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Norfolk 02081
3 Deepwater Ln
$535,000
● House - Off Market

3 Deepwater Ln

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,030 Ft²
$686,325
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Priced to Sell! Impeccably cared for home has hardwood floors throughout. The home is located on a cul-de-sac and within walking distance of Boyden Elementary School. Original owner has done many recent upgrades including new heat & central air (2019), new hot water heater (2019), kitchen renovation (2014) & washer/dryer (2018). Convenient to Patriot Place, commuter rail, parks & grocery stores. Lower level includes an excellent playroom with gas fireplace, flat screen television, blu ray player & full bath. Backyard and back deck are perfect for summer bbq's and family gatherings. ***Home is Occupied. Please Provide Notice for Showing Requests***
Unit Size
2,030 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$259
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1992

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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 #72699789)

Price History

Date / Event Date Event Price
Sep 24, 2020 Sold
Premium
Sold
Jul 29, 2020 Listed by Minuteman Apartment and Homes $524,900
Listed by Minuteman Apartment and Homes

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 21,592
  • Total Building Area: 1,308
  • Gross Building Area: 2,598
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000496
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: F050525013
  • District: 307
  • Parcel: WALP M:00053 B:00148 L:00000
  • Block: 148
  • Municipality: WALPOLE
  • Latitude: 42.1082
  • Longitude: -71.2522

    Address

  • Full Address: 3 Deepwater Ln
  • Address - House Number: 3
  • Address - Street Name: Deepwater
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Walpole
  • Carrier Code: C007
  • 4-Digit Zip Code: 2435
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $861,900

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 676,947
  • High Value: 793,150
  • Low Value: 560,744

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $652,000
  • Assessed Land Value: $327,300
  • Assessed Improvements Value: $324,700

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101146
  • Previous Sale Recording Date: Mar 28, 2017
  • 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

56

Average Home Size

2595 ft²

Average Home Age

59.5 years

Currently For Sale

1358 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: 4 months ago
Data Source: MLS PIN, MLS# 72699789

Frequently Asked Questions

When was property at 3 Deepwater Lane built and last sold?
The property at 3 Deepwater Lane was built in 1992 and last sold on Sep 21, 2020 for $535,000.
How much is this home worth?
The estimated value of the home located at 3 Deepwater Lane is $548,625.
What are some comparable homes to 3 Deepwater Lane?
There are currently no comparable homes to 3 Deepwater Lane.
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