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Norfolk 02035
5 Balcom Drive
$428,500
● House - Off Market

5 Balcom Drive

Foxboro, MA 02035
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,828 Ft²
$663,278
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

Remarkably well kept home in Summerfield.  Enter into the large living/dining room area with fireplace. The kitchen and breakfast area feature a vaulted ceiling with sky light, stainless steel appliances, center island and slider to patio. The master bathroom was just updated with a huge shower and fabulous rainfall shower system. Double vanity with dual sinks. The walk in closed has been customized. The upstairs den, or office if you prefer, was just completed with built in cabinets and storage. The barn door is an extra special touch. The roof was done in 2013. Summerfield amenities include the club house, pool, exercise room, tennis and play ground. FIRST SHOWING AT OPEN HOUSE - SUNDAY, AUGUST 20TH  11:00  -  1:00.
Unit Size
1,828 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$232
Property Type
House
Property Taxes
$451
HOA Dues
$131
Year Built
1993

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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 #72215648)

Price History

Date / Event Date Event Price
Oct 10, 2017 Sold
Premium
Sold
Aug 18, 2017 Listed by Monarch Realty Group, LLC $424,900
Listed by Monarch Realty Group, LLC
Aug 9, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • 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: 8,010
  • Total Building Area: 1,828
  • Gross Building Area: 2,668
  • Building Area: 1,828
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,828
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Foxborough School District
  • School Tax School District: FOXBORO RGNL
  • Census Tract: 410300

Geography

  • Account Number: 710006037
  • District: 99
  • Parcel: FOXB M:060 L:003
  • Lot: 3
  • Municipality: FOXBORO
  • Latitude: 42.0727
  • Longitude: -71.206

    Address

  • Full Address: 5 Balcom Dr
  • Address - House Number: 5
  • Address - Street Name: Balcom
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C015
  • 4-Digit Zip Code: 2237
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $704,500

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 667,544
  • High Value: 782,496
  • Low Value: 552,592

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,500
  • Assessed Land Value: $227,900
  • Assessed Improvements Value: $293,600

    Sales

  • Current Sale Recording Date: Oct 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96242
  • Previous Sale Recording Date: Aug 09, 2002
  • Previous Sale Amount: $335,900
  • 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:

$754,950

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2583 ft²

Average Home Age

59.8 years

Currently For Sale

1388 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72215648

Frequently Asked Questions

When was property at 5 Balcom Drive built and last sold?
The property at 5 Balcom Drive was built in 1993 and last sold on Jan 1, 1970 for $428,500.
How much is this home worth?
The estimated value of the home located at 5 Balcom Drive is $450,742.
What are some comparable homes to 5 Balcom Drive?
There are currently no comparable homes to 5 Balcom Drive.
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