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Norfolk
45 Riverside Dr
$360,000
● House - Off Market

45 Riverside Dr

Wrentham, MA 02093
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$412,465
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

ADORABLE, 2 BR RANCH STYLE,  on 2.01 acres 45 Riverside and 5 Riverside sold together !! ( 5 Riverside - NOT DEVELOPABLE). 2 BR 1 BA, FP in LIving Room. Open Floor plan, nice LARGE level lot. Basement good for storage of tools and utility/heating equipment. Beautiful stream meanders through the rear of the property on its way to Lake Pearl. Expansion possibilities. Convenient location to RT 1A , RT 495, Exit 15/38. Great first home or downsizer. Updated Electrical Panel, Furnace and Oil Tank. Laminate flooring, easy maintenance.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$385
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1966

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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 years ago (MLSPIN #72853130)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Jun 21, 2021 Listed by Best Choice Real Estate $369,900
Listed by Best Choice Real Estate

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 736
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,600
  • Total Building Area: 960
  • Gross Building Area: 1,696
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000473
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • School Tax School District: WRENTHAM SD
  • Census Tract: 441204

Zoning

  • Zoning: R-30

Geography

  • Parcel: WREN M:K-07 B:01 L:12
  • Block: 1
  • Lot: 12
  • Municipality: WRENTHAM
  • Latitude: 42.0512
  • Longitude: -71.3478

    Address

  • Full Address: 45 Riverside Dr
  • Address - House Number: 45
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wrentham
  • Carrier Code: R005
  • 4-Digit Zip Code: 1410
  • Zip Code: 02093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $499,000

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 477,861
  • High Value: 534,894
  • Low Value: 420,827

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,400
  • Assessed Land Value: $285,900
  • Assessed Improvements Value: $109,500

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150362
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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72853130

Frequently Asked Questions

When was property at 45 Riverside Drive built and last sold?
The property at 45 Riverside Drive was built in 1966 and last sold on Nov 30, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 45 Riverside Drive is $0.
What are some comparable homes to 45 Riverside Drive?
There are currently no comparable homes to 45 Riverside Drive.
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