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Norfolk 02081
1775 Washington St
$500,000
● House - Off Market

1775 Washington St

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$496,064
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

Wow!! A house for $500,000 in Walpole?!  Are you willing to put some work into this solid home? Needs cosmetic updates and a flexible buyer.  This home to be sold "as is" with belongings remaining (seller will remove some!) Rent back of 30 days post closing is preferred. Quick closing possible  Where else will you find town water / town sewer / natural gas in a livable 3 bedroom home in Walpole? The serene back yard will take your breath away with a stream at the back corner of the lot and abutting conservation land.  Three sheds for ample storage and basement has the ability to be finished.  Bring your dreams and your vision for this ranch style home in Walpole!  Schedule a private showing today!
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$458
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1960

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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 #73131004)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Aug 28, 2023 In contract -
In contract
Aug 10, 2023 Relisted $500,000
Relisted
Jul 9, 2023 In contract -
In contract
Jun 30, 2023 Listed by Keller Williams Elite $500,000
Listed by Keller Williams Elite
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 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: 29,196
  • Total Building Area: 1,092
  • Gross Building Area: 2,184
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000670
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411101

Geography

  • Account Number: F050520003
  • District: 307
  • Parcel: WALP M:00053 B:00236 L:00000
  • Block: 236
  • Municipality: WALPOLE
  • Latitude: 42.1092
  • Longitude: -71.258

    Address

  • Full Address: 1775 Washington St
  • Address - House Number: 1775
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: R002
  • 4-Digit Zip Code: 2431
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $602,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 511,975
  • High Value: 608,008
  • Low Value: 415,942

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $456,000
  • Assessed Land Value: $289,200
  • Assessed Improvements Value: $166,800

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 67309
  • Previous Sale Recording Date: Oct 13, 2023
  • Previous Sale Contract Date: Oct 13, 2023
  • Previous Sale Amount: $50,000
  • 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:

$755,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2563 ft²

Average Home Age

59.7 years

Currently For Sale

1395 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: 4 months ago
Data Source: MLS PIN, MLS# 73131004

Frequently Asked Questions

When was property at 1775 Washington Street built and last sold?
The property at 1775 Washington Street was built in 1960 and last sold on Oct 13, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 1775 Washington Street is $467,182.
What are some comparable homes to 1775 Washington Street?
There are currently no comparable homes to 1775 Washington Street.
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