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Norfolk 02067
50 Richards Ave.
$395,000
● House - Off Market

50 Richards Ave.

Sharon, MA 02067
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$717,229
RealtyHop Estimate
83.95%
Since Nov 1, 2004
MA-Boston
Primary Model

About This Property

Hilltop hideaway!  Immaculate, well-maintained 6-rm, 3 Br Ranch sits on 3 private acres in great central location.  8' ceils, separate workshop w/wood stove & electric.  Shared driveway.  Poss. to sub-divide.  Has not been perk tested or sub-divided.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$369
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1920

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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 #70085050)

Price History

Date / Event Date Event Price
Oct 15, 2004 Sold
Premium
Sold
Sep 2, 2004 Listed by Coldwell Banker Residential Brokerage - Sharon $389,900
Listed by Coldwell Banker Residential Brokerage - Sharon

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,656
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,530
  • Total Building Area: 1,656
  • Gross Building Area: 3,942
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002997
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sharon School District
  • School Tax School District: SHARON SD
  • Census Tract: 414100

Geography

  • Account Number: 2056
  • District: 266
  • Parcel: SHAR M:119 B:015 L:000
  • Block: 15
  • Municipality: SHARON
  • Latitude: 42.1373
  • Longitude: -71.1784

    Address

  • Full Address: 50 Richards Ave
  • Address - House Number: 50
  • Address - Street Name: Richards
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Sharon
  • Carrier Code: C009
  • 4-Digit Zip Code: 1223
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,097,500

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 727,755
  • High Value: 839,825
  • Low Value: 615,684

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $624,300
  • Assessed Land Value: $399,700
  • Assessed Improvements Value: $224,600

    Sales

  • Current Sale Recording Date: Oct 15, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 163217
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70085050

Frequently Asked Questions

When was property at 50 Richards Avenue built and last sold?
The property at 50 Richards Avenue was built in 1920 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 50 Richards Avenue is $398,386.
What are some comparable homes to 50 Richards Avenue?
There are currently no comparable homes to 50 Richards Avenue.
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