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Norfolk 02052
23 Lee Road
$729,000
● House - Off Market

23 Lee Road

Medfield, MA 02052
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,200 Ft²
$1,215,488
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Looking long and hard for the perfect place to call home? Take a look at this handsome Colonial set on a private acre plus lot in an awesome neighborhood.Lots of space and lots of updates.Some highlights include:a young roof,all new exterior siding and fresh exterior stain,new custom kitchen,new half bath,remodeled walk out basement with a playroom,an office and a large storage room,replacement windows,a picture perfect screened porch,hardwood floors,gracious formal rooms for entertaining,a large foyer with double closets,a generous master with full bath and walk in closet,big bedrooms,three fireplaces and a ( 22x14) front to back family room with built ins.Hard to resist!
Unit Size
3,200 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$228
Property Type
House
Property Taxes
$831
HOA Dues
-
Year Built
1970

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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 #72044638)

Price History

Date / Event Date Event Price
Sep 12, 2016 Sold
Premium
Sold
Jul 28, 2016 Listed by Berkshire Hathaway HomeServices Page Realty $729,900
Listed by Berkshire Hathaway HomeServices Page Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,348
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,870
  • Total Building Area: 2,388
  • Gross Building Area: 4,625
  • Building Area: 2,388
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,388
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001283
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406102

Zoning

  • Zoning: RT

Geography

  • Parcel: MEDF M:0004 B:0000 L:0050
  • Lot: 50
  • Municipality: MEDFIELD
  • Latitude: 42.1525
  • Longitude: -71.2969

    Address

  • Full Address: 23 Lee Rd
  • Address - House Number: 23
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 3203
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,280,100

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,058,836
  • High Value: 1,243,568
  • Low Value: 874,105

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $874,400
  • Assessed Land Value: $460,700
  • Assessed Improvements Value: $413,700

    Sales

  • Current Sale Recording Date: Sep 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92224

    Financing

  • First Mortgage Financing Type: ADJ
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:

$755,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2517 ft²

Average Home Age

60.5 years

Currently For Sale

1431 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: 5 months ago
Data Source: MLS PIN, MLS# 72044638

Frequently Asked Questions

When was property at 23 Lee Road built and last sold?
The property at 23 Lee Road was built in 1970 and last sold on Jan 1, 1970 for $729,000.
How much is this home worth?
The estimated value of the home located at 23 Lee Road is $769,189.
What are some comparable homes to 23 Lee Road?
There are currently no comparable homes to 23 Lee Road.
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