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Norfolk 02052
24 Cole Drive
Photo of 24 Cole Drive
Sold on Jul 25, 2008

1

Map

$1,290,000
● House - Off Market

24 Cole Drive

Medfield, MA 02052
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,300 Ft²
$2,616,404
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

Beautiful 11 room Colonial on 1 1/2 acre's - prof. landscaped(irrigation system- sod lawn- paving stone walk ways & walls- many plantings & trees)Great flr plan- 2 sty foyer- library -1st flr office-huge vaulted ceiling family room- screened porch & deck-gourmet kitchen(6 burner gas cook top,double wall oven with warming tray,compactor,microwave, and 1 1/2 dishwashers), beautiful master suite with exercise room,F.P. whirlpool bath with steam shower,3rd floor incl.s huge playrm, bedrm & bath.
Unit Size
5,300 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$251
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

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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 #70684698)

Price History

Date / Event Date Event Price
Jul 25, 2008 Sold
Premium
Sold
Dec 4, 2007 Listed $1,329,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,022
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,013
  • Total Building Area: 5,075
  • Gross Building Area: 9,192
  • Building Area: 5,075
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,075
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDFIELD
  • Land Acres: 0000001378
  • 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:0018 B:0000 L:0088
  • Lot: 88
  • Municipality: MEDFIELD
  • Latitude: 42.1596
  • Longitude: -71.2831

    Address

  • Full Address: 24 Cole Dr
  • Address - House Number: 24
  • Address - Street Name: Cole
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medfield
  • Carrier Code: R004
  • 4-Digit Zip Code: 3342
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,424,800

    Appraisal Valuation

  • Standard Deviation: 0.1257
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 86
  • Final Value: 2,009,775
  • High Value: 2,262,534
  • Low Value: 1,757,015

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,656,300
  • Assessed Land Value: $489,200
  • Assessed Improvements Value: $1,167,100

    Sales

  • Current Sale Recording Date: Jul 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 71536
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:

$754,950

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# 70684698

Frequently Asked Questions

When was property at 24 Cole Drive built and last sold?
The property at 24 Cole Drive was built in 2007 and last sold on Jan 1, 1970 for $1,290,000.
How much is this home worth?
The estimated value of the home located at 24 Cole Drive is $1,340,497.
What are some comparable homes to 24 Cole Drive?
There are currently no comparable homes to 24 Cole Drive.
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