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Norfolk 02067
49 Spring Lane
$550,000
● House - Off Market

49 Spring Lane

Sharon, MA 02067
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,976 Ft²
$982,274
RealtyHop Estimate
78.60%
Since May 1, 2015
MA-Boston
Primary Model

About This Property

Enjoy nearly 3,000 square feet of living space in this spectacular 4 bedroom, 2.5 bath contemporary with a family room/Great Room addition overlooking picturesque yard and conservation land. Updates include master bedroom addition, kitchen with silestone counters, glass tile backspash and stainless appliances, roof (2012), heating system (gas), electric (200amp) central air (2013), septic system (2014). Additional bedroom, home office, play room, half bath and plenty of storage space on the lower level which was recently updated. This magnificent home is located on a quiet side street  in a very desirable family neighborhood, close to center, houses of worship, commuter rail station, parks, playgrounds and schools.  The Town of Sharon was ranked #1 in the country as Best Places to Live.
Unit Size
2,976 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$185
Property Type
House
Property Taxes
$739
HOA Dues
-
Year Built
1965

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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 months ago (MLSPIN #71796750)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Oct 2, 2020 Listed by Keller Williams Realty $649,900
Listed by Keller Williams Realty
Apr 30, 2015 Sold
Premium
Sold
Mar 2, 2015 Listed by Keller Williams Realty $550,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 336
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 21,264
  • Total Building Area: 1,600
  • Gross Building Area: 3,456
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000488
  • 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: 356
  • District: 266
  • Parcel: SHAR M:062 B:062 L:000
  • Block: 62
  • Municipality: SHARON
  • Latitude: 42.1041
  • Longitude: -71.1661

    Address

  • Full Address: 49 Spring Ln
  • Address - House Number: 49
  • Address - Street Name: Spring
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Sharon
  • Carrier Code: C007
  • 4-Digit Zip Code: 2240
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,178,200

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 781,478
  • High Value: 915,261
  • Low Value: 647,695

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $670,200
  • Assessed Land Value: $406,200
  • Assessed Improvements Value: $264,000

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130307
  • Previous Sale Recording Date: Apr 30, 2015
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: O
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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 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: 4 months ago
Data Source: MLS PIN, MLS# 71796750

Frequently Asked Questions

When was property at 49 Spring Lane built and last sold?
The property at 49 Spring Lane was built in 1965 and last sold on Oct 27, 2020 for $655,000.
How much is this home worth?
The estimated value of the home located at 49 Spring Lane is $688,473.
What are some comparable homes to 49 Spring Lane?
There are currently no comparable homes to 49 Spring Lane.
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