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Norfolk 02081
11 Independence Dr
$872,000
● House - Off Market

11 Independence Dr

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,624 Ft²
$1,288,667
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

Stunning oversized Cape style home in a prime location!!!  This residence offers 4 Bedrooms, 2 full, 2 1/2 baths,  Home office, Master suite on first floor with New Master bath.  Gorgeous Custom Gourmet Kitchen w/oversized granite island makes it a fantastic home for entertaining!   SS/high end appliances with lots of cabinet space!  Formal Living rm,  Spacious Family room off kitchen along with a screen porch overlooking well manicured grounds adorned with perennials that bloom from May thru Sept.   Recent updates include, new Harvey windows, new roof, freshly prof. painted inside and out, high efficiency boiler.   Basement partially finished w/ tons of storage.  A must see...this home won't last long!
Unit Size
3,624 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$240
Property Type
House
Property Taxes
$1,057
HOA Dues
-
Year Built
1992

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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: 5 months ago (MLSPIN #72303560)

Price History

Date / Event Date Event Price
May 31, 2018 Sold
Premium
Sold
Apr 5, 2018 Listed by William Raveis Prime $869,000
Listed by William Raveis Prime
Jun 26, 1997 Sold
Premium
Sold
Feb 15, 1997 Listed by William Raveis Prime $465,000
Listed by William Raveis Prime

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 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: 40,002
  • Total Building Area: 3,624
  • Gross Building Area: 7,844
  • Building Area: 3,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,624
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWOOD ESTATES
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: A151522002
  • District: 307
  • Parcel: WALP M:00008 B:00016 L:00000
  • Block: 16
  • Municipality: WALPOLE
  • Latitude: 42.1783
  • Longitude: -71.26

    Address

  • Full Address: 11 Independence Dr
  • Address - House Number: 11
  • Address - Street Name: Independence
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Walpole
  • Carrier Code: R001
  • 4-Digit Zip Code: 2265
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,637,800

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,367,430
  • High Value: 1,603,934
  • Low Value: 1,130,927

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,238,900
  • Assessed Land Value: $411,000
  • Assessed Improvements Value: $827,900

    Sales

  • Current Sale Recording Date: May 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44056
  • Previous Sale Recording Date: Jun 26, 1997
  • Previous Sale Amount: $445,000
  • 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:

$755,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2522 ft²

Average Home Age

61.2 years

Currently For Sale

1457 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# 72303560

Frequently Asked Questions

When was property at 11 Independence Drive built and last sold?
The property at 11 Independence Drive was built in 1992 and last sold on Jan 1, 1970 for $872,000.
How much is this home worth?
The estimated value of the home located at 11 Independence Drive is $906,732.
What are some comparable homes to 11 Independence Drive?
There are currently no comparable homes to 11 Independence Drive.
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