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Norfolk
5 Iarussi Way
$699,900
● House - Off Market

5 Iarussi Way

Medway, MA 02053
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,700 Ft²
$1,502,577
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Custom Home on Gorgeous Lot in Evergreen Meadows! Impeccably built w/open floor plan to allow natural sunglight throughout day. Chef's kitchen/vaulted family room w/built-in shelving, elegant dining room w/shadowbox chair rail & molding. Superbly finished Walk-out Lower Level w/Full Bath, Media Room & Game Room w/wet bar. 4 Full Exquistie Baths, 2nd Fl Laundry & Cost Effective Geothermal Heating. MEDWAY RATED BOSTON MAG, BEST PLACES LIVE. Range Pricing Removed
Unit Size
4,700 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$149
Property Type
House
Property Taxes
$1,053
HOA Dues
-
Year Built
2009

Payment Calculator

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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: 5 months ago (MLSPIN #71353464)

Price History

Date / Event Date Event Price
Aug 23, 2012 Sold
Premium
Sold
Jul 16, 2012 Sold
Premium
Sold
Mar 19, 2012 Listed by LAER Realty Partners $699,900
Listed by LAER Realty Partners
Custom Home on Gorgeous Lot in Evergreen Meadows! Impeccably built w/open floor plan to allow natural sunglight throughout day. Chef's kitchen/vaulted family room w/built-in shelving, elegant dining room w/shadowbox chair rail & molding. Superbly finished Walk-out Lower Level w/Full Bath, Media Room & Game Room w/wet bar. 4 Full Exquistie Baths, 2nd Fl Laundry & Cost Effective Geothermal Heating. MEDWAY RATED BOSTON MAG, BEST PLACES LIVE. Range Pricing Removed
Dec 5, 2011 Listed by Coldwell Banker Residential Brokerage - Franklin $729,888
Listed by Coldwell Banker Residential Brokerage - Franklin
Jul 9, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 467
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,534
  • Total Building Area: 3,557
  • Gross Building Area: 7,170
  • Building Area: 3,557
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,557
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000678
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: AR-I

Geography

  • Account Number: 5-28AAC-3
  • Parcel: MEDW M:13 B:042
  • Block: 42
  • Municipality: MEDWAY
  • Latitude: 42.1652
  • Longitude: -71.4345

    Address

  • Full Address: 5 Iarussi Way
  • Address - House Number: 5
  • Address - Street Name: Iarussi
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 2381
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,468,100

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,195,459
  • High Value: 1,398,565
  • Low Value: 992,353

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $921,000
  • Assessed Land Value: $303,500
  • Assessed Improvements Value: $617,500

    Sales

  • Current Sale Recording Date: Jul 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000008
  • Previous Sale Recording Date: Jul 09, 2009
  • Previous Sale Amount: $760,000
  • 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:

$757,450

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2497 ft²

Average Home Age

60.6 years

Currently For Sale

1397 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: 5 months ago
Data Source: MLS PIN, MLS# 71353464

Frequently Asked Questions

When was property at 5 Iarussi Way built and last sold?
The property at 5 Iarussi Way was built in 2009 and last sold on Jan 1, 1970 for $699,900.
How much is this home worth?
The estimated value of the home located at 5 Iarussi Way is $778,912.
What are some comparable homes to 5 Iarussi Way?
There are currently no comparable homes to 5 Iarussi Way.
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