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Norfolk 02019
550 Wrentham Road
$300,100
● House - Off Market

550 Wrentham Road

Bellingham, MA 02019
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,232 Ft²
$301,779
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Unique 2 bedroom home is ready to sell and available for a quick close. This home features a deck off the second floor bedroom, a bonus space on the second floor great for an office or additional living room, a Jacuzzi tub in the main floor bathroom, and a ductless mini-split air conditioning/heating unit. The landscaping features a large backyard overlooking majestic pines creating a nice private area. Perfect home for downsizing or 1st time buyers. Minutes to shopping & major highway. Don't pass this one up!!      Seller working on design and permitting of new septic system.  Seller will replace septic prior to closing or will fund an escrow holdback agreement.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$226
Property Type
House
Property Taxes
$302
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 months ago (MLSPIN #72919366)

Price History

Date / Event Date Event Price
Jan 31, 2022 Sold
Premium
Sold
Nov 11, 2021 Listed by Costello Realty $279,000
Listed by Costello Realty
Feb 23, 2004 Sold
Premium
Sold
Jul 18, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 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: 15,002
  • Total Building Area: 1,232
  • Gross Building Area: 1,424
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 443103

Geography

  • Parcel: BELL M:0097 B:0009 L:0000
  • Block: 9
  • Municipality: BELLINGHAM
  • Latitude: 42.0247
  • Longitude: -71.4627

    Address

  • Full Address: 550 Wrentham Rd
  • Address - House Number: 550
  • Address - Street Name: Wrentham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C003
  • 4-Digit Zip Code: 2618
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $400,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 367,307
  • High Value: 430,580
  • Low Value: 304,034

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $311,300
  • Assessed Land Value: $114,600
  • Assessed Improvements Value: $196,700

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9611
  • Previous Sale Recording Date: Feb 23, 2004
  • Previous Sale Amount: $170,000
  • 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# 72919366

Frequently Asked Questions

When was property at 550 Wrentham Road built and last sold?
The property at 550 Wrentham Road was built in 1955 and last sold on Jan 31, 2022 for $300,100.
How much is this home worth?
The estimated value of the home located at 550 Wrentham Road is $297,422.
What are some comparable homes to 550 Wrentham Road?
There are currently no comparable homes to 550 Wrentham Road.
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