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Norfolk 02019
5 Indian Run
$240,000
● House - Off Market

5 Indian Run

Bellingham, MA 02019
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,066 Ft²
$397,219
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Don't miss this opportunity to live in the Lake Hiawatha community! Enjoy swimming, fishing, skating, boating and walks around the lake. All the big ticket items have been done for you in this 2 bedroom ranch! Updates include: new roof, 3-bedroom septic system, vinyl siding, replacement windows, tile floors and a new Weil Mclain Gold boiler. Imagine sitting on your 17' x 20' deck with your favorite beverage of choice and seasonal views of the lake! Enjoy the large family room and office in the finished walk out basement. Great for commuting - just 10 minutes to the Franklin Commuter line and Rt 495.
Unit Size
1,066 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$234
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1955

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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 #72208630)

Price History

Date / Event Date Event Price
Oct 13, 2017 Sold
Premium
Sold
Aug 3, 2017 Listed by RTN Realty Advisors LLC. $249,900
Listed by RTN Realty Advisors LLC.
Mar 23, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,839
  • Total Building Area: 726
  • Gross Building Area: 2,006
  • Building Area: 726
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 726
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000157
  • 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:0070 B:0109 L:0000
  • Block: 109
  • Municipality: BELLINGHAM
  • Latitude: 42.0558
  • Longitude: -71.491

    Address

  • Full Address: 5 Indian Run Rd
  • Address - House Number: 5
  • Address - Street Name: Indian Run
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bellingham
  • Carrier Code: R001
  • 4-Digit Zip Code: 2807
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $370,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 350,952
  • High Value: 412,978
  • Low Value: 288,927

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $288,400
  • Assessed Land Value: $116,700
  • Assessed Improvements Value: $171,700

    Sales

  • Current Sale Recording Date: Oct 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97897
  • Previous Sale Recording Date: Mar 23, 1992
  • Previous Sale Amount: $80,000
  • 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:

$754,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2524 ft²

Average Home Age

60.6 years

Currently For Sale

1457 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# 72208630

Frequently Asked Questions

When was property at 5 Indian Run Road built and last sold?
The property at 5 Indian Run Road was built in 1955 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 5 Indian Run Road is $262,729.
What are some comparable homes to 5 Indian Run Road?
There are currently no comparable homes to 5 Indian Run Road.
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