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Norfolk
LOT 11 Tulip Way
$649,900
● House - Off Market

LOT 11 Tulip Way

Medway, MA 02053
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,800 Ft²
$1,618,732
RealtyHop Estimate
149.07%
Since Aug 1, 2002
National-US
Primary Model

About This Property

YOU WILL FIND THIS TRULY UNIQUE FLOOR PLAN IN "GRANITE ESTATES". APPROX. 3800SF OF LIVING SPACE, DRAMATIC ENTRYWAY 1ST FLOOR MASTER. FIREPLACE IN MEDIA RM OR MASTER, HARDWOOD, TILE, OVERSIZED WINDOWS, 3 CAR GARAGE, A/C, ALARM AND MORE!!
Unit Size
3,800 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 #30571140)

Price History

Date / Event Date Event Price
Jul 2, 2002 Sold
Premium
Sold
May 17, 2002 Sold
Premium
Sold
Jan 10, 2002 Listed by Patriot Real Estate, Inc. $649,900
Listed by Patriot Real Estate, Inc.
Apr 19, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,440
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,223
  • Total Building Area: 2,906
  • Gross Building Area: 5,543
  • Building Area: 2,906
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,906
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANITE ESTATES
  • Land Acres: 0000000602
  • 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: 408103

Zoning

  • Zoning: ARII

Geography

  • Account Number: 3-28-005
  • Parcel: MEDW M:65 B:003
  • Block: 3
  • Municipality: MEDWAY
  • Latitude: 42.1362
  • Longitude: -71.462

    Address

  • Full Address: 11 Tulip Way
  • Address - House Number: 11
  • Address - Street Name: Tulip
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Medway
  • Carrier Code: R003
  • 4-Digit Zip Code: 6203
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,162,000

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 929,026
  • High Value: 1,039,907
  • Low Value: 818,146

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $729,000
  • Assessed Land Value: $301,100
  • Assessed Improvements Value: $427,900

    Sales

  • Current Sale Recording Date: May 17, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 086247
  • Previous Sale Recording Date: Apr 19, 2001
  • Previous Sale Amount: $140,000
  • 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:

$755,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1463 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: 5 months ago
Data Source: MLS PIN, MLS# 30571140

Frequently Asked Questions

When was property at 11 Tulip Way built and last sold?
The property at 11 Tulip Way was built in 2001 and last sold on Jan 1, 1970 for $559,900.
How much is this home worth?
The estimated value of the home located at 11 Tulip Way is $699,662.
What are some comparable homes to 11 Tulip Way?
There are currently no comparable homes to 11 Tulip Way.
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