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Norfolk
4 Vernon Road
$340,000
● House - Off Market

4 Vernon Road

Medway, MA 02053
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,544 Ft²
$596,392
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Welcome to a Beautiful Home in Move-In Condition! Custom Kitchen w/ Maple Cabinets, Granite Counters, Tile Back splash, Island with Additional Sink, SS Appliances & Recessed Lighting. Looking for Energy Efficiency? T3-Zone Propane Heat, 1st Floor with New Baseboards, Radiant Heat in Dining Room Floor, Tank-less Water Heater, Blown-in Insulation, High Efficiency Central A/C System & Propane Cooking Stove. Upgraded Bathroom w/Custom Built-in Cabinets w/Marble Counter, Tiled Shower w/Tub. The Sunny Dining Room Leads Out to a Large Exterior Deck. Enjoy the Outdoors & Relax on your Custom Designed Patio w/Fire Pit. Fenced-in Back Yard w/Sprinkler System & Shed w/Lighting & Power. Additional Upgrades: Whole-House Water Filtration System, Plumbing Upgraded to PVC Piping, Roof '11, Newer Driveway, City Town Water/Sewer & so Much More! Easily Accessible to Major Routes.
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$214
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1959

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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 #71797187)

Price History

Date / Event Date Event Price
Apr 27, 2015 Sold
Premium
Sold
Mar 3, 2015 Listed by Century 21 Commonwealth $329,900
Listed by Century 21 Commonwealth
Feb 28, 2008 Sold
Premium
Sold
Dec 26, 2007 Listed by Century 21 Commonwealth $309,900
Listed by Century 21 Commonwealth
Feb 2, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 6
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,056
  • Gross Building Area: 2,194
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 6-390B
  • Parcel: MEDW M:33 B:049
  • Block: 49
  • Municipality: MEDWAY
  • Latitude: 42.1548
  • Longitude: -71.3922

    Address

  • Full Address: 4 Vernon Rd
  • Address - House Number: 4
  • Address - Street Name: Vernon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: C005
  • 4-Digit Zip Code: 1318
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $671,200

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 546,754
  • High Value: 639,295
  • Low Value: 454,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,100
  • Assessed Land Value: $233,200
  • Assessed Improvements Value: $187,900

    Sales

  • Current Sale Recording Date: Apr 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34215
  • Previous Sale Recording Date: Feb 28, 2008
  • Previous Sale Amount: $295,000
  • 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

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1464 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: 5 months ago
Data Source: MLS PIN, MLS# 71797187

Frequently Asked Questions

When was property at 4 Vernon Road built and last sold?
The property at 4 Vernon Road was built in 1959 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 Vernon Road is $351,220.
What are some comparable homes to 4 Vernon Road?
There are currently no comparable homes to 4 Vernon Road.
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