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Norfolk
22 Meadow Road
$410,000
● House - Off Market

22 Meadow Road

Medway, MA 02053
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,723 Ft²
$606,326
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

House Beautiful in wonderful town of Medway convenient to shopping and dining. Bright, open sun splashed living room PLUS a first floor cathedral ceiling family room leads to deck. PLUS...Finished area in walk out lower level has another fireplaced family room which is wired for surround sound.  Dining room has nice detail finishes. Gleaming hardwood floor. 2 full bathrooms. Gas heat and hot water. Central air conditioning. Harvey tilt in windows in most of the house. Additional finished office / play room with closet. Convenient location to park and school. This is the one you have been waiting to come on the market.
Unit Size
1,723 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$244
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1966

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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 #72600487)

Price History

Date / Event Date Event Price
Feb 28, 2020 Sold
Premium
Sold
Jan 10, 2020 No longer available -
No longer available
Dec 13, 2019 Listed by Keller Williams Boston MetroWest $420,000
Listed by Keller Williams Boston MetroWest
Aug 31, 2015 Sold
Premium
Sold
Jul 2, 2015 Listed by Keller Williams Boston MetroWest $359,900
Listed by Keller Williams Boston MetroWest

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,236
  • Gross Building Area: 2,461
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 26706A
  • Land Acres: 0000000250
  • 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: ARII

Geography

  • Account Number: 6-50
  • Parcel: MEDW M:40 B:025
  • Block: 25
  • Municipality: MEDWAY
  • Latitude: 42.1523
  • Longitude: -71.4154

    Address

  • Full Address: 22 Meadow Rd
  • Address - House Number: 22
  • Address - Street Name: Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: C003
  • 4-Digit Zip Code: 2021
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $763,500

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 577,388
  • High Value: 677,587
  • Low Value: 477,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,000
  • Assessed Land Value: $286,100
  • Assessed Improvements Value: $192,900

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1441245
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Amount: $339,900
  • 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:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2595 ft²

Average Home Age

59.5 years

Currently For Sale

1358 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# 72600487

Frequently Asked Questions

When was property at 22 Meadow Road built and last sold?
The property at 22 Meadow Road was built in 1966 and last sold on Feb 28, 2020 for $410,000.
How much is this home worth?
The estimated value of the home located at 22 Meadow Road is $439,081.
What are some comparable homes to 22 Meadow Road?
There are currently no comparable homes to 22 Meadow Road.
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