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Norfolk 02035
5 Philip Ln
Photo of 5 Philip Ln
Sold on Jun 2, 2025

35

Map

Photo of 5 Philip Ln
Photo of 5 Philip Ln
$658,500
● House - Off Market

5 Philip Ln

Foxboro, MA 02035
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$3,309
Est. Monthly
6.93%
Cap Rate

About This Property

OFFER DEADLINE TUESDAY 4/29 @ 1PM Charming cape in a prime location!  Welcome to this 4 bedroom. 2 full bath Cape-style home in a highly desirable neighborhood.  Updates include newly installed septic, newer oil tank and brand new deck off the kitchen.  Eat in kitchen. The first floor primary bedroom and a  full bath conveniently located on the first floor, offering flexible living options. Enjoy the warmth of a fireplace in the living room and character of hardwood floors throughout. Loads of potential.  In close proximity to major routes and T. A fantastic opportunity to make this home your own!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$424
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1953

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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: 2 years ago (MLSPIN #73360934)

Price History

Date / Event Date Event Price
Jun 2, 2025 Sold
Premium
Sold
Apr 29, 2025 In contract -
In contract
Apr 23, 2025 Listed $569,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • 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: 13,667
  • Total Building Area: 1,344
  • Gross Building Area: 2,432
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000314
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Foxborough School District
  • School Tax School District: FOXBORO RGNL
  • Census Tract: 410400

Geography

  • Account Number: 280000631
  • District: 99
  • Parcel: FOXB M:028 L:114
  • Lot: 114
  • Municipality: FOXBORO
  • Latitude: 42.0868
  • Longitude: -71.227

    Address

  • Full Address: 5 Philip Ln
  • Address - House Number: 5
  • Address - Street Name: Philip
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C006
  • 4-Digit Zip Code: 1222
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $595,800

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 539,187
  • High Value: 625,539
  • Low Value: 452,834

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $441,000
  • Assessed Land Value: $212,900
  • Assessed Improvements Value: $228,100
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:

$751,700

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1464 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73360934

Frequently Asked Questions

When was property at 5 Philip Lane built and last sold?
The property at 5 Philip Lane was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Philip Lane is $576,233.
What are some comparable homes to 5 Philip Lane?
There are currently no comparable homes to 5 Philip Lane.
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