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Norfolk 02030
48 Draper Road
$1,005,000
● House - Off Market

48 Draper Road

Dover, MA 02030
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,525 Ft²
$2,405,361
RealtyHop Estimate
109.18%
Since Dec 1, 2008
MA-Boston
Primary Model

About This Property

Move right into this Contemporary Colonial set on 1.29 acres of land.  Sun filled Gourmet Kitchen with pantry, new granite countertops, breakfast room and hardwood floors open to family room.  Beautiful living room with fireplace open to enclosed porch.  Large dining room, study and four generous bedrooms.  Two car attached garage, central air, and lovely finished lower level with family room and media room wired for surround sound.
Unit Size
4,525 Ft²
Days on Market
-
Land Size
1.29 acres
Price per sqft
$254
Property Type
House
Property Taxes
$995
HOA Dues
-
Year Built
1991

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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 years ago (MLSPIN #70560202)

Price History

Date / Event Date Event Price
Oct 19, 2020 Sold
Premium
Sold
Aug 29, 2020 Listed by Coldwell Banker Realty - Wellesley $1,395,000
Listed by Coldwell Banker Realty - Wellesley
Nov 14, 2008 Sold
Premium
Sold
Apr 17, 2007 Listed by Coldwell Banker Realty - Wellesley $1,149,900
Listed by Coldwell Banker Realty - Wellesley

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,769
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,166
  • Total Building Area: 4,832
  • Gross Building Area: 6,305
  • Building Area: 4,832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,832
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001289
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dover School District
  • Census Tract: 405100

Zoning

  • Zoning: R1

Geography

  • Parcel: DOVE M:0025 B:00003 L:000S
  • Block: 3
  • Lot: S
  • Municipality: DOVER
  • Latitude: 42.2047
  • Longitude: -71.2661

    Address

  • Full Address: 48 Draper Rd
  • Address - House Number: 48
  • Address - Street Name: Draper
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dover
  • Carrier Code: R003
  • 4-Digit Zip Code: 1648
  • Zip Code: 02030

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,753,700

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,848,679
  • High Value: 2,131,401
  • Low Value: 1,565,957

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,600,100
  • Assessed Land Value: $680,200
  • Assessed Improvements Value: $919,900

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113028
  • Previous Sale Recording Date: Nov 14, 2008
  • Previous Sale Amount: $1,005,000
  • 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

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70560202

Frequently Asked Questions

When was property at 48 Draper Road built and last sold?
The property at 48 Draper Road was built in 1991 and last sold on Oct 16, 2020 for $1,365,000.
How much is this home worth?
The estimated value of the home located at 48 Draper Road is $0.
What are some comparable homes to 48 Draper Road?
There are currently no comparable homes to 48 Draper Road.
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