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Norfolk
2 Lilly Street
$330,000
● House - Off Market

2 Lilly Street

Medway, MA 02053
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,414 Ft²
$614,230
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Charming Cape on side street convenient to everything. Level lot offers spacious backyard, 2 sheds, deck, patio, fire pit and plenty of room for play. Kitchen features vaulted ceiling, center island/breakfast nook and wood burning stove to remove winter chills. Full baths up and down with half bath in basement. Formal dining room with hardwood flooring, living room and child's toy room/office/media room round out the first floor. Three bedrooms upstairs. Basement finished with bar, sitting room and playroom. Town Water and Town Sewer. New hot water heater (2012). New furnace (2012). New back roof (2012). Renovated 1st floor bath (2013). Finished basement (2007). Boston Magazine voted Medway one of Best Schools (2013) & one of Best Places to Live (2012). A great place to call Home.
Unit Size
1,414 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$233
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1954

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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 #71719422)

Price History

Date / Event Date Event Price
Sep 25, 2014 Sold
Premium
Sold
Jul 25, 2014 Listed by RE/MAX Executive Realty $330,000
Listed by RE/MAX Executive Realty
May 31, 2005 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,414
  • Gross Building Area: 2,868
  • Building Area: 1,414
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 22
  • Heated Square Feet: 1,414
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408102

Zoning

  • Zoning: ARII

Geography

  • Account Number: 1C-108
  • Parcel: MEDW M:59 B:065
  • Block: 65
  • Municipality: MEDWAY
  • Latitude: 42.14
  • Longitude: -71.4109

    Address

  • Full Address: 2 Lilly St
  • Address - House Number: 2
  • Address - Street Name: Lilly
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medway
  • Carrier Code: R001
  • 4-Digit Zip Code: 1247
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $700,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 576,084
  • High Value: 676,783
  • Low Value: 475,385

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439,400
  • Assessed Land Value: $233,200
  • Assessed Improvements Value: $206,200

    Sales

  • Current Sale Recording Date: Sep 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83020
  • Previous Sale Recording Date: May 31, 2005
  • Previous Sale Amount: $338,000
  • 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:

$754,950

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2583 ft²

Average Home Age

59.8 years

Currently For Sale

1388 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# 71719422

Frequently Asked Questions

When was property at 2 Lilly Street built and last sold?
The property at 2 Lilly Street was built in 1954 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 2 Lilly Street is $347,329.
What are some comparable homes to 2 Lilly Street?
There are currently no comparable homes to 2 Lilly Street.
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