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Norwood 02062
54 Azalea Dr
$522,500
● House - Off Market

54 Azalea Dr

Norwood, MA 02062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,474 Ft²
$624,090
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Pristine one-level ranch home has been lovingly maintained over the years. Spacious living room with beautiful hardwood floors and wood-burning fireplace.   Cabinet kitchen with dining area.  Family room with skylight and master bedroom addition off of the back of the house with a full foundation.  The Master bedroom has the potential to add a second bath.  A clean and neat basement could easily be finished for more living space.  Roof and furnace less than 10 years.  Lovely yard.  One car garage.  Desirable neighborhood.  Easy access to Routes 95, 1, and the center of town.  Showings begin at open house Saturday, July 10th,  11:30 to 1:00pm
Unit Size
1,474 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$372
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #72862554)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jul 8, 2021 Listed by Compass $549,000
Listed by Compass

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 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: 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: 10,988
  • Total Building Area: 1,474
  • Gross Building Area: 3,080
  • Building Area: 1,474
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,474
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413100

Geography

  • Parcel: NORW M:00021 B:00005 L:00024
  • Block: 5
  • Lot: 24
  • Municipality: NORWOOD
  • Latitude: 42.1794
  • Longitude: -71.1779

    Address

  • Full Address: 54 Azalea Dr
  • Address - House Number: 54
  • Address - Street Name: Azalea
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norwood
  • Carrier Code: C020
  • 4-Digit Zip Code: 5606
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,400

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 644,152
  • High Value: 755,619
  • Low Value: 532,685

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $581,100
  • Assessed Land Value: $302,300
  • Assessed Improvements Value: $278,800

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108459
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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$415

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2250 ft²

Average Home Age

58.4 years

Currently For Sale

49 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 years ago
Data Source: MLS PIN, MLS# 72862554

Frequently Asked Questions

When was property at 54 Azalea Drive built and last sold?
The property at 54 Azalea Drive was built in 1955 and last sold on Jul 29, 2021 for $522,500.
How much is this home worth?
The estimated value of the home located at 54 Azalea Drive is $0.
What are some comparable homes to 54 Azalea Drive?
There are currently no comparable homes to 54 Azalea Drive.
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