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Norfolk
3 Applegate Road
$799,000
● House - Off Market

3 Applegate Road

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,300 Ft²
$1,171,585
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
Unit Size
3,300 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$242
Property Type
House
Property Taxes
$833,333
HOA Dues
-
Year Built
2018

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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 #72504489)

Price History

Date / Event Date Event Price
Oct 4, 2019 Sold
Premium
Sold
May 21, 2019 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $799,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,787
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 3,624
  • Gross Building Area: 6,372
  • Building Area: 3,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,624
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • 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: AR-I

Geography

  • Account Number: 6-136-2B
  • Parcel: MEDW M:23 B:065
  • Block: 65
  • Municipality: MEDWAY
  • Latitude: 42.1601
  • Longitude: -71.404

    Address

  • Full Address: 3 Applegate Rd
  • Address - House Number: 3
  • Address - Street Name: Applegate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 1456
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,430,800

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,124,471
  • High Value: 1,315,517
  • Low Value: 933,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $897,600
  • Assessed Land Value: $313,700
  • Assessed Improvements Value: $583,900

    Sales

  • Current Sale Contract Date: Oct 01, 2019
  • Current Sale Recording Date: Oct 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90718
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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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: 4 months ago
Data Source: MLS PIN, MLS# 72504489

Frequently Asked Questions

When was property at 3 Applegate Road built and last sold?
The property at 3 Applegate Road was built in 2018 and last sold on Oct 1, 2019 for $799,000.
How much is this home worth?
The estimated value of the home located at 3 Applegate Road is $844,938.
What are some comparable homes to 3 Applegate Road?
There are currently no comparable homes to 3 Applegate Road.
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