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Norfolk 02019
55 Ray Ave
$297,000
● House - Off Market

55 Ray Ave

Bellingham, MA 02019
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,416 Ft²
$699,316
RealtyHop Estimate
133.18%
Since Jun 1, 2003
National-US
Primary Model

About This Property

WELL-KEPT SPLIT ENTRY WITH GARAGE ON ACRE+LOT! HARDWOOD UNDER CARPET UPSTAIRS, FIREPLACED FAMILYROOM AND 4TH BEDROOM DOWN.  NEW WINDOWS. 3-SEASON PORCH AND LARGE DECK OVERLOOKING FLAT BACKYARD.  SHOWS WELL!
Unit Size
1,416 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$212
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1968

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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 #30686820)

Price History

Date / Event Date Event Price
May 30, 2003 Sold
Premium
Sold
Feb 4, 2003 Listed by RE/MAX Executive Realty $299,900
Listed by RE/MAX Executive Realty
Aug 28, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • 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: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,175
  • Total Building Area: 1,892
  • Gross Building Area: 2,672
  • Building Area: 1,892
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,892
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARLESGATE BELLINGHAM
  • Land Acres: 0000001083
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443106

Zoning

  • Zoning: SUBN

Geography

  • Parcel: BELL M:0014 B:0088 L:0000
  • Block: 88
  • Municipality: BELLINGHAM
  • Latitude: 42.1204
  • Longitude: -71.4474

    Address

  • Full Address: 55 Ray Ave
  • Address - House Number: 55
  • Address - Street Name: Ray
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C006
  • 4-Digit Zip Code: 1229
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $532,700

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 583,685
  • High Value: 677,164
  • Low Value: 490,206

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $414,200
  • Assessed Land Value: $157,600
  • Assessed Improvements Value: $256,600

    Sales

  • Current Sale Recording Date: May 30, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 28, 1992
  • Previous Sale Amount: $131,250
  • Previous Sale Document Type: 27
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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

60.2 years

Currently For Sale

1428 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# 30686820

Frequently Asked Questions

When was property at 55 Ray Avenue built and last sold?
The property at 55 Ray Avenue was built in 1968 and last sold on Jan 1, 1970 for $297,000.
How much is this home worth?
The estimated value of the home located at 55 Ray Avenue is $318,902.
What are some comparable homes to 55 Ray Avenue?
There are currently no comparable homes to 55 Ray Avenue.
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