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Norfolk
17 Broad St
$370,000
● House - Off Market

17 Broad St

Medway, MA 02053
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,076 Ft²
$472,994
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Beautifully maintained 2 bedroom 1.5 bath village colonial! This efficient home provides an excellent floor plan with lots of flex space on the first floor, featuring a living room, kitchen, sun room, office, half bath and rear dining room overlooking the patio and fenced in yard. Upstairs offers 2 very nice bedrooms and a large full bath. Outside  is a 1 car detached garage as well as a large shed with great storage space. This wonderful condo alternative is the perfect place to call home! MULTIPLE OFFERS - BEST & FINAL OFFERS DUE BY 5pm Thurs Aug 6th.
Unit Size
1,076 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$325
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1870

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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 #72703239)

Price History

Date / Event Date Event Price
Sep 21, 2020 Sold
Premium
Sold
Aug 3, 2020 Listed by Hayden Rowe Properties $349,900
Listed by Hayden Rowe Properties
Jan 16, 2015 Sold
Premium
Sold
Jun 12, 2014 Listed by Hayden Rowe Properties $269,900
Listed by Hayden Rowe Properties

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 507
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,174
  • Gross Building Area: 1,881
  • Building Area: 1,174
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,174
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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: 408102

Zoning

  • Zoning: VC-E

Geography

  • Account Number: 1B-192
  • Parcel: MEDW M:60 B:210
  • Block: 210
  • Municipality: MEDWAY
  • Latitude: 42.1418
  • Longitude: -71.3982

    Address

  • Full Address: 17 Broad St
  • Address - House Number: 17
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medway
  • Carrier Code: C001
  • 4-Digit Zip Code: 1101
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $592,000

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 508,710
  • High Value: 629,508
  • Low Value: 387,913

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,400
  • Assessed Land Value: $223,400
  • Assessed Improvements Value: $148,000

    Sales

  • Current Sale Contract Date: Sep 17, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99240
  • Previous Sale Recording Date: Jan 16, 2015
  • Previous Sale Amount: $242,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2522 ft²

Average Home Age

60.6 years

Currently For Sale

1420 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# 72703239

Frequently Asked Questions

When was property at 17 Broad Street built and last sold?
The property at 17 Broad Street was built in 1870 and last sold on Sep 17, 2020 for $370,000.
How much is this home worth?
The estimated value of the home located at 17 Broad Street is $355,241.
What are some comparable homes to 17 Broad Street?
There are currently no comparable homes to 17 Broad Street.
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