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Norfolk
4 Nestlebrook Lane
$502,500
● House - Off Market

4 Nestlebrook Lane

Medway, MA 02053
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,288 Ft²
$1,151,679
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

A True diamond in the rough! Not your cookie cutter colonial. With just a little polish this home will sparkle! Priced $80,000 below assessed value & NOT A SHORT SALE! Spacious home with unique architectural details, built-ins & charm galore. Open foyer staircase, plus 2nd oak spiral to 2nd floor loft study. . Open custom kitchen w/ pantry & mudrm, 4 fireplaces, window seats. Cathedral family room with stone fireplace. 4 spacious beds plus 1st flr office/guest and bath. W/O basement & much more.
Unit Size
4,288 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$128
Property Type
House
Property Taxes
$915
HOA Dues
-
Year Built
1996

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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 #71447955)

Price History

Date / Event Date Event Price
Feb 11, 2013 Sold
Premium
Sold
Oct 16, 2012 Listed by Prudential Page Realty $548,500
Listed by Prudential Page Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 6
  • Basement Area: 2,024
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,170
  • Total Building Area: 3,924
  • Gross Building Area: 8,280
  • Building Area: 3,924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,924
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001014
  • 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: AR-I

Geography

  • Account Number: 8-16B-2
  • Parcel: MEDW M:03 B:027
  • Block: 27
  • Municipality: MEDWAY
  • Latitude: 42.177
  • Longitude: -71.4208

    Address

  • Full Address: 4 Nestlebrook Ln
  • Address - House Number: 4
  • Address - Street Name: Nestlebrook
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 2436
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,262,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,024,873
  • High Value: 1,198,997
  • Low Value: 850,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $791,800
  • Assessed Land Value: $309,400
  • Assessed Improvements Value: $482,400

    Sales

  • Current Sale Recording Date: Feb 11, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
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

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2528 ft²

Average Home Age

60.6 years

Currently For Sale

1364 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: 6 months ago
Data Source: MLS PIN, MLS# 71447955

Frequently Asked Questions

When was property at 4 Nestlebrook Lane built and last sold?
The property at 4 Nestlebrook Lane was built in 1996 and last sold on Jan 1, 1970 for $502,500.
How much is this home worth?
The estimated value of the home located at 4 Nestlebrook Lane is $614,112.
What are some comparable homes to 4 Nestlebrook Lane?
There are currently no comparable homes to 4 Nestlebrook Lane.
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