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Norfolk 02035
2 Inman Lane
$388,000
● House - Off Market

2 Inman Lane

Foxboro, MA 02035
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,052 Ft²
$729,250
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Gorgeous home in Summerfield! The largest model set on a private HALF ACRE lot backing up to open space. Beautiful decor throughout features large eat-in kitchen, w/slider to landscaped private stone patio, dining & living room & a vaulted familyroom w/fireplace. Master bath has amazing raised bowl double vanities w/new tile shower, updated 2nd full bath, huge 2nd bedroom, office w/skylights. Professionally landscaped w/additional stonewalled private patio area & horseshoe pits. New roof & more!
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$188
Property Type
House
Property Taxes
$424
HOA Dues
$137
Year Built
1994

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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 #71535571)

Price History

Date / Event Date Event Price
Aug 5, 2013 Sold
Premium
Sold
Jun 3, 2013 Listed by RE/MAX Real Estate Center $385,000
Listed by RE/MAX Real Estate Center
Apr 27, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 20
  • Floor Count: 200
  • 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: 23,337
  • Total Building Area: 2,052
  • Gross Building Area: 3,854
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000536
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Foxborough School District
  • School Tax School District: FOXBORO RGNL
  • Census Tract: 410300

Geography

  • Account Number: 720006161
  • District: 99
  • Parcel: FOXB M:072 L:044
  • Lot: 44
  • Municipality: FOXBORO
  • Latitude: 42.0697
  • Longitude: -71.2026

    Address

  • Full Address: 2 Inman Ln
  • Address - House Number: 2
  • Address - Street Name: Inman
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C015
  • 4-Digit Zip Code: 5209
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $723,700

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 742,693
  • High Value: 870,586
  • Low Value: 614,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $535,700
  • Assessed Land Value: $223,800
  • Assessed Improvements Value: $311,900

    Sales

  • Current Sale Recording Date: Aug 05, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000009
  • Previous Sale Recording Date: Apr 27, 2006
  • Previous Sale Amount: $390,000
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71535571

Frequently Asked Questions

When was property at 2 Inman Lane built and last sold?
The property at 2 Inman Lane was built in 1994 and last sold on Jan 1, 1970 for $388,000.
How much is this home worth?
The estimated value of the home located at 2 Inman Lane is $416,594.
What are some comparable homes to 2 Inman Lane?
There are currently no comparable homes to 2 Inman Lane.
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