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Norfolk 02067
1401 Bay Rd
$649,900
● House - Off Market

1401 Bay Rd

Sharon, MA 02067
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,787 Ft²
$824,806
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Own a piece of Colonial history in this circa 1738 Antique Cape, formerly home to Archippus Drake. Lovingly maintained and modernized for today's lifestyle, yet still loaded with charm and authenticity. Beamed & wood ceilings, ageless wide-pine flooring, 3 brick fireplaces, many original latched doors. Step down into the impressive GREAT ROOM featuring cathedral/skylit/beamed ceiling, entire wall of custom built-ins. Floor plan includes 4 bedrooms, or 3 plus at-home office, updated kitchen and bathrooms. Glass or screened enclosed porch plus Sun Deck overlooks beautiful backyard privacy with panoramic views of the Pond, home to 1 or more Blue Heron for your viewing pleasure. There's more.....enjoy the Greenhouse botanical solarium and your own separate office/hideaway/getaway above the 2-car detached garage.
Unit Size
1,787 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$364
Property Type
House
Property Taxes
$825
HOA Dues
-
Year Built
1738

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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 #72713922)

Price History

Date / Event Date Event Price
Dec 3, 2020 Sold
Premium
Sold
Sep 10, 2020 No longer available -
No longer available
Aug 21, 2020 Listed by Anderson Treacy Real Estate $649,900
Listed by Anderson Treacy Real Estate
Aug 13, 1999 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1738
  • Effective Year Built: 1738
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • 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: 7
  • Basement Area: 286
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 1,787
  • Gross Building Area: 3,086
  • Building Area: 1,787
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,787
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001250
  • 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: 7227
  • District: 266
  • Parcel: SHAR M:065 B:097 L:000
  • Block: 97
  • Municipality: SHARON
  • Latitude: 42.1047
  • Longitude: -71.132

    Address

  • Full Address: 1401 Bay Rd
  • Address - House Number: 1401
  • 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: $1,280,000

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 843,949
  • High Value: 975,425
  • Low Value: 712,474

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $728,100
  • Assessed Land Value: $373,700
  • Assessed Improvements Value: $354,400

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136028
  • Previous Sale Recording Date: Aug 13, 1999
  • Previous Sale Amount: $369,900
  • 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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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 years ago
Data Source: MLS PIN, MLS# 72713922

Frequently Asked Questions

When was property at 1401 Bay Road built and last sold?
The property at 1401 Bay Road was built in 1738 and last sold on Dec 1, 2020 for $649,900.
How much is this home worth?
The estimated value of the home located at 1401 Bay Road is $0.
What are some comparable homes to 1401 Bay Road?
There are currently no comparable homes to 1401 Bay Road.
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