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Norfolk
41 Temple Street
$324,000
● House - Off Market

41 Temple Street

Medway, MA 02053
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,950 Ft²
$946,440
RealtyHop Estimate
186.89%
Since Nov 1, 2000
National-US
Primary Model

About This Property

BEAUTIFUL 4 BEDROOM COLONIAL SHOWS LIKE NEW. TILE FOYER. OAK KITCHEN CABINETS,FRONT TO BACK FIREPLACED GREAT RM WITH WALK-OUT BAY.CENTRAL AIR. ROUGHED FOR CENTRAL VAC.OVERSIZED 2C GARAGE. LARGE LEVEL LOT IN GREAT SUBDIVISION.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$169
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1994

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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 #30428082)

Price History

Date / Event Date Event Price
Oct 6, 2000 Sold
Premium
Sold
Jul 13, 2000 Listed $329,900
Listed
Aug 31, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 912
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,174
  • Total Building Area: 1,950
  • Gross Building Area: 3,672
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000532
  • 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: 408102

Zoning

  • Zoning: ARII

Geography

  • Account Number: 5-256-12
  • Parcel: MEDW M:39 B:036
  • Block: 36
  • Municipality: MEDWAY
  • Latitude: 42.1506
  • Longitude: -71.4231

    Address

  • Full Address: 41 Temple St
  • Address - House Number: 41
  • Address - Street Name: Temple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medway
  • Carrier Code: C006
  • 4-Digit Zip Code: 2193
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $912,700

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 713,908
  • High Value: 824,478
  • Low Value: 603,339

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $572,600
  • Assessed Land Value: $294,800
  • Assessed Improvements Value: $277,800

    Sales

  • Current Sale Recording Date: Oct 06, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 31, 1994
  • Previous Sale Amount: $218,425
  • 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

2564 ft²

Average Home Age

60.2 years

Currently For Sale

1428 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# 30428082

Frequently Asked Questions

When was property at 41 Temple Street built and last sold?
The property at 41 Temple Street was built in 1994 and last sold on Jan 1, 1970 for $324,000.
How much is this home worth?
The estimated value of the home located at 41 Temple Street is $0.
What are some comparable homes to 41 Temple Street?
There are currently no comparable homes to 41 Temple Street.
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