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Norfolk 02081
293 Elm Street
$355,000
● House - Off Market

293 Elm Street

Walpole, MA 02081
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$680,668
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

TURNER POND HOME!  ENJOY SCENIC WATER VIEWS FROM YOUR DECK!  CANOE - KAYAK - FISH! UPDATED CHERRY KITCHEN. FIREPLACED LIVING ROOM WITH WATERVIEWS AND ACCESS OUT TO REAR DECK OVERLOOOKING WATER.  CONVENIENT ONE-FLOOR LIVING  WITH 2 BEDROOMS ON FIRST FLOOR PLUS 2 ADDITIONAL ROOMS ON SECOND FLOOR. GAS HEAT. BRAND NEW SEPTIC.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$250
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1951

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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: 4 months ago (MLSPIN #71670465)

Price History

Date / Event Date Event Price
Jul 29, 2021 Sold
Premium
Sold
May 21, 2018 Sold
Premium
Sold
Jun 20, 2014 Sold
Premium
Sold
Apr 27, 2014 Listed by Century 21 American Properties $375,000
Listed by Century 21 American Properties

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 11
  • 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: 16,000
  • Total Building Area: 1,374
  • Gross Building Area: 2,290
  • Building Area: 1,374
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,374
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: E080821032
  • District: 307
  • Parcel: WALP M:00024 B:00018 L:00000
  • Block: 18
  • Municipality: WALPOLE
  • Latitude: 42.1507
  • Longitude: -71.2642

    Address

  • Full Address: 293 Elm St
  • Address - House Number: 293
  • 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: $628,300

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 565,404
  • High Value: 660,096
  • Low Value: 470,711

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $475,300
  • Assessed Land Value: $308,600
  • Assessed Improvements Value: $166,700

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99096
  • Previous Sale Recording Date: May 21, 2018
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: O
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71670465

Frequently Asked Questions

When was property at 293 Elm Street built and last sold?
The property at 293 Elm Street was built in 1951 and last sold on Jul 29, 2021 for $485,000.
How much is this home worth?
The estimated value of the home located at 293 Elm Street is $392,725.
What are some comparable homes to 293 Elm Street?
There are currently no comparable homes to 293 Elm Street.
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