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Norfolk
285 Main Street
$570,000
● House - Off Market

285 Main Street

Norfolk, MA 02056
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,644 Ft²
$573,431
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Charming Move In Ready Three Bedroom, Two Full Bath Home with Two Car Garage Situated on Level .66 Acre Lot. Home Remodeled in 2013 Which Included Vinyl Siding, Heating System, Windows, Roof and Addition. Updated Granite Kitchen with Stainless Steel Appliances, Open Floorplan, Two Oversized Bedrooms on First Floor with Updated Full Bath, Second Floor Master Suite Offers Updated Full Bath with Double Vanity, Walk-In Closet and Laundry Room, Town Water, Large Private Backyard with Firepit Perfect for Entertaining and Relaxing, Close Proximity to Commuter Rail, Town Center, Shopping and Schools, Ideally Located Between Boston and Providence.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$350
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #73118915)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
Jun 11, 2023 In contract -
In contract
Jun 1, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $575,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jan 3, 2013 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 28,800
  • Total Building Area: 1,644
  • Gross Building Area: 3,300
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000661
  • 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:0008 B:0040 L:0009
  • Block: 40
  • Lot: 9
  • Municipality: NORFOLK
  • Latitude: 42.1148
  • Longitude: -71.3452

    Address

  • Full Address: 285 Main St
  • Address - House Number: 285
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R009
  • 4-Digit Zip Code: 1337
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $872,900

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 576,155
  • High Value: 678,486
  • Low Value: 473,823

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,600
  • Assessed Land Value: $234,400
  • Assessed Improvements Value: $326,200

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1523935
  • Previous Sale Recording Date: Jan 03, 2013
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 55
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:

$751,700

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1464 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: 5 months ago
Data Source: MLS PIN, MLS# 73118915

Frequently Asked Questions

When was property at 285 Main Street built and last sold?
The property at 285 Main Street was built in 1952 and last sold on Jul 21, 2023 for $570,000.
How much is this home worth?
The estimated value of the home located at 285 Main Street is $587,302.
What are some comparable homes to 285 Main Street?
There are currently no comparable homes to 285 Main Street.
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