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Norfolk
27 King Street
$575,000
● House - Off Market

27 King Street

Norfolk, MA 02056
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,761 Ft²
$534,025
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Charming Cape Cod Style Home located in a wooded country setting. Boasting a light & bright open floor plan; 3 spacious bedrooms / 2 full baths, with wood floors throughout. Bay Windows overlook 1 acre of privacy, first floor laundry. Updates (2020) include: new kitchen window; new garage window; new Anderson storm door; new zone valve on Boiler; new 50-gallon hot water heater; all new flooring. New oil tank (2018).  Plenty of parking with a circular driveway & 2 car garage. Title V complete. Quiet Street! This lovely home is a short distance to commuter rail, schools, town center, Patriots Place, and the Wrentham Outlets. Quick closing possible. Great price to get into the quaint town of Norfolk!
Unit Size
1,761 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$301
Property Type
House
Property Taxes
$649
HOA Dues
-
Year Built
1987

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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 #72955646)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Mar 22, 2022 Listed by Custom Home Realty, Inc. $529,900
Listed by Custom Home Realty, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 44,301
  • Total Building Area: 1,678
  • Gross Building Area: 3,524
  • Building Area: 1,678
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,678
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001017
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: NORF M:0012 B:0062 L:0002
  • Block: 62
  • Lot: 2
  • Municipality: NORFOLK
  • Latitude: 42.0956
  • Longitude: -71.3297

    Address

  • Full Address: 27 King St
  • Address - House Number: 27
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R005
  • 4-Digit Zip Code: 1714
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $882,700

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 599,490
  • High Value: 701,417
  • Low Value: 497,563

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $566,900
  • Assessed Land Value: $227,700
  • Assessed Improvements Value: $339,200

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38469
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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72955646

Frequently Asked Questions

When was property at 27 King Street built and last sold?
The property at 27 King Street was built in 1987 and last sold on May 2, 2022 for $575,000.
How much is this home worth?
The estimated value of the home located at 27 King Street is $550,558.
What are some comparable homes to 27 King Street?
There are currently no comparable homes to 27 King Street.
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