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Norfolk
2 Heritage Lane
$685,000
● House - Off Market

2 Heritage Lane

Canton, MA 02021
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,607 Ft²
$1,031,409
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

Newer Construction Home in Highly Desirable Ponkapoag Section of Canton.  Conveniently located with easy access to Route 128, 95, and 24.  The home boasts 4 beds, 2.5 baths, open concept kitchen/family room with fireplace, dedicated dining and formal living room, newly added sunroom with direct yard access, 2 car garage and laundry room.  Second level offers a master suite with his & her closets, full bath and vaulted ceiling, 3 generous size bedrooms and full bath. Finished basement perfect for media /excersise room. Meticulously maintained fenced in yard perfect for entertaining. New Anderson Windows, new sealcoat on driveway, 2 HVAC high efficiency units maintained yearly.
Unit Size
2,607 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$268
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1989

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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 #72389010)

Price History

Date / Event Date Event Price
Feb 15, 2019 Sold
Premium
Sold
Sep 5, 2018 Listed by Insight Realty Group, Inc. $699,000
Listed by Insight Realty Group, Inc.
May 30, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 14,985
  • Total Building Area: 2,607
  • Building Area: 2,607
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,607
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Canton School District
  • Census Tract: 415300

Zoning

  • Zoning: SRB

Geography

  • Account Number: 7948
  • Parcel: CANT M:65 P:133
  • Municipality: CANTON
  • Latitude: 42.1882
  • Longitude: -71.1198

    Address

  • Full Address: 2 Heritage Ln
  • Address - House Number: 2
  • Address - Street Name: Heritage
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Canton
  • Carrier Code: C004
  • 4-Digit Zip Code: 1679
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $939,800

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,001,367
  • High Value: 1,171,157
  • Low Value: 831,578

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $942,600
  • Assessed Land Value: $343,100
  • Assessed Improvements Value: $599,500

    Sales

  • Current Sale Contract Date: Feb 15, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11367
  • Previous Sale Recording Date: May 30, 1997
  • Previous Sale Amount: $318,000
  • 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

2622 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# 72389010

Frequently Asked Questions

When was property at 2 Heritage Lane built and last sold?
The property at 2 Heritage Lane was built in 1989 and last sold on Feb 15, 2019 for $682,500.
How much is this home worth?
The estimated value of the home located at 2 Heritage Lane is $730,065.
What are some comparable homes to 2 Heritage Lane?
There are currently no comparable homes to 2 Heritage Lane.
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