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Norfolk
24 Chipman Ln
$551,000
● House - Off Market

24 Chipman Ln

Stoughton, MA 02072
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,292 Ft²
$1,101,989
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Spectacular contemporary colonial with 1,000 sq ft finished basement with additional bedroom, multi-purpose room, and full bath for in-law. Meticulously maintained with open floor plan, gleaming hardwood floors, master suite w/cathedral ceiling, Jacuzzi bath and steam shower. Huge bedrooms – each with WIC and tons of storage space.  Central vacuum, water purifying system, enormous backyard with new paver patio and built-in fire pit. In a cul-de-sac in premier development.
Unit Size
3,292 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$175
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1999

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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 #71485381)

Price History

Date / Event Date Event Price
Jun 19, 2013 Sold
Premium
Sold
Feb 22, 2013 Listed by Housepad, LLc $574,900
Listed by Housepad, LLc
Nov 15, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,454
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,808
  • Total Building Area: 3,344
  • Gross Building Area: 6,342
  • Building Area: 3,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWS
  • Land Acres: 0000000845
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Stoughton School District
  • School Tax School District: STOUGHTON SD
  • Census Tract: 456402

Zoning

  • Zoning: RC

Geography

  • Account Number: 52_009
  • Parcel: STOU M:0052 B:0009 L:0000
  • Block: 9
  • Municipality: STOUGHTON
  • Latitude: 42.112
  • Longitude: -71.1093

    Address

  • Full Address: 24 Chipman Ln
  • Address - House Number: 24
  • Address - Street Name: Chipman
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Stoughton
  • Carrier Code: C023
  • 4-Digit Zip Code: 5202
  • Zip Code: 02072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $953,100

    Appraisal Valuation

  • Standard Deviation: 0.1469
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 941,122
  • High Value: 1,079,430
  • Low Value: 802,814

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $703,400
  • Assessed Land Value: $224,300
  • Assessed Improvements Value: $479,100

    Sales

  • Current Sale Recording Date: Jun 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000007
  • Previous Sale Recording Date: Nov 15, 2004
  • Previous Sale Amount: $613,000
  • 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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2529 ft²

Average Home Age

60.6 years

Currently For Sale

1465 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# 71485381

Frequently Asked Questions

When was property at 24 Chipman Lane built and last sold?
The property at 24 Chipman Lane was built in 1999 and last sold on Jan 1, 1970 for $551,000.
How much is this home worth?
The estimated value of the home located at 24 Chipman Lane is $622,016.
What are some comparable homes to 24 Chipman Lane?
There are currently no comparable homes to 24 Chipman Lane.
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