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Norfolk 02081
503 North St
$684,900
● House - Off Market

503 North St

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,094 Ft²
$689,033
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

NORTH WALPOLE....    Custom Three bedroom Cape with TWO Full Baths with  many updates.  Custom kitchen with center island in a recently updated kitchen with custom cabinets and Quartz counter tops, stainless steel electric glass top stove with double oven.  Hardwood floors thru-out the home, Formal dining room with chair rail open to kitchen. Living room has a wood burning fireplace with a pellet stove insert (optional). First floor custom family room with slider off to a patio. Custom breezeway with cathedral ceiling and direct access to oversize garage with garage door opener. Newer Anderson replacement windows and doors. INTERLOCK  Aluminum roof,  Additional storage shed.
Unit Size
2,094 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$320
Property Type
House
Property Taxes
$703
HOA Dues
-
Year Built
1954

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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: 5 months ago (MLSPIN #72954586)

Price History

Date / Event Date Event Price
Jul 27, 2022 Sold
Premium
Sold
Mar 17, 2022 Listed by Jim Kinahan Real Estate $669,900
Listed by Jim Kinahan Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 5
  • 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: 40,032
  • Total Building Area: 2,094
  • Gross Building Area: 3,691
  • Building Area: 2,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,094
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: A161611029
  • District: 307
  • Parcel: WALP M:00012 B:00072 L:00000
  • Block: 72
  • Municipality: WALPOLE
  • Latitude: 42.1729
  • Longitude: -71.2525

    Address

  • Full Address: 503 North St
  • Address - House Number: 503
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: R004
  • 4-Digit Zip Code: 2213
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $944,200

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 794,221
  • High Value: 933,834
  • Low Value: 654,608

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $714,200
  • Assessed Land Value: $396,400
  • Assessed Improvements Value: $317,800

    Sales

  • Current Sale Contract Date: Jul 27, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66705
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:

$753,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2523 ft²

Average Home Age

60.5 years

Currently For Sale

1450 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: 5 months ago
Data Source: MLS PIN, MLS# 72954586

Frequently Asked Questions

When was property at 503 North Street built and last sold?
The property at 503 North Street was built in 1954 and last sold on Jul 27, 2022 for $684,900.
How much is this home worth?
The estimated value of the home located at 503 North Street is $689,781.
What are some comparable homes to 503 North Street?
There are currently no comparable homes to 503 North Street.
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