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Norfolk 02067
16 Margaret Road
$295,000
● House - Off Market

16 Margaret Road

Sharon, MA 02067
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$782,696
RealtyHop Estimate
152.56%
Since Jul 1, 2001
MA-Boston
Primary Model

About This Property

WONDERFUL NEIGHBORHOOD OFF BAY RD END OF TOWN. L SHAPED RANCH HAS BEEN EXPANDED TO INCLUDE A FAMILY ROOM. HDWD FL, FIREPLACED FAMRM, FIN BSMT PLUS 2 CAR GARAGE UNDER. GREAT LEVEL BACKYARD.
Unit Size
-
Days on Market
-
Land Size
0.38 acres
Price per sqft
-
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1954

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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 #30491143)

Price History

Date / Event Date Event Price
Jun 15, 2001 Sold
Premium
Sold
Apr 3, 2001 Listed $309,900
Listed

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 840
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,500
  • Total Building Area: 1,650
  • Gross Building Area: 3,258
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: QUEEN ACRES DEV
  • Land Acres: 0000000379
  • 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: 616
  • District: 266
  • Parcel: SHAR M:075 B:051 L:000
  • Block: 51
  • Municipality: SHARON
  • Latitude: 42.1103
  • Longitude: -71.1361

    Address

  • Full Address: 16 Margaret Rd
  • Address - House Number: 16
  • Address - Street Name: Margaret
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sharon
  • Carrier Code: C004
  • 4-Digit Zip Code: 2420
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $946,900

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 624,612
  • High Value: 724,645
  • Low Value: 524,578

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $538,600
  • Assessed Land Value: $339,200
  • Assessed Improvements Value: $199,400

    Sales

  • Current Sale Recording Date: Jun 15, 2001
  • Current Sale Price:
    Premium
  • Current 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:

$755,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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

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Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30491143

Frequently Asked Questions

When was property at 16 Margaret Road built and last sold?
The property at 16 Margaret Road was built in 1954 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 16 Margaret Road is $0.
What are some comparable homes to 16 Margaret Road?
There are currently no comparable homes to 16 Margaret Road.
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