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Norton Center 02766
LOT 5 Mill Lane
$515,225
● House - Off Market

LOT 5 Mill Lane

Norton, MA 02766
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,800 Ft²
$1,354,348
RealtyHop Estimate
146.29%
Since Oct 1, 2002
National-US
Primary Model

About This Property

LAST LOT ON END OF CUL DE SAC. SPACIOUS HIP ROOF COLN. MASTER BATH SUITE, JAC TUB,JULIET BALCONY IN MASTER BEDRM. 3 FIREPLACES, GENEROUS ALLOWANCES GREAT FOR ENTERTAINING OPEN FOYER, 9'CEILINGS, CATH CEILINGS,CALL TODAY!!!
Unit Size
3,800 Ft²
Days on Market
-
Land Size
4.93 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 #30600851)

Price History

Date / Event Date Event Price
Sep 4, 2002 Sold
Premium
Sold
Apr 25, 2002 Listed by Jim Mulcahy Real Estate, Inc. $549,900
Listed by Jim Mulcahy Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 258,746
  • Total Building Area: 3,776
  • Gross Building Area: 6,303
  • Building Area: 3,776
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,776
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005940
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norton School District
  • School Tax School District: NORTON SD
  • Census Tract: 611102

Zoning

  • Zoning: R60

Geography

  • Account Number: 8715
  • District: 218
  • Parcel: NORT M:17 P:226
  • Municipality: NORTON
  • Latitude: 41.9746
  • Longitude: -71.1783

    Address

  • Full Address: 5 Mill Ln
  • Address - House Number: 5
  • Address - Street Name: Mill
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Norton
  • Carrier Code: R026
  • 4-Digit Zip Code: 2343
  • Zip Code: 02766

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,143,500

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,030,238
  • High Value: 1,195,534
  • Low Value: 864,942

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $883,000
  • Assessed Land Value: $243,200
  • Assessed Improvements Value: $639,800

    Sales

  • Current Sale Recording Date: Aug 30, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33447
  • Previous Sale Recording Date: Sep 04, 2002
  • Previous Sale Amount: $515,255
  • 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 Norton Center

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$313

Above Asking

0.00%

Average Days on Market

37

Average Home Size

2208 ft²

Average Home Age

102.5 years

Currently For Sale

2 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# 30600851

Frequently Asked Questions

When was property at 5 Mill Lane built and last sold?
The property at 5 Mill Lane was built in 2001 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Mill Lane is $587,811.
What are some comparable homes to 5 Mill Lane?
There are currently no comparable homes to 5 Mill Lane.
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