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Norfolk 02019
4 Silver Lake Road
$240,000
● House - Off Market

4 Silver Lake Road

Bellingham, MA 02019
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,755 Ft²
$657,983
RealtyHop Estimate
174.27%
Since Jun 1, 2001
National-US
Primary Model

About This Property

SECLUDED HOME ON LARGE LOT.  UPDATES INCLUDE 6 MO. CARPET OAK KIT., FLOORING, NEWER DW & STOVE, 20X20 DECK, CEN. AIR NEW EXT. DOORS, ALARM SYSTEM, ROOF REPLACED IN 1990 CORNER LOT.  THIS WILL MOVE FAST.  SHOWINGS BEGIN 3/1
Unit Size
1,755 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$137
Property Type
House
Property Taxes
$1
HOA Dues
-
Year Built
1972

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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 years ago (MLSPIN #30481409)

Price History

Date / Event Date Event Price
Jul 15, 2020 Sold
Premium
Sold
Jul 31, 2003 Sold
Premium
Sold
Mar 13, 2003 Listed $299,900
Listed
May 11, 2001 Sold
Premium
Sold
Feb 26, 2001 Listed $239,900
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 7
  • Basement Area: 1,022
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,498
  • Total Building Area: 1,756
  • Gross Building Area: 2,514
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER LAKE
  • Land Acres: 0000000884
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443104

Zoning

  • Zoning: SUBN

Geography

  • Parcel: BELL M:0072 B:0021 L:0000
  • Block: 21
  • Municipality: BELLINGHAM
  • Latitude: 42.0577
  • Longitude: -71.47

    Address

  • Full Address: 4 Silver Lake Rd
  • Address - House Number: 4
  • Address - Street Name: Silver Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C005
  • 4-Digit Zip Code: 1853
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $459,100

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 463,610
  • High Value: 537,859
  • Low Value: 389,362

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $357,000
  • Assessed Land Value: $123,200
  • Assessed Improvements Value: $233,800

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68643
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Amount: $297,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2529 ft²

Average Home Age

60.6 years

Currently For Sale

1465 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30481409

Frequently Asked Questions

When was property at 4 Silver Lake Road built and last sold?
The property at 4 Silver Lake Road was built in 1972 and last sold on Jul 15, 2020 for $6,200,000.
How much is this home worth?
The estimated value of the home located at 4 Silver Lake Road is $325,847.
What are some comparable homes to 4 Silver Lake Road?
There are currently no comparable homes to 4 Silver Lake Road.
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