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Norwood 02062
45 Access Rd
$575,000
● House - Off Market

45 Access Rd

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,378 Ft²
$623,487
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

This must see home was built in 1958 and only one family has lived here.  Parents lived here until the age of 97 and the family describes the house as "full of nothing but love and good vibes".  Don't miss out on this immaculate and updated three bedroom ranch with a large sunroom overlooking a private backyard.  Hardwood throughout and a fireplace in the bright and sunny living room with large picture window.  Kitchen has updated cabinets and granite counters with a tiled floor.  The basement is partially finished adding 652 square feet, with a built in bar, wood burning stove, cedar closet, storage closets and half bath.  The possibilities are endless.  COVID protocol in place. Masks must be worn! Seller reserves the right to accept an offer at any time.  Open House, Saturday 2/5 - 11-1.
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$435
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1958

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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 months ago (MLSPIN #72937369)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Jan 27, 2022 Listed by Maria Henry RE Broker $600,000
Listed by Maria Henry RE Broker

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 13,892
  • Total Building Area: 1,378
  • Gross Building Area: 2,756
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000319
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413100

Geography

  • Parcel: NORW M:00021 B:00009 L:00090
  • Block: 9
  • Lot: 90
  • Municipality: NORWOOD
  • Latitude: 42.1845
  • Longitude: -71.18

    Address

  • Full Address: 45 Access Rd
  • Address - House Number: 45
  • Address - Street Name: Access
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C017
  • 4-Digit Zip Code: 5218
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $614,400

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 627,950
  • High Value: 760,554
  • Low Value: 495,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,800
  • Assessed Land Value: $307,700
  • Assessed Improvements Value: $279,100

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26698
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 Norwood

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$424

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2187 ft²

Average Home Age

63.8 years

Currently For Sale

39 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: 4 months ago
Data Source: MLS PIN, MLS# 72937369

Frequently Asked Questions

When was property at 45 Access Road built and last sold?
The property at 45 Access Road was built in 1958 and last sold on Mar 25, 2022 for $575,000.
How much is this home worth?
The estimated value of the home located at 45 Access Road is $599,908.
What are some comparable homes to 45 Access Road?
There are currently no comparable homes to 45 Access Road.
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