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Norfolk
5 Lantern Ln
$537,600
● House - Off Market

5 Lantern Ln

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,582 Ft²
$1,022,122
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

OPEN HOUSE CANCEL Sunday April 27 -Come home ! Striking and inviting Colonial home in beautiful Lafayette Estates. From the front entry to the private rear yard, a perfect home. Beautiful corian counters and media center in the oversized kitchen. 8 foot ceilings on first level. Cathedral ceiling family room w floor to ceiling fireplace and entrance to screened porch - bonus - hot tub.. Roof and Septic 10 years old. Exterior stain 2013. So much more. Front to back living room and oversized Dining. 4 Spacious bedrooms. Finished family room in basement.
Unit Size
2,582 Ft²
Days on Market
-
Land Size
1.28 acres
Price per sqft
$213
Property Type
House
Property Taxes
$679
HOA Dues
-
Year Built
1978

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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 #71653909)

Price History

Date / Event Date Event Price
Jun 27, 2014 Sold
Premium
Sold
Apr 2, 2014 Listed by Century 21 American Properties $549,900
Listed by Century 21 American Properties
Jul 18, 2003 Sold
Premium
Sold
Mar 1, 2003 Listed by Century 21 American Properties $539,900
Listed by Century 21 American Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: 10
  • 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: 55,871
  • Total Building Area: 2,582
  • Gross Building Area: 4,846
  • Building Area: 2,582
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,582
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001283
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409101

Geography

  • Account Number: 18
  • Parcel: NORF M:0025 B:0087 L:0095
  • Block: 87
  • Lot: 95
  • Municipality: NORFOLK
  • Latitude: 42.0862
  • Longitude: -71.2863

    Address

  • Full Address: 5 Lantern Ln
  • Address - House Number: 5
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R002
  • 4-Digit Zip Code: 1663
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,149,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 882,094
  • High Value: 1,018,712
  • Low Value: 745,476

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $738,100
  • Assessed Land Value: $242,300
  • Assessed Improvements Value: $495,800

    Sales

  • Current Sale Recording Date: Jun 27, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51136
  • Previous Sale Recording Date: Jul 18, 2003
  • Previous Sale Amount: $525,000
  • 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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2529 ft²

Average Home Age

60.6 years

Currently For Sale

1465 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: 5 months ago
Data Source: MLS PIN, MLS# 71653909

Frequently Asked Questions

When was property at 5 Lantern Lane built and last sold?
The property at 5 Lantern Lane was built in 1978 and last sold on Jan 1, 1970 for $537,600.
How much is this home worth?
The estimated value of the home located at 5 Lantern Lane is $576,681.
What are some comparable homes to 5 Lantern Lane?
There are currently no comparable homes to 5 Lantern Lane.
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