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Norfolk
55 Lake Rd
Photo of 55 Lake Rd
Sold on Aug 25, 2026

42

Map

Photo of 55 Lake Rd
Photo of 55 Lake Rd
$722,500
● House - Off Market

55 Lake Rd

Canton, MA 02021
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,729 Ft²
$4,070
Est. Monthly

About This Property

NEW PRICE $735,000! Welcome to 55 Lake Rd, a lovingly maintained one-owner home in Canton's desirable Lakeside Community, offering a rare combination of history, pride of ownership, and thoughtful updates. Nestled on land that has remained in the same family for over 120 years, this special property reflects generations of care. Inside, you'll find a warm and inviting home with major improvements already completed for peace of mind, including a beautifully updated kitchen (2016), new septic system (2019), and new roof and gutters (2022). Located near Glen Echo Pond, the home offers the perfect blend of neighborhood charm, privacy, convenience, and natural beauty. A truly special opportunity to own a meticulously maintained home with timeless character in one of Canton's most sought-after lakeside neighborhoods.
Unit Size
1,729 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$425
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1973

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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: 2 months ago (MLSPIN #73521523)

Price History

Date / Event Date Event Price
Aug 25, 2026 Sold
Premium
Sold
Jul 20, 2026 In contract -
In contract
Jun 22, 2026 Price Decreased $735,000
↓ $15K (2%)
Price Decreased
Jun 1, 2026 Relisted $750,000
Relisted
May 26, 2026 In contract -
In contract
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1976
  • 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: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,500
  • Total Building Area: 1,729
  • Building Area: 1,729
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,729
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000402
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Canton School District
  • Census Tract: 415201

Zoning

  • Zoning: SRAA

Geography

  • Account Number: 5998
  • Parcel: CANT M:100 P:114
  • Municipality: CANTON
  • Latitude: 42.1555
  • Longitude: -71.089

    Address

  • Full Address: 55 Lake Rd
  • Address - House Number: 55
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Canton
  • Carrier Code: C007
  • 4-Digit Zip Code: 3517
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,400

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 625,681
  • High Value: 722,586
  • Low Value: 528,776

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $542,000
  • Assessed Land Value: $258,900
  • Assessed Improvements Value: $283,100
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:

$754,950

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2583 ft²

Average Home Age

59.8 years

Currently For Sale

1388 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73521523

Frequently Asked Questions

When was property at 55 Lake Road built and last sold?
The property at 55 Lake Road was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 55 Lake Road is $757,156.
What are some comparable homes to 55 Lake Road?
There are currently no comparable homes to 55 Lake Road.
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