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Norfolk 02054
334 Orchard Street
$307,500
● House - Off Market

334 Orchard Street

Millis, MA 02054
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$571,109
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Incredible opportunity! This secluded 60 ' Raised Ranch is set back well off the road on 1.3 private wooded acres close to the Sherborn line! Home is being sold under assessed value in "as is" condition. Features include, 9 Rooms, 4 Bedrooms, 2.5 Baths, Formal Living Room and Dining Room, Eat-in-Kitchen with Ceramic Tile Flooring, Bay Window and Sky light. Hardwood Flooring on the first Floor. Lower Level features a large Fireside Family Room and additional Bonus Room, Laundry Room, Half Bath and plenty of storage. 2 Car Oversized Garage, private Wood Deck, Replacement Windows and Newer Roof. Bring your  decorating ideas and imagination!  Tremendous value!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$145
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72022405)

Price History

Date / Event Date Event Price
Dec 21, 2016 Sold
Premium
Sold
Jun 13, 2016 Listed by ERA Key Realty Services-Bay State Group $347,500
Listed by ERA Key Realty Services-Bay State Group
Dec 7, 1998 Sold
Premium
Sold
Apr 22, 1998 Listed by ERA Key Realty Services-Bay State Group $260,000
Listed by ERA Key Realty Services-Bay State Group

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 60,113
  • Total Building Area: 1,728
  • Gross Building Area: 3,552
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001380
  • 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

  • Parcel: MILL M:011 B:0000036
  • Block: 36
  • Municipality: MILLIS
  • Latitude: 42.1894
  • Longitude: -71.3634

    Address

  • Full Address: 334 Orchard St
  • Address - House Number: 334
  • 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: $957,300

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 623,015
  • High Value: 733,738
  • Low Value: 512,291

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $583,000
  • Assessed Land Value: $223,400
  • Assessed Improvements Value: $359,600

    Sales

  • Current Sale Recording Date: Dec 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133865
  • Previous Sale Recording Date: Dec 07, 1998
  • Previous Sale Amount: $250,500
  • 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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2550 ft²

Average Home Age

60.7 years

Currently For Sale

1452 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# 72022405

Frequently Asked Questions

When was property at 334 Orchard Street built and last sold?
The property at 334 Orchard Street was built in 1968 and last sold on Jan 1, 1970 for $307,500.
How much is this home worth?
The estimated value of the home located at 334 Orchard Street is $382,091.
What are some comparable homes to 334 Orchard Street?
There are currently no comparable homes to 334 Orchard Street.
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