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Norfolk 02067
23 Old Farm Rd
$495,000
● House - Off Market

23 Old Farm Rd

Sharon, MA 02067
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,990 Ft²
$751,936
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Move in ready, lovingly maintained, 3 bedroom, 2 bath, raised ranch. Situated on a corner lot with a private back yard,  inground pool, patio and a new deck. Hardwood floors throughout main level with exposed brick and beams. Fireplace in livingroom. 3rd bedroom in finished basement along with a familyroom and a bonus room perfect for use as an office or library. Close proximity to Sharon community center.  Close to Lake Massapoag.
Unit Size
1,990 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$255
Property Type
House
Property Taxes
$688
HOA Dues
-
Year Built
1968

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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 #72347691)

Price History

Date / Event Date Event Price
Sep 18, 2018 Sold
Premium
Sold
Jun 18, 2018 Listed by Coldwell Banker Residential Brokerage - Sharon $508,000
Listed by Coldwell Banker Residential Brokerage - Sharon
Feb 9, 2016 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 300
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,818
  • Total Building Area: 1,278
  • Gross Building Area: 2,802
  • Building Area: 1,278
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,278
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000478
  • 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: 5415
  • District: 266
  • Parcel: SHAR M:053 B:016 L:000
  • Block: 16
  • Municipality: SHARON
  • Latitude: 42.0976
  • Longitude: -71.1638

    Address

  • Full Address: 23 Old Farm Rd
  • Address - House Number: 23
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sharon
  • Carrier Code: C007
  • 4-Digit Zip Code: 2731
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,082,000

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 726,651
  • High Value: 838,710
  • Low Value: 614,593

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $615,500
  • Assessed Land Value: $367,800
  • Assessed Improvements Value: $247,700

    Sales

  • Current Sale Recording Date: Sep 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1408733
  • Previous Sale Recording Date: Feb 09, 2016
  • Previous Sale Amount: $50,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72347691

Frequently Asked Questions

When was property at 23 Old Farm Road built and last sold?
The property at 23 Old Farm Road was built in 1968 and last sold on Jan 1, 1970 for $495,000.
How much is this home worth?
The estimated value of the home located at 23 Old Farm Road is $529,572.
What are some comparable homes to 23 Old Farm Road?
There are currently no comparable homes to 23 Old Farm Road.
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