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Norfolk
5 Shady Way
$396,500
● House - Off Market

5 Shady Way

Norfolk, MA 02056
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,872 Ft²
$743,311
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Lovely Classic New England Cape located at the End of the Cul-De-Sac. Hardwood in the Entry Foyer, Front to Back Great Room with gas (propane) Fireplace, Eat in Kitchen wtih Recessed Lights, Hardwood Floors,  Gas Stove, Aqua Filter under sink with separate faucet and all Kitchen Appliances included, Formal Dining Room with Hardwood and Chair Rail. Front to Back Master with Two Additional Bedrooms on the Second Floor, Walk Out Basement, Sink, Roof new last Fall with Energy Effficient Shingles, C/A, New Wood Flooring on the Deck, Interior to be Freshly Painted and Exterior Painted 2 years ago.  ADDITIONAL UNFINISHED SPACE OVER ATTACHED 2 CAR GARAGE!   Beautiful Stone Walls and Nature Year Round. Range Pricing, **Seller will negoiate offers between $399,900 and $419,900**  .
Unit Size
1,872 Ft²
Days on Market
-
Land Size
2.17 acres
Price per sqft
$214
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1993

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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: 4 months ago (MLSPIN #71660806)

Price History

Date / Event Date Event Price
Jun 12, 2014 Sold
Premium
Sold
Apr 14, 2014 Listed by Coldwell Banker Residential Brokerage - Franklin $399,900
Listed by Coldwell Banker Residential Brokerage - Franklin
Oct 20, 1997 Sold
Premium
Sold
Jul 28, 1997 Listed by Coldwell Banker Residential Brokerage - Franklin $237,900
Listed by Coldwell Banker Residential Brokerage - Franklin

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 94,640
  • Total Building Area: 1,638
  • Gross Building Area: 3,864
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002173
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409102

Geography

  • Parcel: NORF M:0012 B:0062 L:0231
  • Block: 62
  • Lot: 231
  • Municipality: NORFOLK
  • Latitude: 42.0953
  • Longitude: -71.3353

    Address

  • Full Address: 5 Shady Way
  • Address - House Number: 5
  • Address - Street Name: Shady
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R003
  • 4-Digit Zip Code: 1937
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $824,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 629,713
  • High Value: 727,408
  • Low Value: 532,017

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,700
  • Assessed Land Value: $200,400
  • Assessed Improvements Value: $329,300

    Sales

  • Current Sale Recording Date: Jun 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45738
  • Previous Sale Recording Date: Oct 20, 1997
  • Previous Sale Amount: $228,000
  • 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:

$754,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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: 4 months ago
Data Source: MLS PIN, MLS# 71660806

Frequently Asked Questions

When was property at 5 Shady Way built and last sold?
The property at 5 Shady Way was built in 1993 and last sold on Jan 1, 1970 for $396,500.
How much is this home worth?
The estimated value of the home located at 5 Shady Way is $422,081.
What are some comparable homes to 5 Shady Way?
There are currently no comparable homes to 5 Shady Way.
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