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Norfolk
245 Main St
$390,000
● House - Off Market

245 Main St

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,724 Ft²
$784,869
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

GREAT PRICE REDUCTION!!  Welcome Home to the Traditional NE Colonial with a Family Friendly Open Floor Plan. Kitchen has updated Countertops & Cabinets. Custom Mud Room was planned for Storage. Hardwood Floors in the DR, FR, LR. 4 Spacious Bedrooms with lots of Light. Screened in Porch is a priceless extention of GLA - perfect for Eating/Entertaining in on Warm Summer Nights.  Lg Pvt Level backyard designed to play on. Close to Schools, Hwy, Trains.  Half way to BOS or PVD.
Unit Size
1,724 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$232
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71507167)

Price History

Date / Event Date Event Price
Jun 28, 2013 Sold
Premium
Sold
Apr 11, 2013 Listed by RE/MAX Real Estate Center $399,900
Listed by RE/MAX Real Estate Center
Jun 30, 2005 Sold
Premium
Sold
Apr 25, 2005 Listed by Beacon Real Estate Professionals $439,900
Listed by Beacon Real Estate Professionals
Picturesque setting with large backyard overlooking pond! Walk to town and train. Replacement windows and slider, new roof 2004. New flooring and appliances in kitchen, updated baths. Fireplaced familyroom, whole house fan, and hookup for generator. Hardwood floors in dining room with sliders to rear deck overlooking private backyard perfect for bird watching! Title V in hand, easy to show. Showings start Saturday, April 30th.
Jul 31, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 49,035
  • Total Building Area: 1,716
  • Gross Building Area: 3,496
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORFOLK
  • Land Acres: 0000001126
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409102

Geography

  • Account Number: 12
  • Parcel: NORF M:0014 B:0040 L:0032
  • Block: 40
  • Lot: 32
  • Municipality: NORFOLK
  • Latitude: 42.1178
  • Longitude: -71.3371

    Address

  • Full Address: 245 Main St
  • Address - House Number: 245
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R009
  • 4-Digit Zip Code: 1306
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $994,600

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 714,097
  • High Value: 834,515
  • Low Value: 593,678

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $638,800
  • Assessed Land Value: $259,400
  • Assessed Improvements Value: $379,400

    Sales

  • Current Sale Recording Date: Jun 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78077
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $390,000
  • 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:

$755,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1463 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# 71507167

Frequently Asked Questions

When was property at 245 Main Street built and last sold?
The property at 245 Main Street was built in 1983 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 245 Main Street is $420,700.
What are some comparable homes to 245 Main Street?
There are currently no comparable homes to 245 Main Street.
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