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Norfolk
17 Lorraine Dr
$450,000
● House - Off Market

17 Lorraine Dr

Stoughton, MA 02072
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,871 Ft²
$490,201
RealtyHop Estimate
22.55%
Since Mar 1, 2021
MA-Boston
Primary Model

About This Property

Back on market due to buyer  losing financing!! The seller is entertaining offers between $400,000 and 450,000!  Check Out This Great Price for a 3 PLUS Bedroom, 2  Bath, Recently Finished LARGE Basement Raised Ranch on a DEAD END Road Near Cobbs Corner (Right Across from Crescent Ridge Ice Cream Perfect for a Treat !!)  This House Boasts Hardwood Floors, Eat-In Kitchen, Large Living Room and Large Back Yard . This  Home needs some TLC and with Some Added Cosmetic Touches you will build EQUITY Fast!!!!  *MUST FOLLOW COVID GUIDELINES WHILE @ PROPERTY* Open house this Wednesday from 5:30 to 7:30!!!
Unit Size
1,871 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$214
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72756055)

Price History

Date / Event Date Event Price
Feb 1, 2021 Sold
Premium
Sold
Nov 11, 2020 Listed by RE/MAX American Dream $400,000
Listed by RE/MAX American Dream

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,202
  • Total Building Area: 1,871
  • Gross Building Area: 2,384
  • Building Area: 1,871
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,871
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY VIEW
  • Land Acres: 0000000349
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Stoughton School District
  • School Tax School District: STOUGHTON SD
  • Census Tract: 456401

Zoning

  • Zoning: RC

Geography

  • Account Number: 2_167
  • Parcel: STOU M:0002 B:0167 L:0000
  • Block: 167
  • Municipality: STOUGHTON
  • Latitude: 42.1277
  • Longitude: -71.1473

    Address

  • Full Address: 17 Lorraine Dr
  • Address - House Number: 17
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Stoughton
  • Carrier Code: C009
  • 4-Digit Zip Code: 3944
  • Zip Code: 02072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $603,100

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 589,934
  • High Value: 690,333
  • Low Value: 489,536

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,100
  • Assessed Land Value: $185,800
  • Assessed Improvements Value: $259,300

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12872
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:

$758,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2497 ft²

Average Home Age

60.6 years

Currently For Sale

1397 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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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72756055

Frequently Asked Questions

When was property at 17 Lorraine Drive built and last sold?
The property at 17 Lorraine Drive was built in 1971 and last sold on Jan 13, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 17 Lorraine Drive is $0.
What are some comparable homes to 17 Lorraine Drive?
There are currently no comparable homes to 17 Lorraine Drive.
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