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Norfolk 02081
3 Laurel Ln
$445,000
● House - Off Market

3 Laurel Ln

Walpole, MA 02081
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,176 Ft²
$482,821
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to this hip roof ranch set on lovely lot in cul de sac! A great location, close to North Walpole and area amenities. Use your imagination and make this house your new dream home! Great bones to start with including new heating and oil tank, 100 amp breakers, roof under 12 years and nice brick stair entrance. Also a fireplaced livingroom, hardwood floors, and huge 3 season rooms that becomes part of the main house. House was designed as a 3 bedroom so just put the wall up again and you will have that 3rd space for your family or keep it as a den. Full basement for you to finish if you wish with laundry and bath down there already. A nice yard and garage complete this home! Make it yours today!!
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$374
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1957

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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 #72922976)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Nov 26, 2021 Listed by RE/MAX Real Estate Center $439,900
Listed by RE/MAX Real Estate Center

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 15,000
  • Total Building Area: 2,982
  • Gross Building Area: 5,496
  • Building Area: 2,982
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,982
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARION AVE
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: D040411001
  • District: 307
  • Parcel: WALP M:00017 B:00084 L:00000
  • Block: 84
  • Municipality: WALPOLE
  • Latitude: 42.1646
  • Longitude: -71.2497

    Address

  • Full Address: 3 Laurel Ln
  • Address - House Number: 3
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Walpole
  • Carrier Code: C006
  • 4-Digit Zip Code: 2114
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,312,500

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 793,165
  • High Value: 935,033
  • Low Value: 651,296

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $992,800
  • Assessed Land Value: $349,700
  • Assessed Improvements Value: $643,100

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4650
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

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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# 72922976

Frequently Asked Questions

When was property at 3 Laurel Lane built and last sold?
The property at 3 Laurel Lane was built in 1957 and last sold on Jan 14, 2022 for $445,000.
How much is this home worth?
The estimated value of the home located at 3 Laurel Lane is $450,140.
What are some comparable homes to 3 Laurel Lane?
There are currently no comparable homes to 3 Laurel Lane.
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