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Norfolk
48 7th Street
$320,000
● House - Off Market

48 7th Street

Stoughton, MA 02072
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,358 Ft²
$311,639
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

This is the one you've been waiting for!! 48 7th St will charm your socks off and has loads of potential with flexible spaces and room for expansion. The first floor consists of 2 bedrooms, a large bathroom, dining area with room for the whole family, eat in kitchen with large pantry, and a laundry room. The second floor has a flexible space that could be a home office, playroom, or you decide! The large 2nd floor storage space could provide additional space for expansion. The full basement is partially finished and has a fun entertaining space with a bar and sitting area. Large yard with detached garage and shed has numerous perennials and is a gardener's paradise! Don't miss us at our open houses Thursday 5/6 5:30-7, Saturday 5/8 12-1:30, and Sunday 5/9 12-1:30.
Unit Size
1,358 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$221
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1930

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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 #72826996)

Price History

Date / Event Date Event Price
Nov 1, 2022 Sold
Premium
Sold
Mar 11, 2022 Sold
Premium
Sold
May 6, 2021 Listed by Leading Edge Real Estate $299,900
Listed by Leading Edge Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 936
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,418
  • Total Building Area: 1,621
  • Gross Building Area: 3,013
  • Building Area: 1,621
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,621
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000331
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Stoughton School District
  • School Tax School District: STOUGHTON SD
  • Census Tract: 456102

Zoning

  • Zoning: RB

Geography

  • Account Number: 76_108
  • Parcel: STOU M:0076 B:0108 L:0000
  • Block: 108
  • Municipality: STOUGHTON
  • Latitude: 42.1148
  • Longitude: -71.0768

    Address

  • Full Address: 48 7th St
  • Address - House Number: 48
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoughton
  • Carrier Code: C015
  • 4-Digit Zip Code: 3635
  • Zip Code: 02072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $559,300

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 505,136
  • High Value: 583,221
  • Low Value: 427,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,800
  • Assessed Land Value: $182,800
  • Assessed Improvements Value: $230,000

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1512443
  • Previous Sale Recording Date: Mar 11, 2022
  • Previous Sale Contract Date: Mar 10, 2022
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: 35
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:

$753,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2523 ft²

Average Home Age

60.5 years

Currently For Sale

1450 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72826996

Frequently Asked Questions

When was property at 48 7th Street built and last sold?
The property at 48 7th Street was built in 1930 and last sold on Oct 31, 2022 for $480,000.
How much is this home worth?
The estimated value of the home located at 48 7th Street is $320,092.
What are some comparable homes to 48 7th Street?
There are currently no comparable homes to 48 7th Street.
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