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Norwood 02062
45 Brookfield Road
$375,000
● House - Off Market

45 Brookfield Road

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,094 Ft²
$592,697
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Welcome home!  Check out this expanded cape convenient to everything that makes Norwood great!  On a side street and less than half of a mile to the town center, library, hospital, commuter rail and plenty of restaurants!  A bus route at the end of the street.  Ideal for commuters.  Newer roof (2000) and brand new garage door.  Newly refinished hardwood floors on the first and second floors.  Whether this will be your first home, you need more room or you are downsizing - come see and make this home your own.
Unit Size
1,094 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$346
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1927

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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 #72227566)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Aug 24, 2021 Listed by Keller Williams Realty $499,900
Listed by Keller Williams Realty
Nov 9, 2017 Sold
Premium
Sold
Sep 12, 2017 Listed by Keller Williams Realty $379,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 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: 4,615
  • Total Building Area: 1,103
  • Gross Building Area: 2,026
  • Building Area: 1,103
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,103
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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: 413401

Geography

  • Parcel: NORW M:00003 B:00009 L:00032
  • Block: 9
  • Lot: 32
  • Municipality: NORWOOD
  • Latitude: 42.1863
  • Longitude: -71.2079

    Address

  • Full Address: 45 Brookfield Rd
  • Address - House Number: 45
  • Address - Street Name: Brookfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C021
  • 4-Digit Zip Code: 3203
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $506,700

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 578,967
  • High Value: 676,275
  • Low Value: 481,660

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $484,000
  • Assessed Land Value: $250,700
  • Assessed Improvements Value: $233,300

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 139037
  • Previous Sale Recording Date: Nov 09, 2017
  • Previous Sale Amount: $375,000
  • 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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2219 ft²

Average Home Age

60.6 years

Currently For Sale

50 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: 5 months ago
Data Source: MLS PIN, MLS# 72227566

Frequently Asked Questions

When was property at 45 Brookfield Road built and last sold?
The property at 45 Brookfield Road was built in 1927 and last sold on Nov 1, 2021 for $520,000.
How much is this home worth?
The estimated value of the home located at 45 Brookfield Road is $497,249.
What are some comparable homes to 45 Brookfield Road?
There are currently no comparable homes to 45 Brookfield Road.
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