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Norfolk
10 Pine Street
$686,000
● House - Off Market

10 Pine Street

Medway, MA 02053
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,446 Ft²
$654,938
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This is your opportunity to own a fully renovated, energy efficient, three bedroom, 2 full bath home with town water and sewer, natural gas fuel, hardwood or tile floors, 10' X 10' deck, terrific back yard and side yard. Yes, new roof, new windows, new heating and air conditioning systems, new plumbing, new electrical, new kitchen, two new baths, first floor laundry, and new driveway!  Walking distance to middle school, two elementary schools and a short distance to shopping. Tennis courts and pickle ball courts are close by. Shuttle bus from Middle School to Norfolk Train Station with service to Boston's South Station Monday thru Friday.
Unit Size
1,446 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$449
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928

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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 #73101905)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 24, 2023 In contract -
In contract
Apr 22, 2023 Listed by Patriot Real Estate, Inc. $649,900
Listed by Patriot Real Estate, Inc.
Dec 1, 2022 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 6
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,142
  • Gross Building Area: 2,272
  • Building Area: 1,142
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,142
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 408102

Zoning

  • Zoning: ARII

Geography

  • Account Number: 1B-178
  • Parcel: MEDW M:60 B:205
  • Block: 205
  • Municipality: MEDWAY
  • Latitude: 42.142
  • Longitude: -71.3996

    Address

  • Full Address: 10 Pine St
  • Address - House Number: 10
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medway
  • Carrier Code: C001
  • 4-Digit Zip Code: 1114
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $580,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 546,112
  • High Value: 640,338
  • Low Value: 451,885

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,000
  • Assessed Land Value: $233,200
  • Assessed Improvements Value: $130,800

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32824
  • Previous Sale Recording Date: Dec 01, 2022
  • Previous Sale Contract Date: Nov 23, 2022
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 35
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

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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# 73101905

Frequently Asked Questions

When was property at 10 Pine Street built and last sold?
The property at 10 Pine Street was built in 1928 and last sold on May 31, 2023 for $686,000.
How much is this home worth?
The estimated value of the home located at 10 Pine Street is $658,447.
What are some comparable homes to 10 Pine Street?
There are currently no comparable homes to 10 Pine Street.
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