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Norfolk 02054
5 Baltimore Street
$246,000
● House - Off Market

5 Baltimore Street

Millis, MA 02054
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$456,977
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

GREAT OPPORTUNITY!! Contractors, First Time Buyers, Downsizers!  This 3 bedroom, 1 bath, ranch style home has tremendous expansion potential and is waiting to be transformed into a dream home.  A quaint stone wall, large lot, ample frontage and back yard space are some  ideal features of this home. Located in a wonderful Millis neighborhood with close proximity to shopping, schools, and a vibrant town center.  Easy commute North, South, East and West via train or auto.  A  rare combination of quality, location, and neighborhood.  New septic pending- close w/ Title v cert.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$256
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1961

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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: 6 months ago (MLSPIN #71644040)

Price History

Date / Event Date Event Price
May 3, 2022 Sold
Premium
Sold
Aug 29, 2014 Sold
Premium
Sold
Mar 12, 2014 Listed by Vogt Realty Group $246,000
Listed by Vogt Realty Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 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: 15,246
  • Total Building Area: 960
  • Gross Building Area: 2,064
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:044 B:0000033
  • Block: 33
  • Municipality: MILLIS
  • Latitude: 42.1448
  • Longitude: -71.3566

    Address

  • Full Address: 5 Baltimore St
  • Address - House Number: 5
  • Address - Street Name: Baltimore
  • Address - Suffix Type: St
  • State: MA
  • City Name: Millis
  • Carrier Code: R007
  • 4-Digit Zip Code: 1701
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $626,100

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 441,373
  • High Value: 514,095
  • Low Value: 368,651

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $381,300
  • Assessed Land Value: $179,900
  • Assessed Improvements Value: $201,400

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1502528
  • Previous Sale Recording Date: Aug 29, 2014
  • Previous Sale Amount: $246,000
  • 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

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2530 ft²

Average Home Age

60.8 years

Currently For Sale

1380 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: 6 months ago
Data Source: MLS PIN, MLS# 71644040

Frequently Asked Questions

When was property at 5 Baltimore Street built and last sold?
The property at 5 Baltimore Street was built in 1961 and last sold on May 3, 2022 for $375,000.
How much is this home worth?
The estimated value of the home located at 5 Baltimore Street is $256,795.
What are some comparable homes to 5 Baltimore Street?
There are currently no comparable homes to 5 Baltimore Street.
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