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Norfolk 02052
3 Martingale Lane
$1,150,000
● House - Off Market

3 Martingale Lane

Medfield, MA 02052
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
5,573 Ft²
$2,363,956
RealtyHop Estimate
101.19%
Since Apr 1, 2013
MA-Boston
Primary Model

About This Property

NEW PRICE! REDUCED $25,000! BEST VALUE FOR PRICE RANGE!  IDYLLIC setting on cul-de-sac in Medfields most prestigious neighborhd! PRISTINE home by builder of Boston Mag Design Home 2002! Open plan from granite Kitch to fireside FamRm. NEW SS appliances! ELEGANT 4-season SunRm overlooks heated gunite POOL W/WATERFALL & SPA! 1st Flr Bedrm w/full bath. Master on 2nd Flr. Huge Office. Nice finished Basemt. CABANA w/Sun Rm, Kitch, 1/2 bath, shower. Lush landscaping. TOP SCHOOLS!
Unit Size
5,573 Ft²
Days on Market
-
Land Size
1.79 acres
Price per sqft
$211
Property Type
House
Property Taxes
$1,528
HOA Dues
-
Year Built
1994

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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: 5 months ago (MLSPIN #71409386)

Price History

Date / Event Date Event Price
Mar 22, 2013 Sold
Premium
Sold
Jul 13, 2012 Listed by Century 21 Commonwealth $1,175,000
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,567
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 77,898
  • Total Building Area: 4,473
  • Gross Building Area: 7,617
  • Building Area: 4,473
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,473
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDFIELD
  • Land Acres: 0000001788
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406101

Zoning

  • Zoning: RT

Geography

  • Parcel: MEDF M:0083 B:0000 L:0013
  • Lot: 13
  • Municipality: MEDFIELD
  • Latitude: 42.2143
  • Longitude: -71.2927

    Address

  • Full Address: 3 Martingale Ln
  • Address - House Number: 3
  • Address - Street Name: Martingale
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Medfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1329
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,312,400

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,910,909
  • High Value: 2,244,299
  • Low Value: 1,577,520

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,579,500
  • Assessed Land Value: $537,400
  • Assessed Improvements Value: $1,042,100

    Sales

  • Current Sale Recording Date: Mar 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35272
  • Previous Sale Recording Date: Mar 22, 2013
  • Previous Sale Amount: $1,150,000
  • 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:

$754,950

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2523 ft²

Average Home Age

60.5 years

Currently For Sale

1450 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: 5 months ago
Data Source: MLS PIN, MLS# 71409386

Frequently Asked Questions

When was property at 3 Martingale Lane built and last sold?
The property at 3 Martingale Lane was built in 1994 and last sold on Jan 1, 1970 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 3 Martingale Lane is $1,248,849.
What are some comparable homes to 3 Martingale Lane?
There are currently no comparable homes to 3 Martingale Lane.
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