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Norfolk 02035
3 Philip Ln
$450,000
● House - Off Market

3 Philip Ln

Foxboro, MA 02035
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,362 Ft²
$597,236
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Well maintained Cape in desirable neighborhood. Up-dated with charm and charachter, living room with fireplace, full bath and 1st floor master bedroom. 2nd floor has large two large bedroom's  and a half bath.  Other features include: 100 amp updated  electric, vinyl siding, many updated vinyl windows and NEW SEPTIC. Large back yard, with storage shed along concrete patio. and Large deck.great neighborhood, convenient to RT 95, commuter rail and schools.
Unit Size
1,362 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$330
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1953

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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 years ago (MLSPIN #72682767)

Price History

Date / Event Date Event Price
Aug 28, 2020 Sold
Premium
Sold
Jun 30, 2020 Listed by HomeSmart Professionals Real Estate $449,900
Listed by HomeSmart Professionals Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 9
  • Basement Area: 384
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,667
  • Total Building Area: 1,362
  • Gross Building Area: 2,524
  • Building Area: 1,362
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,362
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000314
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Foxborough School District
  • School Tax School District: FOXBORO RGNL
  • Census Tract: 410400

Geography

  • Account Number: 280000630
  • District: 99
  • Parcel: FOXB M:028 L:115
  • Lot: 115
  • Municipality: FOXBORO
  • Latitude: 42.087
  • Longitude: -71.2269

    Address

  • Full Address: 3 Philip Ln
  • Address - House Number: 3
  • Address - Street Name: Philip
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C006
  • 4-Digit Zip Code: 1222
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $598,100

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 554,195
  • High Value: 652,501
  • Low Value: 455,889

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $442,700
  • Assessed Land Value: $212,900
  • Assessed Improvements Value: $229,800

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1454178
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:

$755,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2563 ft²

Average Home Age

59.7 years

Currently For Sale

1395 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: 5 years ago
Data Source: MLS PIN, MLS# 72682767

Frequently Asked Questions

When was property at 3 Philip Lane built and last sold?
The property at 3 Philip Lane was built in 1953 and last sold on Aug 21, 2020 for $450,000.
How much is this home worth?
The estimated value of the home located at 3 Philip Lane is $461,313.
What are some comparable homes to 3 Philip Lane?
There are currently no comparable homes to 3 Philip Lane.
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