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Norfolk 02081
4 Lorraine Rd
$727,000
● House - Off Market

4 Lorraine Rd

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,342 Ft²
$1,057,699
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Location! Location!  This 4 bedroom and 2.5 bathrooms will satisfy every buyer.  Larger windows thru-out house and amazing views from every window.  Open Family and living room combo; great size kitchen with stainless steel appliances, Many unique updates and design that needs to be seen.  Finished Basement with pool table (that stays)  Backyard is beautiful-playground structure stays.  Rough plumbing in basement for an additional bathroom.  Whirlpool tub in Master is plug-in.  Present owners have never used. Garage access into basement. Additional 866 sq. ft. in basement. Cul de sac neighborhood - Old Post Rd School/Bird Middle School districts,  This wont last...
Unit Size
2,342 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$305
Property Type
House
Property Taxes
$735
HOA Dues
-
Year Built
1986

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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 #72389748)

Price History

Date / Event Date Event Price
Oct 25, 2018 Sold
Premium
Sold
Sep 6, 2018 Listed by United Real Estate Boston Metro South - West $715,000
Listed by United Real Estate Boston Metro South - West
May 22, 2013 Sold
Premium
Sold
Mar 20, 2013 Listed by United Real Estate Boston Metro South - West $625,000
Listed by United Real Estate Boston Metro South - West
May 24, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • 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: 18
  • 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: 20,013
  • Total Building Area: 2,350
  • Gross Building Area: 4,326
  • Building Area: 2,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,350
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE PARK
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: D101007007
  • District: 307
  • Parcel: WALP M:00035 B:00008 L:00000
  • Block: 8
  • Municipality: WALPOLE
  • Latitude: 42.1458
  • Longitude: -71.2276

    Address

  • Full Address: 4 Lorraine Rd
  • Address - House Number: 4
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Walpole
  • Carrier Code: C011
  • 4-Digit Zip Code: 4200
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,110,900

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 974,151
  • High Value: 1,142,635
  • Low Value: 805,667

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $840,300
  • Assessed Land Value: $354,800
  • Assessed Improvements Value: $485,500

    Sales

  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 95645
  • Previous Sale Recording Date: May 22, 2013
  • Previous Sale Amount: $625,000
  • 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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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: 4 months ago
Data Source: MLS PIN, MLS# 72389748

Frequently Asked Questions

When was property at 4 Lorraine Road built and last sold?
The property at 4 Lorraine Road was built in 1986 and last sold on Jan 1, 1970 for $727,000.
How much is this home worth?
The estimated value of the home located at 4 Lorraine Road is $731,773.
What are some comparable homes to 4 Lorraine Road?
There are currently no comparable homes to 4 Lorraine Road.
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