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Norfolk 02081
2 Edward Dr
$462,500
● House - Off Market

2 Edward Dr

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,749 Ft²
$601,238
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Pride of ownership shows in this beautifully maintained home in the Old Post Road Elementary School district! Located on a cul de sac street among other well maintained properties, this split level home offers a freshly painted interior and exterior, new roof, new 200 amp electrical service, new laminate flooring, new dishwasher, gleaming hardwood floors, new lighting, and new carpet in the lower level. There are two full bathrooms and the owner has recently replaced the toilets, lighting, mirrors, and installed GFCI outlets. This home features wood burning fireplaces in the Living Room and Family Room. Commuter's dream location at just under 2 miles to the Walpole MBTA Commuter Rail Station and only 3.5 miles to I-95. Shown by appointment. Do not miss!!
Unit Size
1,749 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$252
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1967

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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 #72640762)

Price History

Date / Event Date Event Price
Jun 8, 2020 Sold
Premium
Sold
Apr 3, 2020 Listed by Real Living Suburban Lifestyle Real Estate $439,900
Listed by Real Living Suburban Lifestyle Real Estate

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 20,004
  • Total Building Area: 1,170
  • Gross Building Area: 2,409
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411200

Geography

  • Account Number: D060678001
  • District: 307
  • Parcel: WALP M:00026 B:00120 L:00000
  • Block: 120
  • Municipality: WALPOLE
  • Latitude: 42.1492
  • Longitude: -71.2354

    Address

  • Full Address: 2 Edward Dr
  • Address - House Number: 2
  • Address - Street Name: Edward
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Walpole
  • Carrier Code: C011
  • 4-Digit Zip Code: 3613
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $680,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 623,385
  • High Value: 761,502
  • Low Value: 485,269

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,700
  • Assessed Land Value: $283,800
  • Assessed Improvements Value: $230,900

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53126
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# 72640762

Frequently Asked Questions

When was property at 2 Edward Drive built and last sold?
The property at 2 Edward Drive was built in 1967 and last sold on May 29, 2020 for $462,500.
How much is this home worth?
The estimated value of the home located at 2 Edward Drive is $464,317.
What are some comparable homes to 2 Edward Drive?
There are currently no comparable homes to 2 Edward Drive.
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