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Norwood 02062
5 Arcadia Rd
$475,000
● House - Off Market

5 Arcadia Rd

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,791 Ft²
$657,691
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to Norwood! Make this 3 bedroom 1.5 bathroom Split entry your new home! Located close to the Commuter Rail this home offers hardwood floors, Fenced in yard, In ground pool, newer electric, newer hot water heater, vinyl windows throughout, newer Garage door, Central Air, and a wonderful bonus room. Come by and see where your moving...all for the low price of $475,000.
Unit Size
1,791 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$265
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1962

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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 #72593738)

Price History

Date / Event Date Event Price
Apr 1, 2020 Sold
Premium
Sold
Nov 20, 2019 No longer available -
No longer available
Nov 12, 2019 Listed by RE/MAX Real Estate Center $525,000
Listed by RE/MAX Real Estate Center
Feb 27, 1962 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 1,549
  • Gross Building Area: 2,792
  • Building Area: 1,549
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,549
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413402

Geography

  • Parcel: NORW M:00011 B:00015 L:00048
  • Block: 15
  • Lot: 48
  • Municipality: NORWOOD
  • Latitude: 42.1772
  • Longitude: -71.2278

    Address

  • Full Address: 5 Arcadia Rd
  • Address - House Number: 5
  • Address - Street Name: Arcadia
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C031
  • 4-Digit Zip Code: 1702
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $632,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 639,631
  • High Value: 738,697
  • Low Value: 540,566

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $604,500
  • Assessed Land Value: $332,900
  • Assessed Improvements Value: $271,600

    Sales

  • Current Sale Contract Date: Apr 01, 2020
  • Current Sale Recording Date: Apr 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 14
  • Current Sale Input Document Number: 29617
  • Previous Sale Recording Date: Feb 27, 1962
  • Previous Sale Amount: $20,500
  • 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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2178 ft²

Average Home Age

63.9 years

Currently For Sale

47 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# 72593738

Frequently Asked Questions

When was property at 5 Arcadia Road built and last sold?
The property at 5 Arcadia Road was built in 1962 and last sold on Apr 1, 2020 for $475,000.
How much is this home worth?
The estimated value of the home located at 5 Arcadia Road is $489,588.
What are some comparable homes to 5 Arcadia Road?
There are currently no comparable homes to 5 Arcadia Road.
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