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Norfolk
504 Bay Rd
$500,000
● House - Off Market

504 Bay Rd

Stoughton, MA 02072
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,706 Ft²
$471,568
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to this charming Cape Cod-style single-family home in Stoughton, MA, situated on the town line of Sharon. This 4-bedroom, 2-bathroom home offers a spacious living area of 1,706 sqft on a massive 24,873 sqft corner lot. Enjoy the large sun porch and the convenience of being on the Sharon electrical grid. With forced hot air heating and central A/C, comfort is assured throughout the year. This home presents a great opportunity for buyers to add their personal touch with some TLC and cosmetic updates. Complete with a 1-car garage and a private septic system, this home is priced to sell. Don't miss the chance to own this Stoughton gem! Offer Deadline Monday @12pm.
Unit Size
1,706 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$278
Property Type
House
Property Taxes
$505
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: 5 months ago (MLSPIN #73138985)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
Jul 26, 2023 In contract -
In contract
Jul 20, 2023 Listed by Zander Realty Group $475,000
Listed by Zander Realty Group
Jan 24, 2017 Sold
Premium
Sold
Jul 12, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 832
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,873
  • Total Building Area: 1,706
  • Gross Building Area: 2,788
  • Building Area: 1,706
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,706
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000571
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Stoughton School District
  • School Tax School District: STOUGHTON SD
  • Census Tract: 456401

Zoning

  • Zoning: RC

Geography

  • Account Number: 1_009
  • Parcel: STOU M:0001 B:0009 L:0000
  • Block: 9
  • Municipality: STOUGHTON
  • Latitude: 42.1258
  • Longitude: -71.1461

    Address

  • Full Address: 504 Bay Rd
  • Address - House Number: 504
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Stoughton
  • Carrier Code: C009
  • 4-Digit Zip Code: 3954
  • Zip Code: 02072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $605,800

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 567,965
  • High Value: 667,366
  • Low Value: 468,563

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,100
  • Assessed Land Value: $199,200
  • Assessed Improvements Value: $247,900

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56918
  • Previous Sale Recording Date: Jan 24, 2017
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: O
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:

$757,450

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2497 ft²

Average Home Age

60.6 years

Currently For Sale

1397 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: 5 months ago
Data Source: MLS PIN, MLS# 73138985

Frequently Asked Questions

When was property at 504 Bay Road built and last sold?
The property at 504 Bay Road was built in 1953 and last sold on Aug 31, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 504 Bay Road is $494,436.
What are some comparable homes to 504 Bay Road?
There are currently no comparable homes to 504 Bay Road.
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