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Medford 02155 West Medford
58 Norwich Cir
$779,000
● House - Off Market

58 Norwich Cir

Medford, MA 02155
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,524 Ft²
$838,174
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Classic Cape located in the desirable Brooks Estate neighborhood. Move-in ready home with updated kitchens and baths. Hardwood floors throughout. Great natural light! Basement set up for excellent storage, wood shop, work out room. Lovely backyard space with patio for entertaining. Close to MBTA commuter rail, Mystic Lakes, and downtown Winchester restaurants and dining.
Unit Size
1,524 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$541
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #72970092)

Price History

Date / Event Date Event Price
Jun 27, 2022 Sold
Premium
Sold
Apr 21, 2022 Listed by LAER Realty Partners $824,900
Listed by LAER Realty Partners
Jun 19, 2013 Sold
Premium
Sold
May 3, 2013 Listed by LAER Realty Partners $469,000
Listed by LAER Realty Partners
May 25, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 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: 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: 7,404
  • Total Building Area: 1,524
  • Gross Building Area: 2,484
  • Building Area: 1,524
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW PARK
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medford School District
  • School Tax School District: MEDFORD SD
  • Census Tract: 339200

Geography

  • Account Number: 1753
  • Parcel: MEDF M:E-01 B:0001
  • Block: 1
  • Municipality: MEDFORD
  • Latitude: 42.4336
  • Longitude: -71.1446

    Address

  • Full Address: 58 Norwich Cir
  • Address - House Number: 58
  • Address - Street Name: Norwich
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Medford
  • Carrier Code: C050
  • 4-Digit Zip Code: 1439
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $603,300

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 845,036
  • High Value: 991,717
  • Low Value: 698,354

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $697,500
  • Assessed Land Value: $453,000
  • Assessed Improvements Value: $244,500

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jun 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96381
  • Previous Sale Recording Date: Jun 19, 2013
  • Previous Sale Amount: $469,000
  • 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 West Medford

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$496

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2208 ft²

Average Home Age

58.8 years

Currently For Sale

19 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

Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72970092

Frequently Asked Questions

When was property at 58 Norwich Circle built and last sold?
The property at 58 Norwich Circle was built in 1950 and last sold on Jun 27, 2022 for $779,000.
How much is this home worth?
The estimated value of the home located at 58 Norwich Circle is $806,143.
What are some comparable homes to 58 Norwich Circle?
There are currently no comparable homes to 58 Norwich Circle.
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