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Norfolk
14 Shear Street
$499,900
● House - Off Market

14 Shear Street

Norfolk, MA 02056
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$684,731
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Beautiful updated home abutting Mirror Lake neighborhood. Small beach to enjoy along with boating and fishing year-round. This lovely home features an open floor-plan including living room, dining room and fabulous kitchen with white cabinets, granite, and island. (2015). Three large bedrooms, (2014) family/guest bath with radiant floors and a (2019) huge master suite with gorgeous bath and radiant floors. The lower level with a generous (2010) family room and wet bar. The heated (2013)one car garage has plenty of space for work bench, lawnmower, outdoor toys, furniture, and golf cart. (See floor plan) Professionally landscaped yard with new stone wall and walkway.(2012). The Ring security. Roof (2020) Please ask for list of updates.This home is a true gem!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$294
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1965

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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 #72660742)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
May 22, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $499,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Sep 6, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 20,309
  • Total Building Area: 1,428
  • Gross Building Area: 3,562
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACORN CONDO
  • Land Acres: 0000000466
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409101

Geography

  • Account Number: 289-291
  • Parcel: NORF M:0019 B:0066 L:0024
  • Block: 66
  • Lot: 24
  • Municipality: NORFOLK
  • Latitude: 42.0914
  • Longitude: -71.3174

    Address

  • Full Address: 14 Shear St
  • Address - House Number: 14
  • Address - Street Name: Shear
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R005
  • 4-Digit Zip Code: 1528
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $846,500

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 663,093
  • High Value: 763,140
  • Low Value: 563,046

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $543,700
  • Assessed Land Value: $193,700
  • Assessed Improvements Value: $350,000

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76429
  • Previous Sale Recording Date: Sep 06, 2007
  • Previous Sale Amount: $324,450
  • 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:

$757,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2517 ft²

Average Home Age

60.5 years

Currently For Sale

1431 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# 72660742

Frequently Asked Questions

When was property at 14 Shear Street built and last sold?
The property at 14 Shear Street was built in 1965 and last sold on Jul 15, 2020 for $499,900.
How much is this home worth?
The estimated value of the home located at 14 Shear Street is $516,701.
What are some comparable homes to 14 Shear Street?
There are currently no comparable homes to 14 Shear Street.
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