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Norfolk
14 Lovers Lane
$286,000
● House - Off Market

14 Lovers Lane

Medway, MA 02053
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,410 Ft²
$533,925
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Charming New England cape style home. Set in a nice neighborhood of similar homes, this home is close to both elementary and middle schools, as well as shopping center and restaurants. Newer, energy efficient windows, asphalt fiberglass roof, and wood stove. Enjoy meals in your large eat-in kitchen complete with granite counter tops and ceramic tile floors and warm radiant heat. Nice size formal dining room. First floor laundry and half bath. Mudroom off the kitchen leads to a stone terrace patio and level, fenced yard. Hardwood flooring throughout the first floor, laminate wood flooring on 2nd floor.Mass save insulation installed.
Unit Size
1,410 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$213
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71798772)

Price History

Date / Event Date Event Price
Jun 19, 2015 Sold
Premium
Sold
Mar 8, 2015 Listed by RE/MAX Executive Realty $299,900
Listed by RE/MAX Executive Realty
Jun 27, 2008 Sold
Premium
Sold
Feb 9, 2008 Listed by RE/MAX Executive Realty $279,900
Listed by RE/MAX Executive Realty
Aug 30, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 652
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,376
  • Gross Building Area: 2,719
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • 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: 408102

Zoning

  • Zoning: ARII

Geography

  • Account Number: 1C-34
  • Parcel: MEDW M:60 B:170
  • Block: 170
  • Municipality: MEDWAY
  • Latitude: 42.1423
  • Longitude: -71.403

    Address

  • Full Address: 14 Lovers Ln
  • Address - House Number: 14
  • Address - Street Name: Lovers
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Medway
  • Carrier Code: C001
  • 4-Digit Zip Code: 1127
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $593,800

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 502,872
  • High Value: 595,417
  • Low Value: 410,328

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,500
  • Assessed Land Value: $235,200
  • Assessed Improvements Value: $137,300

    Sales

  • Current Sale Recording Date: Jun 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55451
  • Previous Sale Recording Date: Jun 27, 2008
  • Previous Sale Amount: $260,500
  • 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:

$754,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2524 ft²

Average Home Age

60.6 years

Currently For Sale

1457 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# 71798772

Frequently Asked Questions

When was property at 14 Lovers Lane built and last sold?
The property at 14 Lovers Lane was built in 1940 and last sold on Jan 1, 1970 for $286,000.
How much is this home worth?
The estimated value of the home located at 14 Lovers Lane is $316,436.
What are some comparable homes to 14 Lovers Lane?
There are currently no comparable homes to 14 Lovers Lane.
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