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Norfolk 02067
59 Spring Lane
$511,000
● House - Off Market

59 Spring Lane

Sharon, MA 02067
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,309 Ft²
$1,017,761
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Well loved Col. w/modern,open & airy floorplan! New Windows & Fresh interior Paint. 4 spacious br's., 2.5 ba w/2,309SF of comfortable living is instantly appealing! Welcoming front porch leads to 22'LR w/bay window & hdwd.flrs. spilling into DR. Step down Familyrm. features fireplace/woodst., extended sitting area w/skylight & slider to deck. Lovely Master w/ private bath & walk in closet. Finished basemt. with movie/game area & playrm. Neighborhood setting w/close proximity to Lake,Schools & T!
Unit Size
2,309 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$217
Property Type
House
Property Taxes
$675
HOA Dues
-
Year Built
1966

Payment Calculator

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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: 4 months ago (MLSPIN #71388722)

Price History

Date / Event Date Event Price
Aug 6, 2012 Sold
Premium
Sold
May 29, 2012 Listed by Gibson Sotheby's International Realty $499,900
Listed by Gibson Sotheby's International Realty
Mar 31, 2005 Sold
Premium
Sold
Feb 1, 2005 Listed by Gibson Sotheby's International Realty $549,900
Listed by Gibson Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 7
  • Basement Area: 412
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,050
  • Total Building Area: 2,309
  • Gross Building Area: 4,229
  • Building Area: 2,309
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,309
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sharon School District
  • School Tax School District: SHARON SD
  • Census Tract: 414200

Geography

  • Account Number: 7692
  • District: 266
  • Parcel: SHAR M:062 B:060 L:000
  • Block: 60
  • Municipality: SHARON
  • Latitude: 42.1036
  • Longitude: -71.1657

    Address

  • Full Address: 59 Spring Ln
  • Address - House Number: 59
  • Address - Street Name: Spring
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Sharon
  • Carrier Code: C007
  • 4-Digit Zip Code: 2240
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,341,000

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 1,019,415
  • High Value: 1,232,765
  • Low Value: 806,065

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $762,800
  • Assessed Land Value: $402,100
  • Assessed Improvements Value: $360,700

    Sales

  • Current Sale Recording Date: Aug 06, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000009
  • Previous Sale Recording Date: Mar 31, 2005
  • Previous Sale Amount: $544,000
  • 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:

$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: 4 months ago
Data Source: MLS PIN, MLS# 71388722

Frequently Asked Questions

When was property at 59 Spring Lane built and last sold?
The property at 59 Spring Lane was built in 1966 and last sold on Jan 1, 1970 for $510,000.
How much is this home worth?
The estimated value of the home located at 59 Spring Lane is $534,289.
What are some comparable homes to 59 Spring Lane?
There are currently no comparable homes to 59 Spring Lane.
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