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Norfolk
27 Sunset Dr
$485,000
● House - Off Market

27 Sunset Dr

Medway, MA 02053
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,220 Ft²
$498,040
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

This fantastic Medway raised ranch is located in a desirable neighborhood surrounded by mature trees and offers excellent privacy. The home has been freshly painted and features hardwood floors throughout.The kitchen is off the dining room and has direct access to the spacious deck. The upper level has three excellent-sized bedrooms, a full bath, and a bright living room. The basement offers additional space with a multi-purpose bonus room that can be used as an office or den. It also has plenty of unfinished space with a fireplace and high ceilings. The property is conveniently located within walking distance of the schools and the major plaza in town. It features town water, town sewer, vinyl windows, gas, air conditioning, and a large shed. Schedule your viewing today!
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$410
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1965

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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: 4 months ago (MLSPIN #73156172)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Sep 14, 2023 In contract -
In contract
Sep 6, 2023 Listed by Berkshire Hathaway HomeServices Page Realty $499,900
Listed by Berkshire Hathaway HomeServices Page Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,080
  • Gross Building Area: 2,232
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: ARII

Geography

  • Account Number: 6-322
  • Parcel: MEDW M:40 B:040
  • Block: 40
  • Municipality: MEDWAY
  • Latitude: 42.1524
  • Longitude: -71.4138

    Address

  • Full Address: 27 Sunset Dr
  • Address - House Number: 27
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: C003
  • 4-Digit Zip Code: 2023
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $700,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 520,252
  • High Value: 613,993
  • Low Value: 426,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439,700
  • Assessed Land Value: $286,100
  • Assessed Improvements Value: $153,600

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1528046
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73156172

Frequently Asked Questions

When was property at 27 Sunset Drive built and last sold?
The property at 27 Sunset Drive was built in 1965 and last sold on Oct 20, 2023 for $495,100.
How much is this home worth?
The estimated value of the home located at 27 Sunset Drive is $506,924.
What are some comparable homes to 27 Sunset Drive?
There are currently no comparable homes to 27 Sunset Drive.
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