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Norfolk
34 Ridge Road
$660,000
● House - Off Market

34 Ridge Road

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,904 Ft²
$918,499
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Stunning Four Bedroom Center Entrance Colonial Located in Pheasant Hill Estates Features Remodeled Gourmet Quartzite Kitchen (2017) with Center Island, Subway Tile Backsplash, Recessed Lights, Farmers Sink, Wine Fridg, Access to Screen Porch, Open to Formal Dining Room, Cathedral Ceiling Fireplaced Family Room, Front to Back Fireplaced Living Room, Remodeled 1/2 Bath, Spacious Master Suite with Walk-In Closet and Full Bath, Bonus Room in Finished Walkout Basement, New Heating System (2017), New Gutters (2018), Replacement Windows (2005), Central Air, Town Water, Two Car Garage. Great Location Close to Major Routes, Commuter Rail and Restaurants.  A Must See!!
Unit Size
2,904 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$224
Property Type
House
Property Taxes
$843
HOA Dues
-
Year Built
1985

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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: 4 months ago (MLSPIN #72642869)

Price History

Date / Event Date Event Price
May 28, 2020 Sold
Premium
Sold
Apr 10, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $649,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
May 20, 2016 Sold
Premium
Sold
Feb 1, 2016 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $579,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jun 18, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • 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: 18
  • 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: 41,881
  • Total Building Area: 2,416
  • Gross Building Area: 3,936
  • Building Area: 2,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,416
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING RDG I NORFOLK
  • Land Acres: 0000000961
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409102

Geography

  • Parcel: NORF M:0013 B:0046 L:0216
  • Block: 46
  • Lot: 216
  • Municipality: NORFOLK
  • Latitude: 42.1025
  • Longitude: -71.3371

    Address

  • Full Address: 34 Ridge Rd
  • Address - House Number: 34
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R005
  • 4-Digit Zip Code: 1746
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,227,400

    Appraisal Valuation

  • Standard Deviation: 0.1525
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 905,320
  • High Value: 1,043,401
  • Low Value: 767,238

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $788,300
  • Assessed Land Value: $200,200
  • Assessed Improvements Value: $588,100

    Sales

  • Current Sale Contract Date: May 21, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48975
  • Previous Sale Recording Date: May 20, 2016
  • Previous Sale Amount: $560,000
  • 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:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2595 ft²

Average Home Age

59.5 years

Currently For Sale

1358 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: 4 months ago
Data Source: MLS PIN, MLS# 72642869

Frequently Asked Questions

When was property at 34 Ridge Road built and last sold?
The property at 34 Ridge Road was built in 1985 and last sold on May 21, 2020 for $660,000.
How much is this home worth?
The estimated value of the home located at 34 Ridge Road is $689,372.
What are some comparable homes to 34 Ridge Road?
There are currently no comparable homes to 34 Ridge Road.
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