For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Norwood 02062
16 Oak Rd
$490,000
● House - Off Market

16 Oak Rd

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$536,540
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

New England Colonial with 2 car garage sitting on a corner lot located in the convenient high school area.  This home needs work & TLC.  Great investment opportunity with sweat equity put in.  SOLD AS IS!  This home offers high ceilings.   3 Bedrooms up plus another small room/office with a walk up to attic. Kitchen with gas range and half bath/laundry with ceramic tile done  2013.  Front porch 7x19.6 offers nice area to relax in the sun.  Windows, gas boiler, roof and replacement windows done approx. in 2011-12.  Newer water tank.m.  Ready to update and make your changes.  Unfinished basement also has laundry hookups.  Open House 12-2pm 11/6.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$333
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1920

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #73055525)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Nov 8, 2022 In contract -
In contract
Nov 4, 2022 Listed by McNulty REALTORS® $499,000
Listed by McNulty REALTORS®
Sep 19, 2012 Sold
Premium
Sold
Sep 5, 2012 Listed by McNulty REALTORS® $295,000
Listed by McNulty REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 7,061
  • Total Building Area: 1,450
  • Gross Building Area: 3,064
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413401

Geography

  • Parcel: NORW M:00002 B:00028 L:00006
  • Block: 28
  • Lot: 6
  • Municipality: NORWOOD
  • Latitude: 42.1895
  • Longitude: -71.2105

    Address

  • Full Address: 16 Oak Rd
  • Address - House Number: 16
  • Address - Street Name: Oak
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C021
  • 4-Digit Zip Code: 2040
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $603,900

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 636,144
  • High Value: 747,460
  • Low Value: 524,828

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,800
  • Assessed Land Value: $307,200
  • Assessed Improvements Value: $269,600

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105627
  • Previous Sale Recording Date: Sep 19, 2012
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: O
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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$415

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2251 ft²

Average Home Age

58.4 years

Currently For Sale

45 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# 73055525

Frequently Asked Questions

When was property at 16 Oak Road built and last sold?
The property at 16 Oak Road was built in 1920 and last sold on Dec 16, 2022 for $490,000.
How much is this home worth?
The estimated value of the home located at 16 Oak Road is $501,655.
What are some comparable homes to 16 Oak Road?
There are currently no comparable homes to 16 Oak Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Norwood Homes for Sale
Norwood Houses for Sale
Norwood Condos for Sale
Norwood Multifamily for Sale
Norwood Land for Sale
Norwood Commercial for Sale
Norwood Homes with Basements
Norwood Homes with Pools
Nearby Cities
Needham Homes for Sale
Dedham Homes for Sale
Milton Homes for Sale
Walpole Homes for Sale
Medfield Homes for Sale
Sharon Homes for Sale
Dover Homes for Sale
Nearby Property Records
Norfolk County, MA Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Providence County, RI Property Records
Bristol County, MA Property Records
Plymouth County, MA Property Records
Bristol County, RI Property Records
Worcester County, MA Property Records
Neighborhoods
Metropolitan Hill - Beach Street Real Estate
Upper Washington - Spring Street Real Estate
West Street - River Street Real Estate
Oakdale Real Estate
Stony Brook - Cleary Square Real Estate
Fairmount Hills Real Estate
East Dedham Real Estate
Riverdale Real Estate
Nearby Counties
Needham Homes for Sale
Stoughton Homes for Sale
Dedham Homes for Sale
Walpole Homes for Sale
Canton Homes for Sale
Milton Homes for Sale
Sharon Homes for Sale
Westwood Homes for Sale
Top Real Estate Agents
Top Agents in Norwood
Top Agents in Needham
Top Agents in Needham
Top Agents in Stoughton
Top Agents in Dedham
Top Agents in Dedham
Top Agents in 02026
Top Agents in Walpole