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Norfolk 02054
114 Norfolk Road
$500,000
● House - Off Market

114 Norfolk Road

Millis, MA 02054
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$2,456
Est. Monthly

About This Property

NEW CONSTRUCTION**BRING ALL OFFERS!!!Being sold finished or As Is**9'CEILINGS** Still time to add your own touch*Custom Expanded Cape nestled on a private 2 Acre+ Lot*Beautiful Open Foyer*FF Master,Granite Counter & Whirlpool Tub*Cust.Kit w/Island & Granite Counters*Large Open FMRM w/Gas FP*Sec Fl Loft/Library w/Gas FP*Walk-out Basement w/Sliders for Future FMRM*Overlooking a Scenic Country Meadow . .A Nature Lover's Dream!!! Seller will consider offers between $500-$550, but bring all offers!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
2.16 acres
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

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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: 2 years ago (MLSPIN #70711069)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Oct 15, 2021 Listed $780,000
Listed
Nov 30, 2020 Sold
Premium
Sold
Sep 30, 2020 Listed $689,900
Listed
Aug 16, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 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: 116,741
  • Total Building Area: 2,827
  • Gross Building Area: 5,304
  • Building Area: 2,827
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,827
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002680
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Account Number: 39/070
  • Parcel: MILL M:039 B:0000070
  • Block: 70
  • Municipality: MILLIS
  • Latitude: 42.1492
  • Longitude: -71.3524

    Address

  • Full Address: 114 Norfolk Rd
  • Address - House Number: 114
  • Address - Street Name: Norfolk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Millis
  • Carrier Code: R007
  • 4-Digit Zip Code: 1724
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,404,700

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 975,875
  • High Value: 1,140,136
  • Low Value: 811,615

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $855,500
  • Assessed Land Value: $232,100
  • Assessed Improvements Value: $623,400

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 151311
  • Previous Sale Recording Date: Nov 30, 2020
  • Previous Sale Contract Date: Nov 23, 2020
  • Previous Sale Amount: $715,000
  • Previous Sale Document Type: O
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 70711069

Frequently Asked Questions

When was property at 114 Norfolk Road built and last sold?
The property at 114 Norfolk Road was built in 2005 and last sold on Dec 1, 2021 for $795,000.
How much is this home worth?
The estimated value of the home located at 114 Norfolk Road is $0.
What are some comparable homes to 114 Norfolk Road?
There are currently no comparable homes to 114 Norfolk Road.
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