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Norfolk
2 Sun Valley Drive
$380,000
● House - Off Market

2 Sun Valley Drive

Medway, MA 02053
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,910 Ft²
$670,132
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Located in a wonderful neighborhood on a large, level lot. This well cared for, 8 room, 2 full bath home has been recently updated and nicely remodeled. Beautiful granite countertops, with ceramic tile backsplash, newer, light oak kitchen cabinets with peninsula, the kitchen is open to the dining area. Glass sliders open to the three season room which overlooks the level, wooded, private back yard. Refinished, gleaming hardwood flooring throughout the first level. Lower level offers a warm fireside family room, good size office with closet, full bath, and separate laundry room. Heating system and central air conditioning are newer. Efficient and comfortable gas heat. Home is ready for immediate delivery.
Unit Size
1,910 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$209
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1970

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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 #72082713)

Price History

Date / Event Date Event Price
Dec 30, 2016 Sold
Premium
Sold
Oct 18, 2016 Listed by RE/MAX Executive Realty $398,300
Listed by RE/MAX Executive Realty
Aug 11, 2016 Sold
Premium
Sold
Aug 3, 2016 Listed by RE/MAX Executive Realty $379,900
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 6
  • Basement Area: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,170
  • Total Building Area: 1,184
  • Gross Building Area: 2,658
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001014
  • 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: 408104

Zoning

  • Zoning: AR-I

Geography

  • Account Number: 6-518
  • Parcel: MEDW M:15 B:047
  • Block: 47
  • Municipality: MEDWAY
  • Latitude: 42.1656
  • Longitude: -71.409

    Address

  • Full Address: 2 Sun Valley Dr
  • Address - House Number: 2
  • Address - Street Name: Sun Valley
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 1907
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $860,400

    Appraisal Valuation

  • Standard Deviation: 0.1516
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 650,797
  • High Value: 749,477
  • Low Value: 552,117

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $539,800
  • Assessed Land Value: $309,400
  • Assessed Improvements Value: $230,400

    Sales

  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 137264
  • Previous Sale Recording Date: Aug 11, 2016
  • Previous Sale Amount: $336,000
  • Previous Sale Document Type: O
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72082713

Frequently Asked Questions

When was property at 2 Sun Valley Drive built and last sold?
The property at 2 Sun Valley Drive was built in 1970 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 2 Sun Valley Drive is $429,100.
What are some comparable homes to 2 Sun Valley Drive?
There are currently no comparable homes to 2 Sun Valley Drive.
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