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Norfolk
371 Main St
$315,000
● House - Off Market

371 Main St

Norfolk, MA 02056
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,436 Ft²
$477,574
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

This home has been completely remodeled inside in the last year, Shows like a brand new home, Exterior siding, roof and windows 2010. The brand new fully applianced kitchen offers custom built cherry cabinets with granite countertops and a center island. The large family room and dining room with skylight complete the first floor which offers bamboo wood floors and LED recessed lights galore. 2nd floor has the masterbedroom with a hollywood bath with a custom tile shower. Skylights and ceiling fans in both bedrooms. Oak stair treads from 1st to 2nd floor, central air conditioning, paver patio in rear, storage shed. Value Range Pricing_ Seller will entertain offers between $299,900- $334,900
Unit Size
1,436 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$209
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1900

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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 #72152658)

Price History

Date / Event Date Event Price
Sep 8, 2017 Sold
Premium
Sold
Apr 25, 2017 Listed by Keller Williams Realty - Foxboro/North Attleboro $299,900
Listed by Keller Williams Realty - Foxboro/North Attleboro

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 5,600
  • Total Building Area: 1,436
  • Gross Building Area: 2,194
  • Building Area: 1,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 21000
  • Parcel: NORF M:0002 B:0003 L:0006
  • Block: 3
  • Lot: 6
  • Municipality: NORFOLK
  • Latitude: 42.1084
  • Longitude: -71.363

    Address

  • Full Address: 371 Main St
  • Address - House Number: 371
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R003
  • 4-Digit Zip Code: 1237
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $512,100

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 478,657
  • High Value: 556,765
  • Low Value: 400,549

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $328,900
  • Assessed Land Value: $133,700
  • Assessed Improvements Value: $195,200

    Sales

  • Current Sale Recording Date: Sep 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85330

    Financing

  • First Mortgage Financing Type: UNK
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:

$757,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2500 ft²

Average Home Age

60.7 years

Currently For Sale

1426 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72152658

Frequently Asked Questions

When was property at 371 Main Street built and last sold?
The property at 371 Main Street was built in 1900 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 371 Main Street is $320,439.
What are some comparable homes to 371 Main Street?
There are currently no comparable homes to 371 Main Street.
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