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Norfolk 02052
2 Shepherd Ln
$694,000
● House - Off Market

2 Shepherd Ln

Medfield, MA 02052
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,544 Ft²
$1,230,263
RealtyHop Estimate
76.00%
Since Jul 1, 2005
MA-Boston
Primary Model

About This Property

Great 4bdrm COL set on private 40,004 sf lot on a dead end which abuts Maple Leaf Farm (walking trails).Kit. updated with stainless steel appliances & island that looks onto deck.Fireplaced Family room off kit. with skylights,picture window and hdw floor.Lovely front to back LR w/FP & hdw fl.Bonus extra 694 sf fin. basement with windows and walkout to garage not included in gross living area.Fenced garden for veg/flowers in back yard.Great Home for entertaining!
Unit Size
2,544 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$275
Property Type
House
Property Taxes
$679
HOA Dues
-
Year Built
1988

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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 #70154248)

Price History

Date / Event Date Event Price
Jun 3, 2021 Sold
Premium
Sold
Apr 7, 2021 Listed by Medfield Properties, LLP $899,900
Listed by Medfield Properties, LLP
Jun 20, 2005 Sold
Premium
Sold
Mar 7, 2005 Listed by Medfield Properties, LLP $699,000
Listed by Medfield Properties, LLP
Nov 10, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 10
  • 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: 8
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 896
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,006
  • Total Building Area: 2,544
  • Gross Building Area: 4,196
  • Building Area: 2,544
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,544
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406101

Zoning

  • Zoning: RT

Geography

  • Parcel: MEDF M:0072 B:0000 L:0119
  • Lot: 119
  • Municipality: MEDFIELD
  • Latitude: 42.2085
  • Longitude: -71.3254

    Address

  • Full Address: 2 Shepherd Ln
  • Address - House Number: 2
  • Address - Street Name: Shepherd
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Medfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1031
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,321,000

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,113,601
  • High Value: 1,306,398
  • Low Value: 920,804

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $902,300
  • Assessed Land Value: $396,100
  • Assessed Improvements Value: $506,200

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72915
  • Previous Sale Recording Date: Jun 20, 2005
  • Previous Sale Amount: $694,000
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70154248

Frequently Asked Questions

When was property at 2 Shepherd Lane built and last sold?
The property at 2 Shepherd Lane was built in 1988 and last sold on Jun 3, 2021 for $975,000.
How much is this home worth?
The estimated value of the home located at 2 Shepherd Lane is $907,845.
What are some comparable homes to 2 Shepherd Lane?
There are currently no comparable homes to 2 Shepherd Lane.
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