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Norfolk 02019
5 Morin Drive
$255,000
● House - Off Market

5 Morin Drive

Bellingham, MA 02019
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,835 Ft²
$536,711
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

New & Improved describes this Charming Cape w attached 2 car garage - approximately $60,000 spent on improvements in the last 4+ years - From the remodeled kitchen with new appliances, cabinets & corian counters, new replacement windows & doors including new garage door, water heater, upgraded electric panel, new oil tank, new vinyl siding are just some of the improvements you will find in this 4 bedroom home.  It's a MUST SEE...  Seller will negotiate offers between $250,000-$275,000.
Unit Size
1,835 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$136
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1958

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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: 4 months ago (MLSPIN #71374373)

Price History

Date / Event Date Event Price
Jul 2, 2012 Sold
Premium
Sold
Apr 27, 2012 Listed by Coldwell Banker Residential Brokerage - Franklin $250,000
Listed by Coldwell Banker Residential Brokerage - Franklin

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 964
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,835
  • Gross Building Area: 4,977
  • Building Area: 1,835
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,835
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 443103

Geography

  • Parcel: BELL M:0083 B:0115 L:0000
  • Block: 115
  • Municipality: BELLINGHAM
  • Latitude: 42.0389
  • Longitude: -71.4781

    Address

  • Full Address: 5 Morin Dr
  • Address - House Number: 5
  • Address - Street Name: Morin
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C012
  • 4-Digit Zip Code: 1933
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,700

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 537,615
  • High Value: 636,246
  • Low Value: 438,985

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,300
  • Assessed Land Value: $150,800
  • Assessed Improvements Value: $287,500

    Sales

  • Current Sale Recording Date: Jul 02, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000007
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:

$750,000

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 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: 4 months ago
Data Source: MLS PIN, MLS# 71374373

Frequently Asked Questions

When was property at 5 Morin Drive built and last sold?
The property at 5 Morin Drive was built in 1958 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 5 Morin Drive is $282,207.
What are some comparable homes to 5 Morin Drive?
There are currently no comparable homes to 5 Morin Drive.
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