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Norfolk 02081
2 Cobb Terrace
$680,000
● House - Off Market

2 Cobb Terrace

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,612 Ft²
$640,984
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

One floor living on Cul de sac. near Fisher School. This North Walpole classic hip roof ranch boast a cherry and granite kitchen. approx. 20 x 26 ft. with vaulted ceiling, skylights, center island with bar sink, and breakfast bar. There is a separate laundry room with full bath (stall shower), off the kitchen area, Vinyl windows, gas fireplace, 3 bedrooms 2.5 bths on the main level.  All gas home with Central Air, vinyl siding, leaf guards, security system, garage, town water and sewer, Generac automatic generator and two heated rooms plus another half bath in the lower level.  Come and enjoy over a half-acre of yard space.  Easy access to shopping, transportation, walking trails.  Showings start immediately, Seller reserves right to accept offers before first open house.  Masked required for all showings.
Unit Size
1,612 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$372
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1963

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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 #72925478)

Price History

Date / Event Date Event Price
Feb 25, 2022 Sold
Premium
Sold
Dec 6, 2021 Listed by Century 21 American Properties $599,900
Listed by Century 21 American Properties
Oct 27, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 26,086
  • Total Building Area: 1,612
  • Gross Building Area: 3,796
  • Building Area: 1,612
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,612
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000599
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: D030303001
  • District: 307
  • Parcel: WALP M:00018 B:00231 L:00000
  • Block: 231
  • Municipality: WALPOLE
  • Latitude: 42.1613
  • Longitude: -71.2407

    Address

  • Full Address: 2 Cobb Ter
  • Address - House Number: 2
  • Address - Street Name: Cobb
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Walpole
  • Carrier Code: C003
  • 4-Digit Zip Code: 3016
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $763,200

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 694,509
  • High Value: 816,582
  • Low Value: 572,437

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,300
  • Assessed Land Value: $315,700
  • Assessed Improvements Value: $261,600

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17651
  • Previous Sale Recording Date: Jul 30, 2013
  • 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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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: 4 months ago
Data Source: MLS PIN, MLS# 72925478

Frequently Asked Questions

When was property at 2 Cobb Terrace built and last sold?
The property at 2 Cobb Terrace was built in 1963 and last sold on Feb 25, 2022 for $680,000.
How much is this home worth?
The estimated value of the home located at 2 Cobb Terrace is $618,199.
What are some comparable homes to 2 Cobb Terrace?
There are currently no comparable homes to 2 Cobb Terrace.
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