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Norfolk
4 Ash Lane Lot 6
$399,900
● House - Off Market

4 Ash Lane Lot 6

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,330 Ft²
$1,004,422
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

REDGATE2 - NEW CONSTRUCTION W/TOWN WATER & SEWER 28X40 FEDERAL FRONT COLONIAL W/2C ATTACHED GARAGE SELLING OUT FAST-WON'T LAST LEVEL LOT-EASY MAINTENANCE ROUGHED FOR FUTURE A/C - CLOSE TO ALL MAJOR ROUTES
Unit Size
2,330 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 #30560501)

Price History

Date / Event Date Event Price
Jun 25, 2002 Sold
Premium
Sold
Nov 12, 2001 Listed by Dewolfe-Marlboro $399,900
Listed by Dewolfe-Marlboro

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,596
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,305
  • Total Building Area: 3,028
  • Gross Building Area: 6,121
  • Building Area: 3,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,028
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RED GATE ESTATE 02
  • Land Acres: 0000000535
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: ARII

Geography

  • Account Number: 5-200-06
  • Parcel: MEDW M:21 B:041
  • Block: 41
  • Municipality: MEDWAY
  • Latitude: 42.1636
  • Longitude: -71.4242

    Address

  • Full Address: 4 Ash Ln
  • Address - House Number: 4
  • Address - Street Name: Ash
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Medway
  • Carrier Code: C004
  • 4-Digit Zip Code: 2374
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,244,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 950,218
  • High Value: 1,093,445
  • Low Value: 806,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,400
  • Assessed Land Value: $294,900
  • Assessed Improvements Value: $485,500

    Sales

  • Current Sale Recording Date: Jun 25, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 108509
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:

$754,950

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2583 ft²

Average Home Age

59.8 years

Currently For Sale

1388 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# 30560501

Frequently Asked Questions

When was property at 4 Ash Lane built and last sold?
The property at 4 Ash Lane was built in 2001 and last sold on Jan 1, 1970 for $399,900.
How much is this home worth?
The estimated value of the home located at 4 Ash Lane is $436,424.
What are some comparable homes to 4 Ash Lane?
There are currently no comparable homes to 4 Ash Lane.
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