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Norfolk 02081
3 Cranberry Lane
Photo of 3 Cranberry Lane
Sold on Jun 28, 2007

1

Map

$609,000
● House - Off Market

3 Cranberry Lane

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,944 Ft²
$1,181,668
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

Great location!! Spectacular custom colonial. Hardwoods throughout the first floor with 9 foot ceilings. Hugh great room and new carpeting. Two sets of sliders open to a large deck overlooking a professionally landscaped fenced yard. Interior design is a showcase for any family looking to entertain with cherry cabinets and granite countertops. Walk out basement with full sized windows and fireplace has great potential for that extra room. Office off master bedroom is a bonus. Move in ready.
Unit Size
2,944 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$215
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
2002

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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 #70452333)

Price History

Date / Event Date Event Price
Jun 28, 2007 Sold
Premium
Sold
Sep 6, 2006 Listed $634,000
Listed
Sep 6, 2002 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 20,518
  • Total Building Area: 2,727
  • Gross Building Area: 5,678
  • Building Area: 2,727
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,727
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000471
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411101

Geography

  • Account Number: F06-0613-001
  • District: 307
  • Parcel: WALP M:00054 B:00028 L:00015
  • Block: 28
  • Lot: 15
  • Municipality: WALPOLE
  • Latitude: 42.1093
  • Longitude: -71.2414

    Address

  • Full Address: 3 Cranberry Ln
  • Address - House Number: 3
  • Address - Street Name: Cranberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Walpole
  • Carrier Code: C007
  • 4-Digit Zip Code: 2539
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,199,800

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 988,178
  • High Value: 1,146,438
  • Low Value: 829,918

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $907,600
  • Assessed Land Value: $326,700
  • Assessed Improvements Value: $580,900

    Sales

  • Current Sale Recording Date: Jun 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 120931
  • Previous Sale Recording Date: Sep 06, 2002
  • Previous Sale Amount: $625,000
  • 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:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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# 70452333

Frequently Asked Questions

When was property at 3 Cranberry Lane built and last sold?
The property at 3 Cranberry Lane was built in 2002 and last sold on Jan 1, 1970 for $609,000.
How much is this home worth?
The estimated value of the home located at 3 Cranberry Lane is $673,663.
What are some comparable homes to 3 Cranberry Lane?
There are currently no comparable homes to 3 Cranberry Lane.
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