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Norfolk 02081
40 Mill Brook Ave.
$948,405
● House - Off Market

40 Mill Brook Ave.

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,052 Ft²
$1,533,263
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Welcome to High Oaks Estates! Walpole's newest luxury, single family community. Duke Cohasset to-be-built floorplan features grand two-story foyer with turned staircase, gourmet kitchen with large island, a walk-in pantry, a desk, and an adjoining breakfast area. The sunlit two-story family room boasts an array of windows and a fireplace.  Other luxurious features include cement siding, elegant kitchens with granite counter tops, kitchenaid stainless steel appliances and 42" maple cabinets.  Also included: hardwood flooring, luxurious tile packages, nine-foot ceilings throughout and many others. Other floorplans also available to be built on this home site.
Unit Size
4,052 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$217
Property Type
House
Property Taxes
$1
HOA Dues
-
Year Built
2015

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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 #71561321)

Price History

Date / Event Date Event Price
Jun 25, 2015 Sold
Premium
Sold
Jul 27, 2013 Listed by Verderber Real Estate, Inc. $880,495
Listed by Verderber Real Estate, Inc.

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: 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: 9

    Dimensions

  • Lot Size Square Feet: 40,012
  • Total Building Area: 4,070
  • Gross Building Area: 7,540
  • Building Area: 4,070
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,070
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: B040417104
  • District: 307
  • Parcel: WALP M:00011 B:00092 L:00000
  • Block: 92
  • Municipality: WALPOLE
  • Latitude: 42.17
  • Longitude: -71.2736

    Address

  • Full Address: 40 Mill Brook Ave
  • Address - House Number: 40
  • Address - Street Name: Mill Brook
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Walpole
  • Carrier Code: R001
  • 4-Digit Zip Code: 2163
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,809,200

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,533,710
  • High Value: 1,779,338
  • Low Value: 1,288,082

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,368,500
  • Assessed Land Value: $455,100
  • Assessed Improvements Value: $913,400

    Sales

  • Current Sale Recording Date: Jun 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58029
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

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71561321

Frequently Asked Questions

When was property at 40 Mill Brook Avenue built and last sold?
The property at 40 Mill Brook Avenue was built in 2015 and last sold on Jan 1, 1970 for $948,405.
How much is this home worth?
The estimated value of the home located at 40 Mill Brook Avenue is $0.
What are some comparable homes to 40 Mill Brook Avenue?
There are currently no comparable homes to 40 Mill Brook Avenue.
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