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Norfolk
3 Koyview Pl
$460,000
● House - Off Market

3 Koyview Pl

Medway, MA 02053
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$440,042
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Move right in to this beautifully-maintained & updated Ranch style home sweet home for the summer! Conveniently situated on a dead end perfect side street location close to Medway's top rated schools. Updated Kitchen features refreshed maple cabinets, peninsula seating and updated appliances- open to expansive Dining area with views of lovely backyard space. New faux wood tile flooring throughout entire house, updated full bath with tile surround and dedicated laundry room. Enjoy your time on the lovely patio perfect for summer gatherings and backyard fun. Extra storage in the outdoor shed! Freshly painted entire interior and exterior 2022. New Roof in 2014. New Vinyl Windows 2016. New Water Heater 2021. New washing machine 2022. Close to major routes, shopping, parks and schools.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$370
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1960

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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 #72975503)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
May 3, 2022 Listed by Berkshire Hathaway HomeServices Page Realty $435,000
Listed by Berkshire Hathaway HomeServices Page Realty
May 14, 2015 Sold
Premium
Sold
Mar 2, 2015 Listed by Berkshire Hathaway HomeServices Page Realty $255,000
Listed by Berkshire Hathaway HomeServices Page Realty
Apr 22, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 10,890
  • Total Building Area: 1,176
  • Gross Building Area: 1,368
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 1C-130
  • Parcel: MEDW M:50 B:026
  • Block: 26
  • Municipality: MEDWAY
  • Latitude: 42.1462
  • Longitude: -71.405

    Address

  • Full Address: 3 Koyview Pl
  • Address - House Number: 3
  • Address - Street Name: Koyview
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Medway
  • Carrier Code: C005
  • 4-Digit Zip Code: 1419
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $551,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 478,490
  • High Value: 562,224
  • Low Value: 394,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,200
  • Assessed Land Value: $233,700
  • Assessed Improvements Value: $112,500

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57681
  • Previous Sale Recording Date: May 14, 2015
  • Previous Sale Amount: $250,000
  • 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:

$755,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2565 ft²

Average Home Age

59.6 years

Currently For Sale

1396 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# 72975503

Frequently Asked Questions

When was property at 3 Koyview Place built and last sold?
The property at 3 Koyview Place was built in 1960 and last sold on Jun 29, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 3 Koyview Place is $432,956.
What are some comparable homes to 3 Koyview Place?
There are currently no comparable homes to 3 Koyview Place.
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