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Norfolk 02081
2 Lakeview Drive
$490,000
● House - Off Market

2 Lakeview Drive

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,370 Ft²
$642,126
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

DIAMOND IN THE ROUGH!  Location, Location, Location!   Oversized 54 ft Raised Ranch w/2 car garage under.  Attached 10x14 Screen Porch.  Inground Pool, Storage Shed, Fenced Yard.   Very spacious rooms!  LR features brick fireplace and  Fam Rm built in shelving and Woodstove.  Sump pump for precaution.  Seller said newer roof, pool cover, and kitchen appliances.  NOTE:  Unfortunately, home sustained water damage due to burst pipe.  List price  takes into consideration need to rehab.    ATTENTION:  Contractors, Investors.  Take advantage of  exceptional opportunity.  Act now!  Private showings. Do not go on property without confirmed appointment.
Unit Size
2,370 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$190
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72465477)

Price History

Date / Event Date Event Price
Jun 28, 2019 Sold
Premium
Sold
Mar 14, 2019 Listed by RE/MAX Welcome Home $450,000
Listed by RE/MAX Welcome Home
Jun 14, 2002 Sold
Premium
Sold
Oct 17, 2000 Listed by RE/MAX Executive Realty $299,000
Listed by RE/MAX Executive Realty
BEAUTIFUL ESTATE SETTING LOT ON CUL-DE-SAC IN NORTH WALPOLE WITH WATER VIEW OF WILLETT POND. TOWN WATER. SEPTIC NEEDED. LAWYER CERTIFIED BUILDABLE LOT WITH PERC DONE IN 1974 (RESULTS NOT CURRENTLY AVAILABLE)

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 19
  • 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: 40,002
  • Total Building Area: 1,966
  • Gross Building Area: 3,658
  • Building Area: 1,966
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,966
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: A111107009
  • District: 307
  • Parcel: WALP M:00009 B:00028 L:00000
  • Block: 28
  • Municipality: WALPOLE
  • Latitude: 42.1785
  • Longitude: -71.2426

    Address

  • Full Address: 2 Lakeview Dr
  • Address - House Number: 2
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Walpole
  • Carrier Code: R004
  • 4-Digit Zip Code: 2212
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,094,400

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 837,101
  • High Value: 980,796
  • Low Value: 693,406

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $827,800
  • Assessed Land Value: $396,400
  • Assessed Improvements Value: $431,400

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53998
  • Previous Sale Recording Date: Jun 14, 2002
  • Previous Sale Amount: $275,625
  • 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

$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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72465477

Frequently Asked Questions

When was property at 2 Lakeview Drive built and last sold?
The property at 2 Lakeview Drive was built in 1973 and last sold on Jun 28, 2019 for $490,000.
How much is this home worth?
The estimated value of the home located at 2 Lakeview Drive is $487,009.
What are some comparable homes to 2 Lakeview Drive?
There are currently no comparable homes to 2 Lakeview Drive.
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