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Norfolk
495 Madison St
$542,500
● House - Off Market

495 Madison St

Wrentham, MA 02093
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$624,360
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

***Offers due Monday 8/16 at 6pm.***Welcome to this charming and well maintained Gambrel Cape style home conveniently located less than a mile from 495. Exterior features durable Hardie Plank siding, replacement windows, recently stained deck and a completely fenced and level back yard. Newer tongue and groove, composite flooring in the kitchen with a slider that leads out to a screened-in room which can easily be converted to a 3 or 4 season room. Full bath near the oversized 2 car garage. Second level boasts three amply sized bedrooms and a full bath. Basement can be used as a recreational space, work area, home office or play room for the kids. Bring your ideas and explore the possibilities. It's literally seconds to major routes and highways. Only minutes to shopping, Patriots Place and the Wrentham Outlets.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$318
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1978

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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 years ago (MLSPIN #72880264)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Aug 12, 2021 Listed by Full Circle Realty LLC $550,000
Listed by Full Circle Realty LLC
Dec 14, 1998 Sold
Premium
Sold
Oct 29, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1986
  • 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: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,562
  • Total Building Area: 1,728
  • Gross Building Area: 3,456
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001023
  • 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: 441203

Zoning

  • Zoning: R-43

Geography

  • Parcel: WREN M:N-06 B:02 L:06
  • Block: 2
  • Lot: 6
  • Municipality: WRENTHAM
  • Latitude: 42.0484
  • Longitude: -71.3106

    Address

  • Full Address: 495 Madison St
  • Address - House Number: 495
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wrentham
  • Carrier Code: R002
  • 4-Digit Zip Code: 1643
  • Zip Code: 02093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $648,700

    Appraisal Valuation

  • Standard Deviation: 0.1506
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 640,714
  • High Value: 737,245
  • Low Value: 544,184

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $514,000
  • Assessed Land Value: $298,500
  • Assessed Improvements Value: $215,500

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125168
  • Previous Sale Recording Date: Dec 14, 1998
  • Previous Sale Amount: $222,000
  • 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:

$758,000

Sale Price/ft²

$431

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 years ago
Data Source: MLS PIN, MLS# 72880264

Frequently Asked Questions

When was property at 495 Madison Street built and last sold?
The property at 495 Madison Street was built in 1978 and last sold on Sep 28, 2021 for $542,500.
How much is this home worth?
The estimated value of the home located at 495 Madison Street is $0.
What are some comparable homes to 495 Madison Street?
There are currently no comparable homes to 495 Madison Street.
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