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Norfolk 02081
249 Elm Street
$302,500
● House - Off Market

249 Elm Street

Walpole, MA 02081
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,094 Ft²
$667,615
RealtyHop Estimate
118.89%
Since Feb 1, 2012
MA-Boston
Primary Model

About This Property

One of a kind waterfront ranch! Spectacular views of Turners Pond! Pristine workmanship! Gleaming hardwood floors throughout. Beautiful 2009 kitchen with all stainless appliances. 2008 roof, and environmentally friendly septic system. Living room opens up to a spacious deck overlooking the water! Walkout basement with patio. House is conveniently located just minutes from town, public transportation and Johnson Middle School.
Unit Size
1,094 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$279
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1957

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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: 6 months ago (MLSPIN #71284254)

Price History

Date / Event Date Event Price
Jan 31, 2012 Sold
Premium
Sold
Sep 8, 2011 Listed by Coldwell Banker Residential Brokerage - Natick $304,999
Listed by Coldwell Banker Residential Brokerage - Natick
Sep 5, 2008 Sold
Premium
Sold
Jul 10, 2008 Listed by Coldwell Banker Residential Brokerage - Natick $329,900
Listed by Coldwell Banker Residential Brokerage - Natick

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 15,415
  • Total Building Area: 1,094
  • Gross Building Area: 2,856
  • Building Area: 1,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,094
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411302

Geography

  • Account Number: E080821024
  • District: 307
  • Parcel: WALP M:00024 B:00023 L:00000
  • Block: 23
  • Municipality: WALPOLE
  • Latitude: 42.1505
  • Longitude: -71.2628

    Address

  • Full Address: 249 Elm St
  • Address - House Number: 249
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: R004
  • 4-Digit Zip Code: 1903
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $676,900

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 584,567
  • High Value: 684,912
  • Low Value: 484,221

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,000
  • Assessed Land Value: $308,100
  • Assessed Improvements Value: $203,900

    Sales

  • Current Sale Recording Date: Sep 05, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 85758
  • Previous Sale Recording Date: May 03, 2006
  • 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:

$750,000

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2528 ft²

Average Home Age

60.6 years

Currently For Sale

1364 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71284254

Frequently Asked Questions

When was property at 249 Elm Street built and last sold?
The property at 249 Elm Street was built in 1957 and last sold on Jan 1, 1970 for $278,000.
How much is this home worth?
The estimated value of the home located at 249 Elm Street is $314,102.
What are some comparable homes to 249 Elm Street?
There are currently no comparable homes to 249 Elm Street.
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