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Norton Center 02766
3 Lester Gray Drive
$569,900
● House - Off Market

3 Lester Gray Drive

Norton, MA 02766
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,800 Ft²
$1,193,628
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

WONDERFUL FARMER PORCH COLONIAL BUILT 3 YEARS AGO BY CREATIVE HOMES. QUALITY CONSTRUCTION - GOURMET KITCHEN, CATHEDRAL CEILING FAMILY ROOM WITH FIREPLACE, LARGE BEDROOMS. ABUTTS CONSERVATION.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
2.94 acres
Price per sqft
$204
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
2001

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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 #30810679)

Price History

Date / Event Date Event Price
Sep 3, 2021 Sold
Premium
Sold
Jul 14, 2021 Listed by Premier Properties $659,000
Listed by Premier Properties
Apr 27, 2004 Sold
Premium
Sold
Feb 5, 2004 Listed by Premier Properties $569,900
Listed by Premier Properties
Jan 15, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 101,747
  • Total Building Area: 2,726
  • Gross Building Area: 5,795
  • Building Area: 2,726
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,726
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002336
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norton School District
  • School Tax School District: NORTON SD
  • Census Tract: 611102

Zoning

  • Zoning: R60

Geography

  • Account Number: 7900
  • District: 218
  • Parcel: NORT M:17 P:187 E:2
  • Municipality: NORTON
  • Latitude: 41.968
  • Longitude: -71.1758

    Address

  • Full Address: 3 Lester Gray Dr
  • Address - House Number: 3
  • Address - Street Name: Lester Gray
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norton
  • Carrier Code: R021
  • 4-Digit Zip Code: 2824
  • Zip Code: 02766

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $967,600

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 866,167
  • High Value: 1,011,902
  • Low Value: 720,431

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $747,200
  • Assessed Land Value: $227,000
  • Assessed Improvements Value: $520,200

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48855
  • Previous Sale Recording Date: Apr 27, 2004
  • Previous Sale Amount: $569,900
  • 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 Norton Center

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$313

Above Asking

0.00%

Average Days on Market

37

Average Home Size

2208 ft²

Average Home Age

102.5 years

Currently For Sale

2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30810679

Frequently Asked Questions

When was property at 3 Lester Gray Drive built and last sold?
The property at 3 Lester Gray Drive was built in 2001 and last sold on Sep 3, 2021 for $707,000.
How much is this home worth?
The estimated value of the home located at 3 Lester Gray Drive is $669,137.
What are some comparable homes to 3 Lester Gray Drive?
There are currently no comparable homes to 3 Lester Gray Drive.
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