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Norfolk 02081
24 Heritage Drive
$800,000
● House - Off Market

24 Heritage Drive

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,500 Ft²
$1,162,056
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Offer Accepted - Open House Cancelled .    Impeccably Maintained North Walpole Classic Colonial with opulent heated in-ground pool w/spa & private changing house, exquisite manicured grounds, expansive gardens, and tree lined fenced yard for privacy. An elegantly appointed home featuring 4 bedrooms / 2.5 bathrooms with a vaulted master suite and finished basement. Fantastic custom cabinetry, gleaming hardwood floors, granite in updated kitchen & baths, bright sun room with mahogany flooring, and inviting  family room with fireplace.  This private oasis is convenient to Walpole and Westwood Train stations and offers easy access to all major commuting routes. Updates include: Roof, Boiler, AC, Windows & Doors, Kitchen, Bathrooms, Basement, Sun Room, Heated Pool & Spa, and Irrigation.
Unit Size
3,500 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$224
Property Type
House
Property Taxes
$775
HOA Dues
-
Year Built
1985

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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 #72340822)

Price History

Date / Event Date Event Price
Aug 17, 2018 Sold
Premium
Sold
Jun 6, 2018 Listed by Keller Williams Realty Boston South West $785,000
Listed by Keller Williams Realty Boston South West

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,000
  • Total Building Area: 2,708
  • Gross Building Area: 4,940
  • Building Area: 2,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,708
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWOOD ESTATES
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: A161609016
  • District: 307
  • Parcel: WALP M:00012 B:00115 L:00000
  • Block: 115
  • Municipality: WALPOLE
  • Latitude: 42.1752
  • Longitude: -71.2614

    Address

  • Full Address: 24 Heritage Dr
  • Address - House Number: 24
  • Address - Street Name: Heritage
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Walpole
  • Carrier Code: R001
  • 4-Digit Zip Code: 2240
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,302,200

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,071,796
  • High Value: 1,257,168
  • Low Value: 886,424

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $985,000
  • Assessed Land Value: $411,000
  • Assessed Improvements Value: $574,000

    Sales

  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72931
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

2595 ft²

Average Home Age

59.5 years

Currently For Sale

1358 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# 72340822

Frequently Asked Questions

When was property at 24 Heritage Drive built and last sold?
The property at 24 Heritage Drive was built in 1985 and last sold on Jan 1, 1970 for $800,000.
How much is this home worth?
The estimated value of the home located at 24 Heritage Drive is $833,993.
What are some comparable homes to 24 Heritage Drive?
There are currently no comparable homes to 24 Heritage Drive.
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