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Norfolk
5 Cranberry Meadow
$449,000
● House - Off Market

5 Cranberry Meadow

Norfolk, MA 02056
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,052 Ft²
$825,353
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Lovely Center entrance 8 Room Gambrel Cape overlooking a beautiful private 2+ acre backyard. All solid 6 panel doors. All new windows in '14; roof in '10; burner in '13; addition in '08 and a new hot water heater. House is in move in condition. Gorgeous great room with all windows and atrium door to patio area. Fireplaced family room, formal dining room and large eat in kitchen. 2 Full baths. Attached 2-car garage. Washer and dryer to stay with property.
Unit Size
2,052 Ft²
Days on Market
-
Land Size
2.20 acres
Price per sqft
$227
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1992

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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: 6 months ago (MLSPIN #71900673)

Price History

Date / Event Date Event Price
Dec 4, 2015 Sold
Premium
Sold
Sep 9, 2015 Listed by Paula Verderber Real Estate $465,000
Listed by Paula Verderber Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 95,946
  • Total Building Area: 2,052
  • Gross Building Area: 4,042
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002203
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 16
  • Parcel: NORF M:0006 B:0001 L:0024
  • Block: 1
  • Lot: 24
  • Municipality: NORFOLK
  • Latitude: 42.0957
  • Longitude: -71.3517

    Address

  • Full Address: 5 Cranberry Meadow Rd
  • Address - House Number: 5
  • Address - Street Name: Cranberry Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R003
  • 4-Digit Zip Code: 1930
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $946,800

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 727,296
  • High Value: 849,941
  • Low Value: 604,652

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $608,100
  • Assessed Land Value: $256,100
  • Assessed Improvements Value: $352,000

    Sales

  • Current Sale Recording Date: Dec 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120610

    Financing

  • First Mortgage Financing Type: ADJ
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

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2522 ft²

Average Home Age

60.6 years

Currently For Sale

1420 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: 6 months ago
Data Source: MLS PIN, MLS# 71900673

Frequently Asked Questions

When was property at 5 Cranberry Meadow Road built and last sold?
The property at 5 Cranberry Meadow Road was built in 1992 and last sold on Jan 1, 1970 for $449,000.
How much is this home worth?
The estimated value of the home located at 5 Cranberry Meadow Road is $490,187.
What are some comparable homes to 5 Cranberry Meadow Road?
There are currently no comparable homes to 5 Cranberry Meadow Road.
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