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Norfolk 02054
23 Cedar Street
$245,000
● House - Off Market

23 Cedar Street

Millis, MA 02054
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,144 Ft²
$712,838
RealtyHop Estimate
174.27%
Since Jun 1, 2001
National-US
Primary Model

About This Property

BEAUT.RANCH ON LEVEL ACRE LOT.DEAD END STREET.1 CAR GARAGE GREAT FENCED YARD FOR CHILDREN OR PETS.HARDWOOD FLOORS.EAT IN KITCHEN.FIREPLACED LIV.RM.3 SEASON PORCH.A GARDENER'S DELIGHT W/TREES&FLOWERS.CALL LUCIA OLSEN OR GINNY OLSEN
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$227
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1969

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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 years ago (MLSPIN #30480436)

Price History

Date / Event Date Event Price
May 21, 2001 Sold
Premium
Sold
Feb 22, 2001 Listed by RE/MAX Executive Realty $259,900
Listed by RE/MAX Executive Realty
Sep 26, 1996 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 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: 41,382
  • Total Building Area: 1,552
  • Gross Building Area: 3,018
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:031 B:0000054
  • Block: 54
  • Municipality: MILLIS
  • Latitude: 42.1577
  • Longitude: -71.3769

    Address

  • Full Address: 23 Cedar St
  • Address - House Number: 23
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Millis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1417
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $666,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 537,269
  • High Value: 620,481
  • Low Value: 454,058

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,700
  • Assessed Land Value: $192,400
  • Assessed Improvements Value: $213,300

    Sales

  • Current Sale Recording Date: May 21, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 26, 1996
  • Previous Sale Amount: $150,000
  • 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

$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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30480436

Frequently Asked Questions

When was property at 23 Cedar Street built and last sold?
The property at 23 Cedar Street was built in 1969 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 23 Cedar Street is $0.
What are some comparable homes to 23 Cedar Street?
There are currently no comparable homes to 23 Cedar Street.
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