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Norfolk 02081
3 Grasshopper Ln
$515,000
● House - Off Market

3 Grasshopper Ln

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,463 Ft²
$847,377
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Location, location, location..hosts this custom builders home!  Gorgeous and open layout with Cherry Cabinets, cathedral ceilings and hardwood floors.The third bedroom is used as an office overlooking the front yard spaces through a Palladian window.the Center Fireplace Great Room greets every space of this handsomely designed home. This is the perfect downsize for the Boomer generation - hey, just starting out - you will love this too! The master bedroom features an American Standard whirlpool bath with skylight and walk in closet. 2 access points to Attic. Oh, don't forget this is an all gas home with Central Air, town sewer and water!! First shows begin Saturday and Sunday 12-2. Any offers will be reviewed Tuesday morning.
Unit Size
1,463 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$366
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1988

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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 #72141214)

Price History

Date / Event Date Event Price
May 19, 2017 Sold
Premium
Sold
Apr 5, 2017 Listed by Century 21 American Properties $535,000
Listed by Century 21 American Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 20,018
  • Total Building Area: 1,463
  • Gross Building Area: 3,709
  • Building Area: 1,463
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,463
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411200

Geography

  • Account Number: D070749004
  • District: 307
  • Parcel: WALP M:00027 B:00396 L:00000
  • Block: 396
  • Municipality: WALPOLE
  • Latitude: 42.1506
  • Longitude: -71.2331

    Address

  • Full Address: 3 Grasshopper Ln
  • Address - House Number: 3
  • Address - Street Name: Grasshopper
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Walpole
  • Carrier Code: C011
  • 4-Digit Zip Code: 3627
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $817,800

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 740,777
  • High Value: 868,776
  • Low Value: 612,778

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $618,600
  • Assessed Land Value: $283,800
  • Assessed Improvements Value: $334,800

    Sales

  • Current Sale Recording Date: Nov 19, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 103600
  • Previous Sale Recording Date: May 19, 2017
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: O
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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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# 72141214

Frequently Asked Questions

When was property at 3 Grasshopper Lane built and last sold?
The property at 3 Grasshopper Lane was built in 1988 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Grasshopper Lane is $544,039.
What are some comparable homes to 3 Grasshopper Lane?
There are currently no comparable homes to 3 Grasshopper Lane.
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