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Norwood 02062
5 Heather Drive
$405,000
● House - Off Market

5 Heather Drive

Norwood, MA 02062
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,136 Ft²
$958,043
RealtyHop Estimate
122.85%
Since Aug 1, 2002
MA-Boston
Primary Model

About This Property

CAREFUL, IT'S LOADED! THIS TERRIFIC 3 YR OLD 4 BED 2.5 BATH HOME IS JUST WHAT YOU'RE LOOKING FOR. WONDERFUL OPEN KITCHEN 9 FT CEILINGS, GREAT YARD, SPECTACULAR MASTER BATH & CONVEN. LOCATION - WHAT MORE COULD YOU ASK FOR? DON'T MISS OUT!
Unit Size
2,136 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$201
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1999

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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: 5 months ago (MLSPIN #30604507)

Price History

Date / Event Date Event Price
Jul 19, 2002 Sold
Premium
Sold
May 7, 2002 Listed by Dewolfe-Canton $429,900
Listed by Dewolfe-Canton

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 12,115
  • Total Building Area: 2,122
  • Gross Building Area: 3,360
  • Building Area: 2,122
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,122
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 15269-18
  • Land Acres: 0000000278
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413100

Geography

  • Parcel: NORW M:00021 B:00010 L:00209
  • Block: 10
  • Lot: 209
  • Municipality: NORWOOD
  • Latitude: 42.1802
  • Longitude: -71.1755

    Address

  • Full Address: 5 Heather Dr
  • Address - House Number: 5
  • Address - Street Name: Heather
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norwood
  • Carrier Code: C020
  • 4-Digit Zip Code: 5613
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $799,000

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 862,729
  • High Value: 996,348
  • Low Value: 729,111

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $763,100
  • Assessed Land Value: $304,400
  • Assessed Improvements Value: $458,700

    Sales

  • Current Sale Recording Date: Jul 19, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 929195
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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2178 ft²

Average Home Age

63.9 years

Currently For Sale

47 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: 5 months ago
Data Source: MLS PIN, MLS# 30604507

Frequently Asked Questions

When was property at 5 Heather Drive built and last sold?
The property at 5 Heather Drive was built in 1999 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 5 Heather Drive is $451,944.
What are some comparable homes to 5 Heather Drive?
There are currently no comparable homes to 5 Heather Drive.
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