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Sharon 02067
3 Glendale Road
$430,000
● Land - Off Market

3 Glendale Road

Sharon, MA 02067
bedrooms
Studio
bathrooms
0 Bath
$714,381
RealtyHop Estimate
78.60%
Since May 1, 2015
MA-Boston
Primary Model

About This Property

There are two Approval Not Required house lots along North Main Street and Glendale Road in Sharon. The town recognizes the lots along North Main Street, but the lots have not been sub-divided from the existing house lot. At this time the owner wants to keep the house and garage intact, so the exact configuration of the lots is open to purchaser, in order to give the purchaser flexibility of the lot design. The exact configuration would be dependent on septic engineering and a lot/house design to meet zoning requirements of the approval not required lots. The lot with the house at 3 Glendale Road is on 53,579 square feet of land.
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1951

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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 #71706057)

Price History

Date / Event Date Event Price
May 21, 2015 Sold
Premium
Sold
Jun 27, 2014 Listed by Stephen Marcus Realty $400,000
Listed by Stephen Marcus Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,333
  • Total Building Area: 1,284
  • Gross Building Area: 1,404
  • Building Area: 1,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,284
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000765
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sharon School District
  • School Tax School District: SHARON SD
  • Census Tract: 414300

Geography

  • Account Number: 2955
  • District: 266
  • Parcel: SHAR M:101 B:069 L:000
  • Block: 69
  • Municipality: SHARON
  • Latitude: 42.1259
  • Longitude: -71.1766

    Address

  • Full Address: 3 Glendale Rd
  • Address - House Number: 3
  • Address - Street Name: Glendale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sharon
  • Carrier Code: C001
  • 4-Digit Zip Code: 1425
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $996,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 679,343
  • High Value: 788,142
  • Low Value: 570,544

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $567,000
  • Assessed Land Value: $419,100
  • Assessed Improvements Value: $147,900

    Sales

  • Current Sale Recording Date: May 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 43712
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 Sharon

Stats & Trends

Median Asking:

$795,000

Sale Price/ft²

$385

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2249 ft²

Average Home Age

80.1 years

Currently For Sale

13 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71706057

Frequently Asked Questions

When was property at 3 Glendale Road built and last sold?
The property at 3 Glendale Road was built in 1951 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 3 Glendale Road is $404,000.
What are some comparable homes to 3 Glendale Road?
There are currently no comparable homes to 3 Glendale Road.
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