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Norfolk
2 Fairway Drive
$508,000
● House - Off Market

2 Fairway Drive

Canton, MA 02021
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,005,140
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

Ready for you!! This is a large expanded (1990) raised ranch offering; three bedrooms, two and a half baths, two car garage situated on a corner level lot. Easy access to golf course, the commuter rail, and all major routes. Don't miss this one! The first floor offers a lovely fireplaced living room with vaulted ceilings, a proper dining room with sliders to the outside deck, eat-in-kitchen, two nice size bedrooms and a full bath. The second floor boasts a large master suite with full bath, and walk in closet, and loft area. Basement is finished; would be a nice playroom or exercise room, and a half bath. Windows, heating system and central air are just five years old. Quick sale possible!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$221
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1971

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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 #71572503)

Price History

Date / Event Date Event Price
Oct 2, 2013 Sold
Premium
Sold
Aug 21, 2013 Listed by Donahue Real Estate Co. $529,900
Listed by Donahue Real Estate Co.

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,008
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK ESTATES
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Canton School District
  • Census Tract: 415101

Zoning

  • Zoning: SRA

Geography

  • Account Number: 779
  • Parcel: CANT M:5 P:68
  • Municipality: CANTON
  • Latitude: 42.1551
  • Longitude: -71.1678

    Address

  • Full Address: 2 Fairway Dr
  • Address - House Number: 2
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Canton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1806
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $758,100

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 921,390
  • High Value: 1,077,619
  • Low Value: 765,162

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $760,400
  • Assessed Land Value: $355,800
  • Assessed Improvements Value: $404,600

    Sales

  • Current Sale Recording Date: Oct 02, 2013
  • Current Sale Price:
    Premium
  • Current 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# 71572503

Frequently Asked Questions

When was property at 2 Fairway Drive built and last sold?
The property at 2 Fairway Drive was built in 1971 and last sold on Jan 1, 1970 for $508,000.
How much is this home worth?
The estimated value of the home located at 2 Fairway Drive is $560,171.
What are some comparable homes to 2 Fairway Drive?
There are currently no comparable homes to 2 Fairway Drive.
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