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Norfolk 02030
17 Farm Street
$2,500,000
● Land - Off Market

17 Farm Street

Dover, MA 02030
bedrooms
Studio
bathrooms
0 Bath
$2,423,415
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Set in a magnificent location, this superb 3 acre elevated parcel is the ideal site to build your dreamhouse or create it by reimagining the existing structures - which include an 8 stall barn and paddocks. One of the most glorious areas in the western suburbs yet just minutes to Wellesley and Dover centers.
Unit Size
-
Days on Market
-
Land Size
3.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1
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: 4 months ago (MLSPIN #73128672)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Sep 8, 2023 In contract -
In contract
Jul 27, 2023 Price Decreased $2,449,000
↓ $116K (4.5%)
Price Decreased
Jul 3, 2023 Price Increased $2,565,000
↑ $116K (4.7%)
Price Increased
Jun 22, 2023 Listed by Douglas Elliman Real Estate - Wellesley $2,449,000
Listed by Douglas Elliman Real Estate - Wellesley
Show More

Property Highlights

Parking Available
Garage

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: 7
  • Basement Area: 1,534
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,789
  • Total Building Area: 3,112
  • Gross Building Area: 5,176
  • Building Area: 3,112
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,112
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003003
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dover School District
  • Census Tract: 405100

Zoning

  • Zoning: R2

Geography

  • Parcel: DOVE M:0010 B:00032 L:0000
  • Block: 32
  • Municipality: DOVER
  • Latitude: 42.2422
  • Longitude: -71.2996

    Address

  • Full Address: 17 Farm St
  • Address - House Number: 17
  • Address - Street Name: Farm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dover
  • Carrier Code: R005
  • 4-Digit Zip Code: 2303
  • Zip Code: 02030

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,345,800

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,803,755
  • High Value: 2,079,861
  • Low Value: 1,527,649

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,227,900
  • Assessed Land Value: $749,300
  • Assessed Improvements Value: $478,600

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63518
  • Previous Sale Recording Date: Sep 13, 2022
  • Previous Sale Contract Date: Sep 12, 2022
  • Previous Sale Amount: $1,950,000
  • 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

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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# 73128672

Frequently Asked Questions

When was property at 17 Farm Street built and last sold?
The property at 17 Farm Street was built in 1983 and last sold on Sep 28, 2023 for $2,500,000.
How much is this home worth?
The estimated value of the home located at 17 Farm Street is $2,473,490.
What are some comparable homes to 17 Farm Street?
There are currently no comparable homes to 17 Farm Street.
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