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Norfolk
5 Eric Road
$609,000
● House - Off Market

5 Eric Road

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,594 Ft²
$921,254
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Move In Ready Immaculate Four Bedroom Colonial on Level Lot In Neighborhood Features Granite Eat-In Kitchen, Open Floor Plan, Fireplaced Family Room with Slider to Screened Porch, Formal Living and Dining Rooms, Spacious Master Suite with Walk-in Closet and Tiled Shower Master Bath, New Carpeting in All Bedrooms, New Heating System 2016, Central Air 2017 on Second Floor and LG Mini Split on First Floor, Interior Recently Painted, Updated Bathrooms, Newer Garage Doors, Harvey Replacement Windows, Newer Front Walkway with Paver Design, Town Water, Well for Outdoor Watering. Ideally Located Between Boston and Providence and Close Proximity to Commuter Rail - Close to All Major Routes!
Unit Size
2,594 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$235
Property Type
House
Property Taxes
$771
HOA Dues
-
Year Built
1985

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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 #72336348)

Price History

Date / Event Date Event Price
Aug 24, 2018 Sold
Premium
Sold
May 30, 2018 Listed by Century 21 Commonwealth $609,000
Listed by Century 21 Commonwealth
Sep 7, 2016 Sold
Premium
Sold
Apr 25, 2016 Listed by Century 21 Commonwealth $569,900
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • 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: 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: 30,105
  • Total Building Area: 2,594
  • Gross Building Area: 5,028
  • Building Area: 2,594
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,594
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000691
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 5EE-17
  • District: 208
  • Parcel: NORF M:0007 B:0045 L:0043
  • Block: 45
  • Lot: 43
  • Municipality: NORFOLK
  • Latitude: 42.1034
  • Longitude: -71.3496

    Address

  • Full Address: 5 Eric Rd
  • Address - House Number: 5
  • Address - Street Name: Eric
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R003
  • 4-Digit Zip Code: 1914
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,201,500

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 862,673
  • High Value: 1,011,373
  • Low Value: 713,973

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $771,700
  • Assessed Land Value: $190,300
  • Assessed Improvements Value: $581,400

    Sales

  • Current Sale Recording Date: Aug 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1407196
  • Previous Sale Recording Date: Sep 07, 2016
  • Previous Sale Amount: $566,900
  • 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

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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# 72336348

Frequently Asked Questions

When was property at 5 Eric Road built and last sold?
The property at 5 Eric Road was built in 1985 and last sold on Jan 1, 1970 for $609,000.
How much is this home worth?
The estimated value of the home located at 5 Eric Road is $641,722.
What are some comparable homes to 5 Eric Road?
There are currently no comparable homes to 5 Eric Road.
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