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Norfolk 02019
38 Arrowhead Rd
$325,000
● House - Off Market

38 Arrowhead Rd

Bellingham, MA 02019
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$448,521
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Adorable 3 Bedroom Ranch Style Home Features Neutral Decor, Updated Cabinet Packed Kitchen with Open Dining Area and Living Room Area, Kitchen Opens to Deck and Large Level Fenced in Backyard with Shed, One Car Garage, Central AC, Finished Room in Basement and Plumbed Bathroom can be Completed Easily to Add Extra Space!  Fantastic Commuter Friendly Location...Minutes to 495, 126, 140 and 5 Minutes to Franklin Forge Park Commuter Rail via 495!  This House is a Must See!  Showings Begin on March 15th starting at 11:00.  Open House from 11-12:30!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$333
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1958

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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 #72630942)

Price History

Date / Event Date Event Price
Jun 15, 2020 Sold
Premium
Sold
Mar 10, 2020 Listed by RE/MAX Real Estate Center $319,900
Listed by RE/MAX Real Estate Center
Jan 4, 2011 Sold
Premium
Sold
May 14, 2010 Listed by RE/MAX Real Estate Center $239,000
Listed by RE/MAX Real Estate Center
Nov 14, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,601
  • Total Building Area: 1,392
  • Gross Building Area: 2,696
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAPPY HILL
  • Land Acres: 0000000335
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443106

Zoning

  • Zoning: RES

Geography

  • Parcel: BELL M:0018 B:0064 L:0000
  • Block: 64
  • Municipality: BELLINGHAM
  • Latitude: 42.1166
  • Longitude: -71.4739

    Address

  • Full Address: 38 Arrowhead Rd
  • Address - House Number: 38
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C006
  • 4-Digit Zip Code: 1108
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $485,100

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 469,534
  • High Value: 558,388
  • Low Value: 380,681

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $377,200
  • Assessed Land Value: $151,700
  • Assessed Improvements Value: $225,500

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55773
  • Previous Sale Recording Date: Jan 04, 2011
  • Previous Sale Amount: $228,000
  • 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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 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: 4 months ago
Data Source: MLS PIN, MLS# 72630942

Frequently Asked Questions

When was property at 38 Arrowhead Road built and last sold?
The property at 38 Arrowhead Road was built in 1958 and last sold on Jun 15, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 38 Arrowhead Road is $321,712.
What are some comparable homes to 38 Arrowhead Road?
There are currently no comparable homes to 38 Arrowhead Road.
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