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Norfolk 02067
1361 Bay Road
$330,000
● House - Off Market

1361 Bay Road

Sharon, MA 02067
bedrooms
4 Beds
bathrooms
3 Baths
$937,406
RealtyHop Estimate
184.15%
Since Sep 1, 2000
MA-Boston
Primary Model

About This Property

WONDERFUL L-SHAPED RANCH, COMPLETELY RENOVATED IN 1997. FULLY APPLIANCED PICKLED CABINET KITCHEN, ALL HARDWOOD FLOORS ON BOTH LEVELS, BASEMENT IS ABOVE GRADE WITH ATRIUM DOOR AND LOTS OF WINDOWS, 2 FIREPLACES AND MAHAGONY DECK.
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
House
Property Taxes
$306
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 years ago (MLSPIN #30413114)

Price History

Date / Event Date Event Price
Jun 27, 2003 Sold
Premium
Sold
May 2, 2003 Listed $439,900
Listed
Aug 7, 2000 Sold
Premium
Sold
May 20, 2000 Listed $329,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,072
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 1,688
  • Gross Building Area: 3,990
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • 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: 6341
  • District: 266
  • Parcel: SHAR M:075 B:091 L:000
  • Block: 91
  • Municipality: SHARON
  • Latitude: 42.1062
  • Longitude: -71.1321

    Address

  • Full Address: 1361 Bay Rd
  • Address - House Number: 1361
  • 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: $1,058,000

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 688,298
  • High Value: 798,531
  • Low Value: 578,065

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,800
  • Assessed Land Value: $363,800
  • Assessed Improvements Value: $238,000

    Sales

  • Current Sale Recording Date: Jun 27, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 07, 2000
  • Previous Sale Amount: $330,000
  • 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:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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: 4 years ago
Data Source: MLS PIN, MLS# 30413114

Frequently Asked Questions

When was property at 1361 Bay Road built and last sold?
The property at 1361 Bay Road was built in 1959 and last sold on Jan 1, 1970 for $439,900.
How much is this home worth?
The estimated value of the home located at 1361 Bay Road is $444,566.
What are some comparable homes to 1361 Bay Road?
There are currently no comparable homes to 1361 Bay Road.
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