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Norfolk 02019
5 Gail Drive
$490,000
● House - Off Market

5 Gail Drive

Bellingham, MA 02019
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,924 Ft²
$2,797
Est. Monthly

About This Property

This oversized raised ranch has fantastic potential and offers great areas for relaxing and entertaining. The upper level has three bedrooms and two bathrooms with a kitchen/dining area and living area with a fireplace. Below you can enter a large recreation room that has direct access to the utility room, spacious garage and a work shop. Great location to available medical, shopping, recreation and highway access. All this home need is your own special touch!
Unit Size
1,924 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$249
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1973

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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 #73207643)

Price History

Date / Event Date Event Price
Mar 22, 2024 Sold
Premium
Sold
Mar 3, 2024 In contract -
In contract
Mar 1, 2024 Listed by SD Realty Associates, LLC $479,000
Listed by SD Realty Associates, LLC
May 9, 1990 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,232
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 1,924
  • Gross Building Area: 2,828
  • Building Area: 1,924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,924
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443104

Geography

  • Parcel: BELL M:0071 B:0032 L:0000
  • Block: 32
  • Municipality: BELLINGHAM
  • Latitude: 42.0588
  • Longitude: -71.4792

    Address

  • Full Address: 5 Gail Dr
  • Address - House Number: 5
  • Address - Street Name: Gail
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C005
  • 4-Digit Zip Code: 1825
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $553,100

    Appraisal Valuation

  • Standard Deviation: 0.0704
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 95
  • Final Value: 498,576
  • High Value: 533,679
  • Low Value: 463,473

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $430,100
  • Assessed Land Value: $154,600
  • Assessed Improvements Value: $275,500

    Sales

  • Current Sale Contract Date: Mar 21, 2024
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 16486
  • Previous Sale Recording Date: May 09, 1990
  • Previous Sale Amount: $166,000
  • 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:

$755,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2563 ft²

Average Home Age

59.7 years

Currently For Sale

1395 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73207643

Frequently Asked Questions

When was property at 5 Gail Drive built and last sold?
The property at 5 Gail Drive was built in 1973 and last sold on Mar 21, 2024 for $490,000.
How much is this home worth?
The estimated value of the home located at 5 Gail Drive is $502,808.
What are some comparable homes to 5 Gail Drive?
There are currently no comparable homes to 5 Gail Drive.
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