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Norfolk 02067
49 Magnolia Rd
$870,000
● House - Off Market

49 Magnolia Rd

Sharon, MA 02067
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,196 Ft²
$1,248,579
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

ELEGANT 4 bedroom colonial in HAMPTON ESTATES!Custom built with beautiful state of the art NEW kitchen,granite,double ovens,cooktop,dining area,built ins,pantry closets & hardwood floors-OPEN TO HUGE cathedral ceiling 24X24 family room with skylight & gas fireplace leading to one of 2 decks.Second floor offers 4 generous size bedrooms 2 full baths,master with jacuzzi,separate shower,cathedral ceiling & walk in closet.Finished basement with playroom,cedar closet.FULL BATH and extra storage closets.  Set on almost an acre of beautiful manicured grounds in a cul-de-sac! NEW ROOF,DRIVEWAY,HEATING SYSTEM,HOT WATER TANK,FRONT DOORS,SPRINKLERS!PICTURE PERFECT SAYS IT ALL!
Unit Size
3,196 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$274
Property Type
House
Property Taxes
$1,150
HOA Dues
-
Year Built
1988

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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 #72493013)

Price History

Date / Event Date Event Price
Jun 26, 2019 Sold
Premium
Sold
May 2, 2019 Listed by Coldwell Banker Residential Brokerage - Canton $875,000
Listed by Coldwell Banker Residential Brokerage - Canton

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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: 7
  • Basement Area: 1,250
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 40,005
  • Total Building Area: 3,196
  • Gross Building Area: 5,334
  • Building Area: 3,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,196
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sharon School District
  • School Tax School District: SHARON SD
  • Census Tract: 414200

Geography

  • Account Number: 6868
  • District: 266
  • Parcel: SHAR M:074 B:071 L:000
  • Block: 71
  • Municipality: SHARON
  • Latitude: 42.1061
  • Longitude: -71.1496

    Address

  • Full Address: 49 Magnolia Rd
  • Address - House Number: 49
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sharon
  • Carrier Code: C007
  • 4-Digit Zip Code: 2470
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,798,600

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,201,097
  • High Value: 1,408,483
  • Low Value: 993,711

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,023,100
  • Assessed Land Value: $425,900
  • Assessed Improvements Value: $597,200

    Sales

  • Current Sale Contract Date: Jun 26, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52033
  • Previous Sale Recording Date: Aug 13, 2015
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$756,450

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2503 ft²

Average Home Age

60.8 years

Currently For Sale

1437 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72493013

Frequently Asked Questions

When was property at 49 Magnolia Road built and last sold?
The property at 49 Magnolia Road was built in 1988 and last sold on Jun 26, 2019 for $870,000.
How much is this home worth?
The estimated value of the home located at 49 Magnolia Road is $908,461.
What are some comparable homes to 49 Magnolia Road?
There are currently no comparable homes to 49 Magnolia Road.
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