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Norfolk 02067
1347 Bay Rd
$319,000
● House - Off Market

1347 Bay Rd

Sharon, MA 02067
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,148 Ft²
$628,459
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Motivated Seller!!   Welcome to this delightfully unique ranch style home overlooking a private pond. Scenic sunsets are breathtaking. Beaming hardwood floors, central air conditioning, updated electric, two  garages, upper and lower level, two fireplaces, a walk out basement, and 4 year old septic system.   In law potential.  Approximately 1000 sq ft. of living lower level not included in the GLA.  Selling "as is"
Unit Size
1,148 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$301
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1959

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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 months ago (MLSPIN #71684472)

Price History

Date / Event Date Event Price
Dec 19, 2014 Sold
Premium
Sold
May 15, 2014 Listed by Century 21 C & S Properties $345,000
Listed by Century 21 C & S Properties
Sep 25, 2008 Sold
Premium
Sold
Aug 17, 2008 Listed by Century 21 C & S Properties $289,000
Listed by Century 21 C & S Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • 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: 18
  • 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: 1,148
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,269
  • Total Building Area: 1,148
  • Gross Building Area: 3,130
  • Building Area: 1,148
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,148
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000924
  • 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: 414200

Geography

  • Account Number: 2952
  • District: 266
  • Parcel: SHAR M:075 B:092 L:000
  • Block: 92
  • Municipality: SHARON
  • Latitude: 42.1067
  • Longitude: -71.1322

    Address

  • Full Address: 1347 Bay Rd
  • Address - House Number: 1347
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sharon
  • Carrier Code: C004
  • 4-Digit Zip Code: 2407
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $923,000

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 581,580
  • High Value: 681,595
  • Low Value: 481,564

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,000
  • Assessed Land Value: $360,300
  • Assessed Improvements Value: $164,700

    Sales

  • Current Sale Recording Date: Dec 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112503
  • Previous Sale Recording Date: Sep 25, 2008
  • Previous Sale Amount: $257,900
  • 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

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2583 ft²

Average Home Age

59.8 years

Currently For Sale

1388 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: 4 months ago
Data Source: MLS PIN, MLS# 71684472

Frequently Asked Questions

When was property at 1347 Bay Road built and last sold?
The property at 1347 Bay Road was built in 1959 and last sold on Jan 1, 1970 for $319,000.
How much is this home worth?
The estimated value of the home located at 1347 Bay Road is $351,671.
What are some comparable homes to 1347 Bay Road?
There are currently no comparable homes to 1347 Bay Road.
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