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Norfolk 02081
23 Frontier Drive
$440,000
● Land - Off Market

23 Frontier Drive

Walpole, MA 02081
bedrooms
Studio
bathrooms
0 Bath
$647,706
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

Build your dream home in one of North Walpole's most desirable sub-divisions!  Don't miss this opportunity to purchase a beautiful wooded lot on a quiet cul de sac in an established neighborhood.  Just steps to Adams Farm.  Beautiful rural setting, yet close to commuter station, town center and highways.  Underground utilities, town water and sewer.
Unit Size
-
Days on Market
-
Land Size
0.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
$382
HOA Dues
-
Year Built
2020

Payment Calculator

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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 #72602031)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
Feb 21, 2020 Sold
Premium
Sold
Dec 20, 2019 Listed by Boston Connect Real Estate $460,000
Listed by Boston Connect Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 40,000
  • Total Building Area: 4,535
  • Gross Building Area: 8,048
  • Building Area: 4,535
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,535
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: A15-1519-001
  • District: 307
  • Parcel: WALP M:00008 B:00018 L:00003
  • Block: 18
  • Lot: 3
  • Municipality: WALPOLE
  • Latitude: 42.1809
  • Longitude: -71.2588

    Address

  • Full Address: 23 Frontier Dr
  • Address - House Number: 23
  • Address - Street Name: Frontier
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Walpole
  • Carrier Code: R001
  • 4-Digit Zip Code: 2268
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,825,700

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,619,621
  • High Value: 1,879,009
  • Low Value: 1,360,234

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,381,000
  • Assessed Land Value: $425,700
  • Assessed Improvements Value: $955,300

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123253
  • Previous Sale Recording Date: Feb 21, 2020
  • Previous Sale Contract Date: Feb 21, 2020
  • Previous Sale Amount: $440,000
  • 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:

$750,000

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72602031

Frequently Asked Questions

When was property at 23 Frontier Drive built and last sold?
The property at 23 Frontier Drive was built in 2020 and last sold on Nov 4, 2020 for $1,399,557.
How much is this home worth?
The estimated value of the home located at 23 Frontier Drive is $464,600.
What are some comparable homes to 23 Frontier Drive?
There are currently no comparable homes to 23 Frontier Drive.
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