential Page Realty $189,900
Listed by Prudential Page Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,252
  • Gross Building Area: 3,204
  • Building Area: 1,252
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,252
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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: 6-184
  • Parcel: MEDW M:32 B:050
  • Block: 50
  • Municipality: MEDWAY
  • Latitude: 42.1562
  • Longitude: -71.3984

    Address

  • Full Address: 10 Lee Ln
  • Address - House Number: 10
  • Address - Street Name: Lee
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Medway
  • Carrier Code: C003
  • 4-Digit Zip Code: 1724
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $630,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 522,548
  • High Value: 603,480
  • Low Value: 441,617

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,800
  • Assessed Land Value: $235,000
  • Assessed Improvements Value: $160,800

    Sales

  • Current Sale Recording Date: Oct 22, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 27, 1999
  • Previous Sale Amount: $185,000
  • 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:

$755,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2517 ft²

Average Home Age

60.5 years

Currently For Sale

1431 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 months ago
Data Source: MLS PIN, MLS# 70066154

Frequently Asked Questions

When was property at 10 Lee Lane built and last sold?
The property at 10 Lee Lane was built in 1961 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 10 Lee Lane is $324,294.
What are some comparable homes to 10 Lee Lane?
There are currently no comparable homes to 10 Lee Lane.
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