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Norfolk 02067
23 Arboro Drive
$694,500
● House - Off Market

23 Arboro Drive

Sharon, MA 02067
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,280 Ft²
$1,018,944
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

METICULOUSLY MAINTAINED CENTER ENTRANCE COLONIAL ON ONE OF SHARON'S MOST BEAUTIFUL STREETS.  STEPS AWAY FROM LAKE MASSAPOAG .  SUMMER IS COMING - ENJOY THE LAKE  JUST STEPS AWAY FROM YOUR OWN FRONT DOOR.  ORIGINAL OWNERS HAVE TAKEN PRIDE IN THEIR HOME. BEAUTIFUL NEWER KITCHEN INCLUDING BRAND NEW STAINLESS STEEL REFRIGERATOR,  DOUBLE OVEN AND WOLF STOVE TOP.    SEVERAL UPDATES OVER THE YEARS INCLUDING RENOVATED KITCHEN, NEWER ROOF, AIR CONDITIONING, HEATING SYSTEM, NEW FRONT DOOR  AND  NEW WINDOWS.   SOLID WOOD DOORS, FOUR ZONES OF HEAT, FORCED HOT WATER.    WALK TO ALL HOUSES OF WORSHIP, BEAUTIFUL LAKE MASSAPOAG AND COMMUTER TRAIN.  EASY TO SHOW!!!!  MORE PHOTOS AT END OF WEEK IF WEATHER PERMITS!!
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$314
Property Type
House
Property Taxes
$952
HOA Dues
-
Year Built
1979

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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 #72494488)

Price History

Date / Event Date Event Price
Jul 9, 2019 Sold
Premium
Sold
May 5, 2019 Listed by Century 21 C & S Properties $714,900
Listed by Century 21 C & S Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,120
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,007
  • Total Building Area: 2,280
  • Gross Building Area: 4,152
  • Building Area: 2,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sharon School District
  • School Tax School District: SHARON SD
  • Census Tract: 414200

Geography

  • Account Number: 3106
  • District: 266
  • Parcel: SHAR M:072 B:067 L:000
  • Block: 67
  • Municipality: SHARON
  • Latitude: 42.1089
  • Longitude: -71.1705

    Address

  • Full Address: 23 Arboro Dr
  • Address - House Number: 23
  • Address - Street Name: Arboro
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Sharon
  • Carrier Code: C008
  • 4-Digit Zip Code: 2218
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,484,500

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 985,721
  • High Value: 1,155,919
  • Low Value: 815,522

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $844,400
  • Assessed Land Value: $402,000
  • Assessed Improvements Value: $442,400

    Sales

  • Current Sale Contract Date: Jul 06, 2019
  • Current Sale Recording Date: Jul 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56542
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

2622 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# 72494488

Frequently Asked Questions

When was property at 23 Arboro Drive built and last sold?
The property at 23 Arboro Drive was built in 1979 and last sold on Jul 6, 2019 for $694,500.
How much is this home worth?
The estimated value of the home located at 23 Arboro Drive is $736,822.
What are some comparable homes to 23 Arboro Drive?
There are currently no comparable homes to 23 Arboro Drive.
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