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Norfolk 02081
2 Philip Rd
$375,000
● House - Off Market

2 Philip Rd

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,686 Ft²
$773,794
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

Great North Walpole location on side, cul-de-sac street.  New windows, new septic, newly painted interior, newly finished hardwd flrs. Gas heating, hot water, and cooking.  2 1/2 baths, 2 car under. New carpet in famrm down. Fantastic large, level, rear yard for ball games, pets or gardens. Some up-dating needed, but great up-side and location.  Ist open House Sun 4/29  2:00 - 4:00.
Unit Size
1,686 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$225
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1974

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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 #71374490)

Price History

Date / Event Date Event Price
Jun 28, 2012 Sold
Premium
Sold
Apr 28, 2012 Listed by Century 21 American Properties $379,900
Listed by Century 21 American Properties

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 30,025
  • Total Building Area: 1,286
  • Gross Building Area: 2,585
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Neighborhood

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

Geography

  • Account Number: A121220014
  • District: 307
  • Parcel: WALP M:00013 B:00149 L:00000
  • Block: 149
  • Municipality: WALPOLE
  • Latitude: 42.1684
  • Longitude: -71.2393

    Address

  • Full Address: 2 Philip Rd
  • Address - House Number: 2
  • Address - Street Name: Philip
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Walpole
  • Carrier Code: C009
  • 4-Digit Zip Code: 3911
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $781,300

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 668,739
  • High Value: 775,840
  • Low Value: 561,639

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,000
  • Assessed Land Value: $333,300
  • Assessed Improvements Value: $257,700

    Sales

  • Current Sale Recording Date: Jun 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000007
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

2621 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# 71374490

Frequently Asked Questions

When was property at 2 Philip Road built and last sold?
The property at 2 Philip Road was built in 1974 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 2 Philip Road is $401,114.
What are some comparable homes to 2 Philip Road?
There are currently no comparable homes to 2 Philip Road.
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