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Norfolk
3 Cherry Tree Ln
$365,000
● House - Off Market

3 Cherry Tree Ln

Plainville, MA 02762
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,728 Ft²
$639,843
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

This turn-key, move-in ready 3 bedroom colonial is quite the gem for under $400K in desirable Plainville!! As you enter, you are greeted by hardwood floors and neutral paint colors. As you move into the kitchen, you will notice the stylish dark cabinets, stainless steel appliances and newly tiled floor. Slider in kitchen leads to a nice deck perfect for backyard bbq's. Adjacent to the kitchen is a cozy family room, also boasting beautiful wood floors, allowing an open floor plan. Dining and Living Room are both located on the opposite side of kitchen, convenient for entertaining. Upstairs you will find 3 bedrooms, all with new carpet. The master suite is complete with full bathroom and walk-in closet. 2 car garage below. New windows throughout. Welcome home!!
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$219
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1997

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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 #72037907)

Price History

Date / Event Date Event Price
Sep 29, 2016 Sold
Premium
Sold
Jul 14, 2016 Listed by Real Living Realty Group $379,000
Listed by Real Living Realty Group
Jul 22, 2015 Sold
Premium
Sold
Apr 22, 2015 Listed by Real Living Realty Group $359,000
Listed by Real Living Realty Group
Oct 29, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,728
  • Gross Building Area: 2,736
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAINVIEW HEIGHTS
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • School Tax School District: PLAINVILLE SD
  • Census Tract: 440101

Geography

  • Account Number: 3383
  • Parcel: PLAI M:7 L:162
  • Lot: 162
  • Municipality: PLAINVILLE
  • Latitude: 42.0127
  • Longitude: -71.3195

    Address

  • Full Address: 3 Cherry Tree Ln
  • Address - House Number: 3
  • Address - Street Name: Cherry Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Plainville
  • Carrier Code: C013
  • 4-Digit Zip Code: 2153
  • Zip Code: 02762

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $592,800

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 618,314
  • High Value: 713,750
  • Low Value: 522,877

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,000
  • Assessed Land Value: $207,200
  • Assessed Improvements Value: $286,800

    Sales

  • Current Sale Recording Date: Sep 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99965
  • Previous Sale Recording Date: Jul 22, 2015
  • Previous Sale Amount: $350,000
  • 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:

$758,000

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# 72037907

Frequently Asked Questions

When was property at 3 Cherry Tree Lane built and last sold?
The property at 3 Cherry Tree Lane was built in 1997 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 3 Cherry Tree Lane is $399,367.
What are some comparable homes to 3 Cherry Tree Lane?
There are currently no comparable homes to 3 Cherry Tree Lane.
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