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Norfolk 02081
4 Cobb Terrace
Photo of 4 Cobb Terrace
Sold on Apr 13, 2009

1

Map

$340,000
● House - Off Market

4 Cobb Terrace

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,518 Ft²
$752,978
RealtyHop Estimate
115.20%
Since May 1, 2009
MA-Boston
Primary Model

About This Property

Fabulous location on desirable North Walpole cul-de-sac. Bright and sunny 8 room, 3 bedroom, 1.5 bath split on pretty half acre lot. Wonderful yard for family and friends. Hardwood through out first floor.  12 x 12 screened back porch for those hot summer nights or just relax indoors with the recently installed central a/c. Newer roof, town water and sewer, one car garage. This is ask price will consider reasonable offers.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$231
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1963

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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 #70834371)

Price History

Date / Event Date Event Price
Apr 13, 2009 Sold
Premium
Sold
Oct 14, 2008 Listed $349,900
Listed

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 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: 21,230
  • Total Building Area: 1,118
  • Gross Building Area: 2,270
  • Building Area: 1,118
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,118
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000487
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: D030303024
  • District: 307
  • Parcel: WALP M:00018 B:00232 L:00000
  • Block: 232
  • Municipality: WALPOLE
  • Latitude: 42.1609
  • Longitude: -71.241

    Address

  • Full Address: 4 Cobb Ter
  • Address - House Number: 4
  • Address - Street Name: Cobb
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Walpole
  • Carrier Code: C003
  • 4-Digit Zip Code: 3016
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $708,300

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 611,675
  • High Value: 709,637
  • Low Value: 513,713

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $535,800
  • Assessed Land Value: $312,800
  • Assessed Improvements Value: $223,000

    Sales

  • Current Sale Recording Date: Apr 13, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 36641
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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2544 ft²

Average Home Age

60.4 years

Currently For Sale

1421 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# 70834371

Frequently Asked Questions

When was property at 4 Cobb Terrace built and last sold?
The property at 4 Cobb Terrace was built in 1963 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 4 Cobb Terrace is $368,439.
What are some comparable homes to 4 Cobb Terrace?
There are currently no comparable homes to 4 Cobb Terrace.
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