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Norfolk 02052
5 Clark Rd
$612,500
● House - Off Market

5 Clark Rd

Medfield, MA 02052
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,287 Ft²
$823,616
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

This is the home you have been waiting for!  Roomy 3 bedroom multi-level home that features a new kitchen, 2 new full and bathrooms that are highlighted by a clean modern look.  Refinished hardwood floors and new interior trim and doors combined with the open floor plan of this home create a wonderful space to be made your own.  New roof, vinyl siding and windows mean you will spend your time enjoying your home instead of working on it. Almost 2300 s/f of living space combined with a 2 car attached garage, composite deck, walk-out finished basement complete the package. Located in a quiet neighborhood on a corner lot with easy access to routes 109 and 27. Ready for expedient closing!
Unit Size
2,287 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$275
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1963

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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 #72648382)

Price History

Date / Event Date Event Price
Sep 15, 2020 Sold
Premium
Sold
Apr 27, 2020 Listed by Costello Realty $629,900
Listed by Costello Realty
Sep 12, 2019 Sold
Premium
Sold
Jun 20, 2019 Listed by Costello Realty $475,000
Listed by Costello Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 2
  • Basement Area: 1,248
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 2,441
  • Gross Building Area: 3,252
  • Building Area: 2,441
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,441
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406102

Zoning

  • Zoning: RT

Geography

  • Parcel: MEDF M:0028 B:0000 L:0058
  • Lot: 58
  • Municipality: MEDFIELD
  • Latitude: 42.1695
  • Longitude: -71.3011

    Address

  • Full Address: 5 Clark Rd
  • Address - House Number: 5
  • Address - Street Name: Clark
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 3102
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,094,600

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 927,220
  • High Value: 1,087,596
  • Low Value: 766,844

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $747,700
  • Assessed Land Value: $382,500
  • Assessed Improvements Value: $365,200

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96767
  • Previous Sale Recording Date: Sep 12, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $407,000
  • 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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 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# 72648382

Frequently Asked Questions

When was property at 5 Clark Road built and last sold?
The property at 5 Clark Road was built in 1963 and last sold on Sep 15, 2020 for $612,500.
How much is this home worth?
The estimated value of the home located at 5 Clark Road is $646,799.
What are some comparable homes to 5 Clark Road?
There are currently no comparable homes to 5 Clark Road.
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