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Norfolk
15 Kimberly Dr
$465,000
● House - Off Market

15 Kimberly Dr

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,973 Ft²
$871,228
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Imagine coming home to this charming Tudor Styled home, in this sought after Medway neighborhood.  Discover a back yard large enough to practice soccer, and a deck perfect for entertaining. Finish off a summer stay-cation with marshmallows toasting in the in ground fire pit. When winter sets in, warm by the family room fireplace, while hot cider cooks on the new stove. It is easy to stay involved with the family with the open flow between kitchen and family. 4 generous bedrooms,  updated heat, hot water systems, new windows,newer roof, and new custom built walkway.  This is the retreat from the working world you have been dreaming of. Medway is an award winning community, and top tier schools, add to the whole package.  Don't miss the chance to make this your new home.
Unit Size
1,973 Ft²
Days on Market
-
Land Size
1.26 acres
Price per sqft
$238
Property Type
House
Property Taxes
$588
HOA Dues
-
Year Built
1983

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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: 5 months ago (MLSPIN #71693423)

Price History

Date / Event Date Event Price
Aug 22, 2014 Sold
Premium
Sold
Jun 4, 2014 Listed by Gibson Sotheby's International Realty $469,000
Listed by Gibson Sotheby's International Realty
May 27, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,755
  • Total Building Area: 1,829
  • Gross Building Area: 3,492
  • Building Area: 1,829
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,829
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001257
  • 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: 408104

Zoning

  • Zoning: AR-I

Geography

  • Account Number: 8-46UU
  • Parcel: MEDW M:07 B:046
  • Block: 46
  • Municipality: MEDWAY
  • Latitude: 42.1714
  • Longitude: -71.4326

    Address

  • Full Address: 15 Kimberly Dr
  • Address - House Number: 15
  • Address - Street Name: Kimberly
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 2319
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $939,000

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 744,323
  • High Value: 869,646
  • Low Value: 619,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $589,100
  • Assessed Land Value: $310,600
  • Assessed Improvements Value: $278,500

    Sales

  • Current Sale Recording Date: Aug 22, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72174
  • Previous Sale Recording Date: May 27, 1987
  • Previous Sale Amount: $236,000
  • 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:

$753,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2523 ft²

Average Home Age

60.5 years

Currently For Sale

1450 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# 71693423

Frequently Asked Questions

When was property at 15 Kimberly Drive built and last sold?
The property at 15 Kimberly Drive was built in 1983 and last sold on Jan 1, 1970 for $465,000.
How much is this home worth?
The estimated value of the home located at 15 Kimberly Drive is $492,987.
What are some comparable homes to 15 Kimberly Drive?
There are currently no comparable homes to 15 Kimberly Drive.
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