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Norfolk
12 Clover Ln
$285,000
● House - Off Market

12 Clover Ln

Medway, MA 02053
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,194 Ft²
$487,805
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Open house on sat.8/8/15 from 12-1pm and sun 8/9/15 from 12-1pm.  Great home in a family neighorhood with 3 bedrooms,on the 1st floor,with a eating kitchen, dining room, livingroom and enclosed porch.hardwood floors under wall to wall carpet.two more bedrooms in lower level,workshop.large backyard for the kids to play.Town water and town sewer.Homes in this price range go fast.Any and all offers will be presented on Monday.Close to shopping and highways. Medway voted Best Schools in the Boston area in 2014.
Unit Size
1,194 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$230
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1965

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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 #71885599)

Price History

Date / Event Date Event Price
Oct 15, 2015 Sold
Premium
Sold
Aug 6, 2015 Listed by Coldwell Banker Residential Brokerage - Franklin $275,000
Listed by Coldwell Banker Residential Brokerage - Franklin

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 19
  • 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: 1,158
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,278
  • Total Building Area: 1,194
  • Gross Building Area: 3,006
  • Building Area: 1,194
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,194
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000741
  • 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: 408104

Zoning

  • Zoning: ARII

Geography

  • Account Number: 5-120
  • Parcel: MEDW M:21 B:071
  • Block: 71
  • Municipality: MEDWAY
  • Latitude: 42.1613
  • Longitude: -71.4247

    Address

  • Full Address: 12 Clover Ln
  • Address - House Number: 12
  • Address - Street Name: Clover
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Medway
  • Carrier Code: C004
  • 4-Digit Zip Code: 2343
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $730,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 554,309
  • High Value: 653,531
  • Low Value: 455,087

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $458,000
  • Assessed Land Value: $246,100
  • Assessed Improvements Value: $211,900

    Sales

  • Current Sale Recording Date: Oct 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102083
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:

$757,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2512 ft²

Average Home Age

60.7 years

Currently For Sale

1382 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# 71885599

Frequently Asked Questions

When was property at 12 Clover Lane built and last sold?
The property at 12 Clover Lane was built in 1965 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 12 Clover Lane is $290,451.
What are some comparable homes to 12 Clover Lane?
There are currently no comparable homes to 12 Clover Lane.
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