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Norfolk
41 Stanhope Dr
$600,000
● House - Off Market

41 Stanhope Dr

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,388 Ft²
$685,520
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Welcome home to Village Green.  Large Colonial waiting for you to put your visions to use.  Hardwood floors throughout 1st & 2nd floors, 4 large bedrooms, 2 1/2 baths and a finished basement.  Basement has 2 finished rooms with cedar lined closet with closet tech, a large room with custom cabinets and entertainment center built in, large pantry for storage.  3 season porch and 2 car garage.  Inground Pool & Tennis Court in need of repair but are already in place. Home being sold AS-IS.  Mold is present in home. AC is not working.  Passed Title V.  Showings Deferred till 5/18/21.  See attached Disclosure list.  Home is perfect for a 203K.  Will not pass for FHA or MassHousing.  Buyers and buyers agent to do own due diligence.
Unit Size
2,388 Ft²
Days on Market
-
Land Size
1.59 acres
Price per sqft
$251
Property Type
House
Property Taxes
$806
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72825710)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
May 19, 2021 Listed by New World Realty $599,000
Listed by New World Realty
Aug 30, 1985 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 69,375
  • Total Building Area: 2,410
  • Gross Building Area: 4,530
  • Building Area: 2,410
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,410
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001593
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409101

Geography

  • Account Number: 18
  • Parcel: NORF M:0015 B:0054 L:0120
  • Block: 54
  • Lot: 120
  • Municipality: NORFOLK
  • Latitude: 42.1299
  • Longitude: -71.3254

    Address

  • Full Address: 41 Stanhope Dr
  • Address - House Number: 41
  • Address - Street Name: Stanhope
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R004
  • 4-Digit Zip Code: 1014
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,151,400

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 812,980
  • High Value: 950,074
  • Low Value: 675,887

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $739,500
  • Assessed Land Value: $247,000
  • Assessed Improvements Value: $492,500

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111691
  • Previous Sale Recording Date: Aug 30, 1985
  • Previous Sale Amount: $230,000
  • 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:

$754,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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: 5 years ago
Data Source: MLS PIN, MLS# 72825710

Frequently Asked Questions

When was property at 41 Stanhope Drive built and last sold?
The property at 41 Stanhope Drive was built in 1973 and last sold on Aug 27, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 41 Stanhope Drive is $0.
What are some comparable homes to 41 Stanhope Drive?
There are currently no comparable homes to 41 Stanhope Drive.
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