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Norfolk 02054
308 Orchard Street
$629,000
● House - Off Market

308 Orchard Street

Millis, MA 02054
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,600 Ft²
$1,140,350
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

You are going to fall in love with this gorgeous home!  Beautifully designed to compliment its historic location. Surrounded by woodlands, fields and beautiful Bogastow Brook.Large living space incorporates the kitchen and family room with access to the large deck for outside entertaining. Custom woodwork, stainless steel appliances, unique granite counters and barn style two car garage work to create a simple elegance to this home. Future potential for more living space in the unfinished third floor and above the garage.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$242
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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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 #71671777)

Price History

Date / Event Date Event Price
Jun 28, 2021 Sold
Premium
Sold
Mar 18, 2021 Listed by Prudential Page Realty $834,900
Listed by Prudential Page Realty
Jul 16, 2014 Sold
Premium
Sold
Apr 29, 2014 Listed by Prudential Page Realty $629,000
Listed by Prudential Page Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 56,628
  • Total Building Area: 3,036
  • Gross Building Area: 7,113
  • Building Area: 3,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407101

Geography

  • Account Number: 11049
  • Parcel: MILL M:011 B:0000049
  • Block: 49
  • Municipality: MILLIS
  • Latitude: 42.1872
  • Longitude: -71.3649

    Address

  • Full Address: 308 Orchard St
  • Address - House Number: 308
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Millis
  • Carrier Code: R001
  • 4-Digit Zip Code: 1026
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,454,500
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 1,101,936
  • High Value: 1,291,088
  • Low Value: 912,784

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $885,800
  • Assessed Land Value: $214,500
  • Assessed Improvements Value: $671,300

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83637
  • Previous Sale Recording Date: Jul 16, 2014
  • Previous Sale Amount: $629,000
  • 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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

60.2 years

Currently For Sale

1428 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 months ago
Data Source: MLS PIN, MLS# 71671777

Frequently Asked Questions

When was property at 308 Orchard Street built and last sold?
The property at 308 Orchard Street was built in 2014 and last sold on Jun 28, 2021 for $905,000.
How much is this home worth?
The estimated value of the home located at 308 Orchard Street is $867,926.
What are some comparable homes to 308 Orchard Street?
There are currently no comparable homes to 308 Orchard Street.
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