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Norfolk 02052
3 Alder Road
Photo of 3 Alder Road
Sold on Aug 16, 2004

1

Map

$604,500
● House - Off Market

3 Alder Road

Medfield, MA 02052
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,240 Ft²
$1,113,775
RealtyHop Estimate
85.94%
Since Sep 1, 2004
MA-Boston
Primary Model

About This Property

Remodeled col w/quality upgrades! New Anderson windows & sliders,new kit-cherry Hamlin cabs,corian counters,new appl,cer tile kit fl.New att cath ceil fam rm w/ palladian windows and recess lts.new roof-30 yr arch shingles,new c/a,new HW heater,upgraded heating system,custom closets,upgraded wiring & elec system,new deck,new gar drs & new inground sprinklers.Town water and sewer. Seller is paying betterment.Full fin bsmt W/ fpl. (Ask realtor abt bsmt heat).Custom prof landscaping. A beauty!
Unit Size
2,240 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$267
Property Type
House
Property Taxes
$462
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 #70045848)

Price History

Date / Event Date Event Price
Aug 16, 2004 Sold
Premium
Sold
Jun 7, 2004 Listed $599,000
Listed
Jul 31, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,376
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,023
  • Total Building Area: 2,240
  • Gross Building Area: 4,933
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDFIELD LAND
  • Land Acres: 0000000551
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406102

Zoning

  • Zoning: RT

Geography

  • Parcel: MEDF M:0028 B:0000 L:0053
  • Lot: 53
  • Municipality: MEDFIELD
  • Latitude: 42.1701
  • Longitude: -71.3011

    Address

  • Full Address: 3 Alder Rd
  • Address - House Number: 3
  • Address - Street Name: Alder
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 3101
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,134,600

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 961,057
  • High Value: 1,114,973
  • Low Value: 807,141

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $775,000
  • Assessed Land Value: $378,100
  • Assessed Improvements Value: $396,900

    Sales

  • Current Sale Recording Date: Aug 16, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12515
  • Previous Sale Recording Date: Jul 31, 1997
  • Previous Sale Amount: $243,000
  • Previous Sale Document Type: 27
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:

$757,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2567 ft²

Average Home Age

59.9 years

Currently For Sale

1386 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# 70045848

Frequently Asked Questions

When was property at 3 Alder Road built and last sold?
The property at 3 Alder Road was built in 1961 and last sold on Jan 1, 1970 for $604,500.
How much is this home worth?
The estimated value of the home located at 3 Alder Road is $625,503.
What are some comparable homes to 3 Alder Road?
There are currently no comparable homes to 3 Alder Road.
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