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Norfolk
5 Berry Ln
$539,000
● House - Off Market

5 Berry Ln

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,704 Ft²
$1,089,762
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Spectacular custom Col.featuring a gourmet kitchen w/gran, ss,white cabs & ctr. island.Lg. eating area inside a w/out bay overlooking a flat,wooded backyard.Formal DR w/ chair rail accent &hdwd flr.Kitchen flows thru french doors to step down LR w/ fieldstone fp & outside thru sliders to priv. deck.1st flr office/bdrm;huge fam.rm w/ cath.ceil/Palladian window.Master w/ cath.ceil.&new spa bath w/ gran/jacuzzi/glass shower.Beaut. stone walls. Min. to train & restaurants.
Unit Size
2,704 Ft²
Days on Market
-
Land Size
1.45 acres
Price per sqft
$207
Property Type
House
Property Taxes
$674
HOA Dues
-
Year Built
1990

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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 months ago (MLSPIN #71557001)

Price History

Date / Event Date Event Price
Oct 18, 2013 Sold
Premium
Sold
Jul 17, 2013 Listed by William Raveis Delta REALTORS® $559,000
Listed by William Raveis Delta REALTORS®
Jul 6, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 63,276
  • Total Building Area: 2,700
  • Gross Building Area: 4,564
  • Building Area: 2,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,700
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001453
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409102

Geography

  • Parcel: NORF M:0006 B:0044 L:0018
  • Block: 44
  • Lot: 18
  • Municipality: NORFOLK
  • Latitude: 42.0926
  • Longitude: -71.3457

    Address

  • Full Address: 5 Berry Ln
  • Address - House Number: 5
  • Address - Street Name: Berry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R003
  • 4-Digit Zip Code: 1939
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,167,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 859,596
  • High Value: 992,730
  • Low Value: 726,463

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $750,100
  • Assessed Land Value: $243,400
  • Assessed Improvements Value: $506,700

    Sales

  • Current Sale Recording Date: Oct 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
  • Previous Sale Recording Date: Jul 06, 1990
  • Previous Sale Amount: $90,000
  • 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:

$754,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2524 ft²

Average Home Age

60.6 years

Currently For Sale

1457 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# 71557001

Frequently Asked Questions

When was property at 5 Berry Lane built and last sold?
The property at 5 Berry Lane was built in 1990 and last sold on Jan 1, 1970 for $539,000.
How much is this home worth?
The estimated value of the home located at 5 Berry Lane is $593,862.
What are some comparable homes to 5 Berry Lane?
There are currently no comparable homes to 5 Berry Lane.
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