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Norwood 02062
4 Heather Drive
$675,000
● House - Off Market

4 Heather Drive

Norwood, MA 02062
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,872 Ft²
$930,338
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

MASSIVE estate home on a beautiful corner lot with mature plantings, 1 car garage, and Mediterranean style in-ground pool surrounded by brick paths and walkways. This stately home features, formal living room, formal dining room with built-ins, eat-in kitchen with breakfast nook and oversized, sun-filled GREAT ROOM featuring cathedral wood-beamed ceilings, skylights and wet bar overlooking EXPANSIVE entertainer's fenced-in flat level yard. Master bedroom has half bath, hardwood floors under all carpeting, additional family room, and 2nd wet bar in the basement with full bathroom for pool guests. Enclosed stone floor porch is perfect to hang out for shade, Au pair suite features hardwood floors, wainscotting on walls and enormous tile bathroom with kitchenette. Home has central gas heat, central vac, and central AC.
Unit Size
5,872 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$117
Property Type
House
Property Taxes
$653
HOA Dues
-
Year Built
1958

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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 #72665849)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold
Premium
Sold
Jun 2, 2020 Listed by Century 21 North East $689,900
Listed by Century 21 North East
Nov 1, 1978 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 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: 21,385
  • Total Building Area: 3,226
  • Gross Building Area: 5,872
  • Building Area: 3,226
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,226
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000491
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413100

Geography

  • Parcel: NORW M:00021 B:00010 L:00187
  • Block: 10
  • Lot: 187
  • Municipality: NORWOOD
  • Latitude: 42.1804
  • Longitude: -71.175

    Address

  • Full Address: 4 Heather Dr
  • Address - House Number: 4
  • Address - Street Name: Heather
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norwood
  • Carrier Code: C020
  • 4-Digit Zip Code: 5614
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,036,600

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,030,158
  • High Value: 1,184,861
  • Low Value: 875,455

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $990,100
  • Assessed Land Value: $351,200
  • Assessed Improvements Value: $638,900

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1451167
  • Previous Sale Recording Date: Nov 01, 1978
  • Previous Sale Amount: $22,500
  • 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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2202 ft²

Average Home Age

63.3 years

Currently For Sale

44 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# 72665849

Frequently Asked Questions

When was property at 4 Heather Drive built and last sold?
The property at 4 Heather Drive was built in 1958 and last sold on Jul 22, 2020 for $675,000.
How much is this home worth?
The estimated value of the home located at 4 Heather Drive is $774,521.
What are some comparable homes to 4 Heather Drive?
There are currently no comparable homes to 4 Heather Drive.
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