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Norfolk 02081
3 Heritage Dr
$710,000
● House - Off Market

3 Heritage Dr

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,372 Ft²
$4,284
Est. Monthly

About This Property

Estate Sale! Prime location in North Walpole. Bring your vision and design ideas when you come and see this 3+ bedroom home with in-law off-suite. The property has been well maintained and has great bones.  Situated on a almost an acre lot this home as a lot of potential. All systems updated.! Schedule a showing today! Check out the website!
Unit Size
2,372 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$295
Property Type
House
Property Taxes
$851
HOA Dues
-
Year Built
1979

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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 #73177954)

Price History

Date / Event Date Event Price
Jan 3, 2024 Sold
Premium
Sold
Nov 14, 2023 In contract -
In contract
Nov 7, 2023 Listed by eRealty Advisors, Inc. $699,000
Listed by eRealty Advisors, Inc.
Sep 28, 2007 Sold
Premium
Sold
Dec 2, 2006 Listed by eRealty Advisors, Inc. $499,900
Listed by eRealty Advisors, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,119
  • Total Building Area: 2,372
  • Gross Building Area: 4,670
  • Building Area: 2,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,372
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNY ROCK ESTATES
  • Land Acres: 0000000921
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: A161607003
  • District: 307
  • Parcel: WALP M:00012 B:00024 L:00000
  • Block: 24
  • Municipality: WALPOLE
  • Latitude: 42.1759
  • Longitude: -71.2572

    Address

  • Full Address: 3 Heritage Dr
  • Address - House Number: 3
  • Address - Street Name: Heritage
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Walpole
  • Carrier Code: R001
  • 4-Digit Zip Code: 2207
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,072,900

    Appraisal Valuation

  • Standard Deviation: 0.0704
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 95
  • Final Value: 713,598
  • High Value: 763,851
  • Low Value: 663,344

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $811,600
  • Assessed Land Value: $411,100
  • Assessed Improvements Value: $400,500

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 410
  • Previous Sale Recording Date: Sep 28, 2007
  • Previous Sale Amount: $490,000
  • 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:

$754,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73177954

Frequently Asked Questions

When was property at 3 Heritage Drive built and last sold?
The property at 3 Heritage Drive was built in 1979 and last sold on Jan 3, 2024 for $710,000.
How much is this home worth?
The estimated value of the home located at 3 Heritage Drive is $714,768.
What are some comparable homes to 3 Heritage Drive?
There are currently no comparable homes to 3 Heritage Drive.
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