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Norfolk 02067
11 Cedrus Rd
$480,000
● House - Off Market

11 Cedrus Rd

Sharon, MA 02067
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,206 Ft²
$626,514
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Price Reduced!!! Beautifully updated and lovingly maintained by current owners. Newer windows, vinyl-sided, remodeled kitchen and bathrooms. Spacious expanded Master bedroom with its own master bathroom + double closets. Country kitchen has slider to access sundeck overlooking level backyard, perfect for playspace and entertaining. Attached 1-car garage + Central A/C +  2 finished rooms in basement + 2 outdoor storage sheds make this home an exceptional value! Located in a neighborhood with no thru traffic and so convenient to local shopping and highway access.
Unit Size
1,206 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$406
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1947

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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 years ago (MLSPIN #72722574)

Price History

Date / Event Date Event Price
Nov 12, 2020 Sold
Premium
Sold
Sep 8, 2020 Listed by RE/MAX Real Estate Center $489,900
Listed by RE/MAX Real Estate Center
Jan 28, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 7
  • Basement Area: 984
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,340
  • Total Building Area: 1,206
  • Gross Building Area: 2,742
  • Building Area: 1,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,206
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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: 414100

Geography

  • Account Number: 8563
  • District: 266
  • Parcel: SHAR M:130 B:018 L:000
  • Block: 18
  • Municipality: SHARON
  • Latitude: 42.1458
  • Longitude: -71.2008

    Address

  • Full Address: 11 Cedrus Rd
  • Address - House Number: 11
  • Address - Street Name: Cedrus
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sharon
  • Carrier Code: C009
  • 4-Digit Zip Code: 1009
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $853,500

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 593,656
  • High Value: 695,391
  • Low Value: 491,920

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,500
  • Assessed Land Value: $308,300
  • Assessed Improvements Value: $177,200

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125654
  • Previous Sale Recording Date: Jan 28, 1993
  • Previous Sale Amount: $143,000
  • 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:

$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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72722574

Frequently Asked Questions

When was property at 11 Cedrus Road built and last sold?
The property at 11 Cedrus Road was built in 1947 and last sold on Nov 9, 2020 for $480,000.
How much is this home worth?
The estimated value of the home located at 11 Cedrus Road is $0.
What are some comparable homes to 11 Cedrus Road?
There are currently no comparable homes to 11 Cedrus Road.
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