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Norfolk
3 Waterview
Photo of 3 Waterview
Sold on Feb 28, 2007

1

Map

$434,000
● House - Off Market

3 Waterview

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$767,169
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

THIS HOME WILL BE TIED INTO CITY SEWER.  PRISTINE, LEVEL PRIVATE BACK YARD WILL MAINTAINED.  Wonderful home in a great neighborhood.  Move in condition.  New exterior paint, new insulated windows, freshly painted interior.  Multiple level decking and patios invites you to sit in this private back yard, an extension of family living. Light flooded eat in kitchen and fireplaced cozy family room. New bath, finished basement,included in GLA
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$161
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1981

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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 #70449533)

Price History

Date / Event Date Event Price
Mar 1, 2007 Sold
Premium
Sold
Aug 30, 2006 Listed $449,900
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 6
  • Basement Area: 1,006
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,564
  • Total Building Area: 2,006
  • Gross Building Area: 4,396
  • Building Area: 2,006
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,006
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERVIEW ESTATES
  • Land Acres: 0000000518
  • 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: 408102

Zoning

  • Zoning: ARII

Geography

  • Account Number: 2-103-28
  • Parcel: MEDW M:67 B:038
  • Block: 38
  • Municipality: MEDWAY
  • Latitude: 42.138
  • Longitude: -71.4359

    Address

  • Full Address: 3 Waterview Dr
  • Address - House Number: 3
  • Address - Street Name: Waterview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: R001
  • 4-Digit Zip Code: 1662
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $898,500

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 703,066
  • High Value: 811,956
  • Low Value: 594,175

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,700
  • Assessed Land Value: $294,400
  • Assessed Improvements Value: $269,300

    Sales

  • Current Sale Recording Date: Mar 01, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 120242
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70449533

Frequently Asked Questions

When was property at 3 Waterview Drive built and last sold?
The property at 3 Waterview Drive was built in 1981 and last sold on Jan 1, 1970 for $434,000.
How much is this home worth?
The estimated value of the home located at 3 Waterview Drive is $493,683.
What are some comparable homes to 3 Waterview Drive?
There are currently no comparable homes to 3 Waterview Drive.
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