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Norfolk
23 Skyline Drive
$440,000
● House - Off Market

23 Skyline Drive

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,334 Ft²
$757,812
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Don't miss this great opportunity to live in Medway. A great family neighborhood located on a private cul de sac on an Acre lot. What a great place to raise a family.  4 bedroom Colonial with Farmers Porch, 2.5 baths, and a 2 car attached garage with garage door openers.  New Family room addition in 2002 with cathedral ceiling, hardwood floors and sliders to back yard.  Fireplaced living room with recessed lighting. Large 1st floor office with hardwood floors and lots of light. Formal Dining room with hardwood floors. 1/2 bath was recently updated. 2nd floor laundry area. Master bedroom features walk in closet and full bath. Lots of closet space. Kitchen features hardwood floors, oak cabinets, recessed lighting and under counter lighting.  Call now for an appointment.
Unit Size
2,334 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$188
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1990

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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 #71952751)

Price History

Date / Event Date Event Price
Apr 22, 2016 Sold
Premium
Sold
Jan 27, 2016 Listed by ERA Key Realty Services- Milf $439,900
Listed by ERA Key Realty Services- Milf

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 980
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,083
  • Total Building Area: 2,334
  • Gross Building Area: 3,938
  • Building Area: 2,334
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,334
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SKYVIEW ESTATES
  • Land Acres: 0000001012
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: AR-I

Geography

  • Account Number: Jan 01, 1970
  • Parcel: MEDW M:08 B:028
  • Block: 28
  • Municipality: MEDWAY
  • Latitude: 42.1741
  • Longitude: -71.4206

    Address

  • Full Address: 23 Skyline Dr
  • Address - House Number: 23
  • Address - Street Name: Skyline
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 2429
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $941,100

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 740,154
  • High Value: 864,896
  • Low Value: 615,412

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $590,400
  • Assessed Land Value: $309,400
  • Assessed Improvements Value: $281,000

    Sales

  • Current Sale Recording Date: Apr 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35698
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:

$754,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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# 71952751

Frequently Asked Questions

When was property at 23 Skyline Drive built and last sold?
The property at 23 Skyline Drive was built in 1990 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 23 Skyline Drive is $474,811.
What are some comparable homes to 23 Skyline Drive?
There are currently no comparable homes to 23 Skyline Drive.
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