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Norfolk
50 Chestnut Rd
$320,000
● House - Off Market

50 Chestnut Rd

Avon, MA 02322
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,215 Ft²
$315,203
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

OFFERS DUE BY 7:00 PM ON 12/23/21. Looking for an adorable pristine two bedroom home? Look no further. Fantastic opportunity to own a home. Freshly painted with new flooring and carpets installed throughout. Eat-in kitchen. Spacious family room. Oversized Laundry closet. Second floor walk-in 13X10 storage area has rough plumbing for future 1/2 bath. Large deck overlooking private backyard. Huge 12X12 Storage shed with electricity. Title V in hand. Great location. Quiet side street. Less than 1/2 mile to RT24. Access to the basement is under the deck.
Unit Size
1,215 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$243
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1950

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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 #72929101)

Price History

Date / Event Date Event Price
Feb 10, 2022 Sold
Premium
Sold
Dec 21, 2021 Listed by Molisse Realty Group $295,000
Listed by Molisse Realty Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 9,000
  • Total Building Area: 1,418
  • Gross Building Area: 1,780
  • Building Area: 1,418
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,418
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Avon School District
  • School Tax School District: AVON SD
  • Census Tract: 457100

Geography

  • Account Number: C5003027
  • Parcel: AVON M: 0C5 B:003 L:027
  • Block: 3
  • Lot: 27
  • Municipality: AVON
  • Latitude: 42.1278
  • Longitude: -71.0478

    Address

  • Full Address: 50 Chestnut Rd
  • Address - House Number: 50
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Avon
  • Carrier Code: C002
  • 4-Digit Zip Code: 1303
  • Zip Code: 02322

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,700

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 429,201
  • High Value: 507,347
  • Low Value: 351,055

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $351,200
  • Assessed Land Value: $186,400
  • Assessed Improvements Value: $164,800

    Sales

  • Current Sale Contract Date: Feb 10, 2022
  • Current Sale Recording Date: Feb 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12901
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

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2595 ft²

Average Home Age

59.5 years

Currently For Sale

1358 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# 72929101

Frequently Asked Questions

When was property at 50 Chestnut Road built and last sold?
The property at 50 Chestnut Road was built in 1950 and last sold on Feb 10, 2022 for $320,000.
How much is this home worth?
The estimated value of the home located at 50 Chestnut Road is $313,322.
What are some comparable homes to 50 Chestnut Road?
There are currently no comparable homes to 50 Chestnut Road.
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