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Norwood 02062
16 Worcester Drive
$668,000
● House - Off Market

16 Worcester Drive

Norwood, MA 02062
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,244 Ft²
$882,586
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

This spacious four bedroom beauty with plenty of room for entertaining is perfect for families of all sizes. Feel rested the moment you pull into this circular driveway as you get home from work, or if you prefer you can drive into your attached garage leading to a beautiful newer kitchen with corian countertop. Your friends and family will feel the warmth as you welcome them into the large elegant foyer. Enjoy the spacious first floor with plenty of room to entertain including a Bonus room perfect for sitting and relaxing. Living area does not include the finished basement which offers a theater room, an extra bedroom, as well and another extra room. Gatherings in this house will create memories for life. House also offer central vacuum.
Unit Size
2,244 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$301
Property Type
House
Property Taxes
$611
HOA Dues
-
Year Built
1966

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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 months ago (MLSPIN #72692234)

Price History

Date / Event Date Event Price
Sep 14, 2020 Sold
Premium
Sold
Jul 15, 2020 Listed by Realty World Related Realty Group $675,000
Listed by Realty World Related Realty Group
Sep 28, 2000 Sold
Premium
Sold
Aug 2, 2000 Listed by Realty World Related Realty Group $339,900
Listed by Realty World Related Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 26,271
  • Total Building Area: 2,244
  • Gross Building Area: 4,892
  • Building Area: 2,244
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,244
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000603
  • 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: 413500

Geography

  • Parcel: NORW M:00015 B:00009 L:00814
  • Block: 9
  • Lot: 814
  • Municipality: NORWOOD
  • Latitude: 42.1635
  • Longitude: -71.1939

    Address

  • Full Address: 16 Worcester Dr
  • Address - House Number: 16
  • Address - Street Name: Worcester
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norwood
  • Carrier Code: C024
  • 4-Digit Zip Code: 5451
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $930,700

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 897,914
  • High Value: 1,050,044
  • Low Value: 745,785

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $888,900
  • Assessed Land Value: $407,200
  • Assessed Improvements Value: $481,700

    Sales

  • Current Sale Contract Date: Sep 03, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 95973
  • Previous Sale Recording Date: Sep 28, 2000
  • Previous Sale Amount: $325,000
  • 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 Norwood

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$424

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2187 ft²

Average Home Age

63.8 years

Currently For Sale

39 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 months ago
Data Source: MLS PIN, MLS# 72692234

Frequently Asked Questions

When was property at 16 Worcester Drive built and last sold?
The property at 16 Worcester Drive was built in 1966 and last sold on Sep 3, 2020 for $668,000.
How much is this home worth?
The estimated value of the home located at 16 Worcester Drive is $676,968.
What are some comparable homes to 16 Worcester Drive?
There are currently no comparable homes to 16 Worcester Drive.
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