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Norfolk
3 Cider Mill Road
$526,000
● House - Off Market

3 Cider Mill Road

Medway, MA 02053
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,078 Ft²
$1,031,213
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Jaw-dropping Colonial set beautifully on acre lot, on desirable cul-de-sac. Newer addition features amazing Master Bedroom Suite, w/romantic fireplace, private balcony, vaulted ceiling, spa-like Master Bath.  Recent Maple Kitchen w/island,  corian counters, stainless appliances, seperate Butlers Pantry room, w/Cherry Cabinets. Front to back Family Room w/fireplace, double staircases, Farmers Porch,unbelievable backyard w/b-ball court &seperate garden deck area. Get ready to say "WOW!"
Unit Size
3,078 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$172
Property Type
House
Property Taxes
$703
HOA Dues
-
Year Built
1995

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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 #71568334)

Price History

Date / Event Date Event Price
Dec 23, 2013 Sold
Premium
Sold
Aug 11, 2013 Listed by RE/MAX Landmark, REALTORS® $529,000
Listed by RE/MAX Landmark, REALTORS®
Mar 20, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,120
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,213
  • Total Building Area: 3,048
  • Gross Building Area: 5,192
  • Building Area: 3,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,048
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001015
  • 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: 8-14C-4A
  • Parcel: MEDW M:03 B:045
  • Block: 45
  • Municipality: MEDWAY
  • Latitude: 42.1755
  • Longitude: -71.4254

    Address

  • Full Address: 3 Cider Mill Rd
  • Address - House Number: 3
  • Address - Street Name: Cider Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 2442
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,161,400

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 911,782
  • High Value: 1,065,424
  • Low Value: 758,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $728,600
  • Assessed Land Value: $309,400
  • Assessed Improvements Value: $419,200

    Sales

  • Current Sale Recording Date: Dec 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000014
  • Previous Sale Recording Date: Mar 20, 1995
  • Previous Sale Amount: $80,000
  • 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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2529 ft²

Average Home Age

60.6 years

Currently For Sale

1465 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71568334

Frequently Asked Questions

When was property at 3 Cider Mill Road built and last sold?
The property at 3 Cider Mill Road was built in 1995 and last sold on Jan 1, 1970 for $526,000.
How much is this home worth?
The estimated value of the home located at 3 Cider Mill Road is $575,615.
What are some comparable homes to 3 Cider Mill Road?
There are currently no comparable homes to 3 Cider Mill Road.
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