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Norfolk 02054
275 Orchard
$500,000
● House - Off Market

275 Orchard

Millis, MA 02054
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,556 Ft²
$478,235
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

Nice split level home on pretty country road in a great location. Easy commute to Natick, Framingham etc. Windows, burner and roof are about 10 years old. New oven and cooktop. Large deck leads to a gorgeous backyard which borders a farm.Updating needed. Hardwood in bedroom under carpet, most likely in hallway, living room and dining room.
Unit Size
1,556 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$302
Property Type
House
Property Taxes
$689
HOA Dues
-
Year Built
1961

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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 #73084217)

Price History

Date / Event Date Event Price
Apr 13, 2023 Sold
Premium
Sold
Mar 14, 2023 In contract -
In contract
Mar 11, 2023 Listed by Conway - Medfield $469,900
Listed by Conway - Medfield

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 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: 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: 26,136
  • Total Building Area: 1,056
  • Gross Building Area: 2,772
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407101

Geography

  • Parcel: MILL M:011 B:0000027
  • Block: 27
  • Municipality: MILLIS
  • Latitude: 42.1849
  • Longitude: -71.3681

    Address

  • Full Address: 275 Orchard St
  • Address - House Number: 275
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Millis
  • Carrier Code: R001
  • 4-Digit Zip Code: 1023
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $735,100

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 542,596
  • High Value: 630,272
  • Low Value: 454,921

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $447,700
  • Assessed Land Value: $188,000
  • Assessed Improvements Value: $259,700

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21381

    Financing

  • First Mortgage Financing Type: ADJ
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:

$757,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2512 ft²

Average Home Age

60.7 years

Currently For Sale

1382 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: 5 months ago
Data Source: MLS PIN, MLS# 73084217

Frequently Asked Questions

When was property at 275 Orchard Street built and last sold?
The property at 275 Orchard Street was built in 1961 and last sold on Apr 13, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 275 Orchard Street is $487,508.
What are some comparable homes to 275 Orchard Street?
There are currently no comparable homes to 275 Orchard Street.
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