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Norfolk
3 Diane Drive
$485,000
● House - Off Market

3 Diane Drive

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,300 Ft²
$910,597
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Tired of winter? Thinking about summer and swimming in a backyard pool? Then think about this wonderful 9 room colonial with it's beautiful, refreshing in-ground pool. This home is set in a much sought after neighborhood. Enjoy the spacious family room with fireplace and cathedral ceiling. There are gleaming hardwood floors throughout the rest of the first floor.  French doors open into the formal living room and also into a private office. Soccer and baseball fields are right down the street as well as some great hiking trails. Basement is studded and can easily be finished. New $30,000 heating and air conditioning system. Roof, two bathrooms, and pool liner are only a few years old. Showings begin at Open House - Sunday (3/16) 11-1.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
1.33 acres
Price per sqft
$213
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1985

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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 #71642920)

Price History

Date / Event Date Event Price
Jun 27, 2014 Sold
Premium
Sold
Mar 11, 2014 Listed by RE/MAX Executive Realty $489,900
Listed by RE/MAX Executive Realty
May 2, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • 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: 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: 1,308
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,935
  • Total Building Area: 2,296
  • Gross Building Area: 3,744
  • Building Area: 2,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001330
  • 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: 8-46CC
  • Parcel: MEDW M:07 B:027
  • Block: 27
  • Municipality: MEDWAY
  • Latitude: 42.1723
  • Longitude: -71.4291

    Address

  • Full Address: 3 Diane Dr
  • Address - House Number: 3
  • Address - Street Name: Diane
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 2358
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,010,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 811,515
  • High Value: 948,152
  • Low Value: 674,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $633,600
  • Assessed Land Value: $311,000
  • Assessed Improvements Value: $322,600

    Sales

  • Current Sale Recording Date: Jun 27, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51664
  • Previous Sale Recording Date: May 02, 2001
  • Previous Sale Amount: $344,000
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71642920

Frequently Asked Questions

When was property at 3 Diane Drive built and last sold?
The property at 3 Diane Drive was built in 1985 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 3 Diane Drive is $522,143.
What are some comparable homes to 3 Diane Drive?
There are currently no comparable homes to 3 Diane Drive.
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