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Norfolk
4 Chieftain Way
$295,000
● Land - Off Market

4 Chieftain Way

Walpole, MA 02032
bedrooms
Studio
bathrooms
0 Bath
$474,142
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

The developer saved the best lot for last!  Beautiful four home cul-de-sac @ Chieftain Way, Walpole.  Three homes complete and sold, excellent opportunity to purchase the last lot in this executive enclave of homes.  The developments road, sidewalks, street lighting, drainage, landscaping and utilities are all complete.  Shovel ready 37,295 Sq Ft lot is ready for your home plans.  This is currently the only single family house lot listed in Walpole!
Unit Size
-
Days on Market
-
Land Size
0.86 acres
Price per sqft
-
Property Type
Land
Property Taxes
$235
HOA Dues
-
Year Built
2017

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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: 6 months ago (MLSPIN #72109795)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
May 3, 2021 Listed by Brad Brooks Real Estate Brokerage $869,900
Listed by Brad Brooks Real Estate Brokerage
Sep 20, 2017 Sold
Premium
Sold
Mar 10, 2017 Sold
Premium
Sold
Jan 18, 2017 Listed by Brad Brooks Real Estate Brokerage $295,000
Listed by Brad Brooks Real Estate Brokerage

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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: 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: 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: 37,295
  • Total Building Area: 2,477
  • Gross Building Area: 5,480
  • Building Area: 2,477
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,477
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000856
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411200

Geography

  • Account Number: D090912001
  • District: 307
  • Parcel: WALP M:00036 B:00072 L:00000
  • Block: 72
  • Municipality: WALPOLE
  • Latitude: 42.1438
  • Longitude: -71.2103

    Address

  • Full Address: 4 Chieftain Way
  • Address - House Number: 4
  • Address - Street Name: Chieftain
  • Address - Suffix Type: Way
  • State: MA
  • City Name: East Walpole
  • Carrier Code: C002
  • 4-Digit Zip Code: 1525
  • Zip Code: 02032

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,167,700

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 1,015,510
  • High Value: 1,187,992
  • Low Value: 843,029

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $883,300
  • Assessed Land Value: $321,900
  • Assessed Improvements Value: $561,400

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85386
  • Previous Sale Recording Date: Sep 20, 2017
  • Previous Sale Amount: $700,000
  • 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

2524 ft²

Average Home Age

61 years

Currently For Sale

1416 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: 6 months ago
Data Source: MLS PIN, MLS# 72109795

Frequently Asked Questions

When was property at 4 Chieftain Way built and last sold?
The property at 4 Chieftain Way was built in 2017 and last sold on Jun 30, 2021 for $950,000.
How much is this home worth?
The estimated value of the home located at 4 Chieftain Way is $894,620.
What are some comparable homes to 4 Chieftain Way?
There are currently no comparable homes to 4 Chieftain Way.
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