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Norfolk
46 Park Street
$531,500
● House - Off Market

46 Park Street

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,830 Ft²
$684,868
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

WELCOME HOME - LOVELY 4 Bedroom classic colonial tucked away on a beautiful wooded lot yet easy access to town center and commuter rail.  Home offers many updated features - beautiful hardwood flooring in the living room, dining room, kitchen , master bedroom,  front bedroom and second floor hall - Updated Carpet in 2 Bedrooms. Updated  Sliders (2010)  - Recessed Lights (2010) -  Kitchen Renovation ( 2010 )  Cabinets, Counter tops, Fixtures -  Appliances (2020)- Interior Painting (2020)  - Master Bathroom Renovation (2020)   Other home features included -  Mature plantings, OVER SIZED Deck, Large yard, Well water for irrigation - two driveways for ample parking.   Showings being immediately - Easy to show - quick closing possible.  Offers Due Monday July 13, 5pm
Unit Size
1,830 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$273
Property Type
House
Property Taxes
$595
HOA Dues
-
Year Built
1979

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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: 6 months ago (MLSPIN #72687084)

Price History

Date / Event Date Event Price
Aug 20, 2020 Sold
Premium
Sold
Jul 8, 2020 Listed by Costello Realty $500,000
Listed by Costello Realty
Mar 28, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 30,000
  • Total Building Area: 1,830
  • Gross Building Area: 3,342
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409102

Geography

  • Parcel: NORF M:0007 B:0042 L:0015
  • Block: 42
  • Lot: 15
  • Municipality: NORFOLK
  • Latitude: 42.1021
  • Longitude: -71.3514

    Address

  • Full Address: 46 Park St
  • Address - House Number: 46
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R003
  • 4-Digit Zip Code: 1902
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $959,900

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 706,902
  • High Value: 813,559
  • Low Value: 600,246

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $616,500
  • Assessed Land Value: $213,600
  • Assessed Improvements Value: $402,900

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84916
  • Previous Sale Recording Date: Mar 28, 1997
  • Previous Sale Amount: $190,000
  • 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:

$750,000

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2528 ft²

Average Home Age

60.6 years

Currently For Sale

1364 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: 6 months ago
Data Source: MLS PIN, MLS# 72687084

Frequently Asked Questions

When was property at 46 Park Street built and last sold?
The property at 46 Park Street was built in 1979 and last sold on Aug 13, 2020 for $531,500.
How much is this home worth?
The estimated value of the home located at 46 Park Street is $521,185.
What are some comparable homes to 46 Park Street?
There are currently no comparable homes to 46 Park Street.
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