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Norfolk
5 Chief Ln
$865,000
● House - Off Market

5 Chief Ln

Canton, MA 02021
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,172 Ft²
$890,499
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

This beautiful home has been loved by the same family for many years! You get the best of both worlds with this property; located in a country setting on a cul-de-sac road and only a 5 minute drive to local shopping plazas and restaurants. Close to highways, colleges and fantastic school system. Make it your own or move right in as is! It includes 5 bedrooms, 3 bathrooms, an attached 2 car garage and is set up with plumbing to add a bathroom in the basement. Formal dining room, living room, family room and attached 3 season sun room with hot tub. 1 Acre lot and circular driveway. Walk up attic, walk out full basement. Newer furnace/heating system and hot water heater. Title 5 passed. Washer and Dryer are not included in the sale.
Unit Size
3,172 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$284
Property Type
House
Property Taxes
$838
HOA Dues
-
Year Built
1988

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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 #73112582)

Price History

Date / Event Date Event Price
Sep 22, 2023 Sold
Premium
Sold
Aug 23, 2023 In contract -
In contract
Aug 8, 2023 Price Decreased $899,900
↓ $25K (2.7%)
Price Decreased
Jul 18, 2023 Price Decreased $924,900
↓ $25K (2.6%)
Price Decreased
Jul 5, 2023 Price Decreased $949,900
↓ $20K (2.1%)
Price Decreased
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,172
  • Building Area: 3,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,172
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Canton School District
  • Census Tract: 415201

Zoning

  • Zoning: SRAA

Geography

  • Account Number: 5550
  • Parcel: CANT M:99 P:8
  • Municipality: CANTON
  • Latitude: 42.1505
  • Longitude: -71.0951

    Address

  • Full Address: 5 Chief Ln
  • Address - House Number: 5
  • Address - Street Name: Chief
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Canton
  • Carrier Code: C007
  • 4-Digit Zip Code: 3557
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,056,700

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,170,850
  • High Value: 1,352,191
  • Low Value: 989,510

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,059,900
  • Assessed Land Value: $336,600
  • Assessed Improvements Value: $723,300

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1526852
  • Previous Sale Recording Date: Aug 31, 2005
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: 48
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73112582

Frequently Asked Questions

When was property at 5 Chief Lane built and last sold?
The property at 5 Chief Lane was built in 1988 and last sold on Sep 22, 2023 for $865,000.
How much is this home worth?
The estimated value of the home located at 5 Chief Lane is $892,174.
What are some comparable homes to 5 Chief Lane?
There are currently no comparable homes to 5 Chief Lane.
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