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Norfolk
492 Park Street
$250,000
● House - Off Market

492 Park Street

Wrentham, MA 02093
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,404 Ft²
$275,316
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Nice one acre chunk of property in a great Wrentham location. Cathedral ceilings in the living space. Good layout and square footage.  The bones, foundation and systems are usable. The roof and solar equipment are less than a year old.  Interior cosmetic overhaul is needed.  Will not pass FHA.  As-is, where-is transaction only.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$178
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1935

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72915852)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Nov 3, 2021 Listed by William Raveis R.E. & Home Services $249,900
Listed by William Raveis R.E. & Home Services
Jan 30, 1998 Sold
Premium
Sold
Dec 15, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 6
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,404
  • Gross Building Area: 2,454
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • School Tax School District: WRENTHAM SD
  • Census Tract: 441204

Zoning

  • Zoning: R-43

Geography

  • Parcel: WREN M:K-13 B:02 L:01
  • Block: 2
  • Lot: 1
  • Municipality: WRENTHAM
  • Latitude: 42.0896
  • Longitude: -71.3469

    Address

  • Full Address: 492 Park St
  • Address - House Number: 492
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wrentham
  • Carrier Code: R003
  • 4-Digit Zip Code: 1031
  • Zip Code: 02093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $550,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 514,336
  • High Value: 611,728
  • Low Value: 416,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,000
  • Assessed Land Value: $274,600
  • Assessed Improvements Value: $161,400

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 155034
  • Previous Sale Recording Date: Jan 30, 1998
  • Previous Sale Amount: $155,000
  • 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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2529 ft²

Average Home Age

60.6 years

Currently For Sale

1465 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 years ago
Data Source: MLS PIN, MLS# 72915852

Frequently Asked Questions

When was property at 492 Park Street built and last sold?
The property at 492 Park Street was built in 1935 and last sold on Dec 8, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 492 Park Street is $0.
What are some comparable homes to 492 Park Street?
There are currently no comparable homes to 492 Park Street.
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