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Norfolk 02081
228 Elm Street
Photo of 228 Elm Street
Sold on Apr 2, 2010

1

Map

$255,000
● House - Off Market

228 Elm Street

Walpole, MA 02081
bedrooms
2 Beds
bathrooms
1 Bath
square feet
912 Ft²
$543,814
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Charming 2 bedroom home nestled on .37 acres that is steps from the commuter rail. The moment you walk in you will notice the eye catching fireplace in the spacious Living Room with cut out that opens to a large eat-in KItchen w/ high quality Custom Cabintry, Granite Counters & Stainless Steel appliances. Don't miss the spacious Bedrooms, Gleaming hardwood floors, Family Room in the finished basement w/ Fireplace, fenced yard, & HUGE 2 car detached garage w/ parking for 4 cars in the driveway.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$290
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1956

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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: 5 months ago (MLSPIN #71001003)

Price History

Date / Event Date Event Price
Apr 2, 2010 Sold
Premium
Sold
Nov 12, 2009 Listed $264,900
Listed
Mar 21, 2005 Sold
Premium
Sold
Nov 7, 2004 Listed $309,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 16,500
  • Total Building Area: 912
  • Gross Building Area: 2,001
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: & TURNER ST
  • Land Acres: 0000000379
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411302

Geography

  • Account Number: D050582001
  • District: 307
  • Parcel: WALP M:00025 B:00288 L:00000
  • Block: 288
  • Municipality: WALPOLE
  • Latitude: 42.1498
  • Longitude: -71.261

    Address

  • Full Address: 228 Elm St
  • Address - House Number: 228
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: R004
  • 4-Digit Zip Code: 1904
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $570,800

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 496,104
  • High Value: 584,031
  • Low Value: 408,176

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $431,800
  • Assessed Land Value: $266,900
  • Assessed Improvements Value: $164,900

    Sales

  • Current Sale Recording Date: Apr 02, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 30515
  • Previous Sale Recording Date: Mar 21, 2005
  • Previous Sale Amount: $307,000
  • 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:

$755,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2520 ft²

Average Home Age

61.2 years

Currently For Sale

1467 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71001003

Frequently Asked Questions

When was property at 228 Elm Street built and last sold?
The property at 228 Elm Street was built in 1956 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 228 Elm Street is $276,019.
What are some comparable homes to 228 Elm Street?
There are currently no comparable homes to 228 Elm Street.
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