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Norfolk
Lot 6B Applegate Farm (Coffee/Ellis)
$227,500
● Land - Off Market

Lot 6B Applegate Farm (Coffee/Ellis)

Medway, MA 02053
bedrooms
Studio
bathrooms
0 Bath
$372,278
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Town water, sewer, gas. Site plan. Applegate Farm subdivision. Site cleared
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2016

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 #72217847)

Price History

Date / Event Date Event Price
Dec 15, 2017 Sold
Premium
Sold
Sep 11, 2017 Sold
Premium
Sold
Aug 23, 2017 Listed by William Raveis Delta REALTORS® $235,000
Listed by William Raveis Delta REALTORS®
Feb 27, 2017 Listed by William Raveis Delta REALTORS® $749,900
Listed by William Raveis Delta REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,632
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,242
  • Total Building Area: 3,119
  • Gross Building Area: 5,692
  • Building Area: 3,119
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,119
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: AR-I

Geography

  • Account Number: 6-136-12B
  • Parcel: MEDW M:32 B:005
  • Block: 5
  • Municipality: MEDWAY
  • Latitude: 42.159
  • Longitude: -71.4044

    Address

  • Full Address: 6 Applegate Rd
  • Address - House Number: 6
  • Address - Street Name: Applegate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 1457
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,375,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 1,094,264
  • High Value: 1,268,795
  • Low Value: 919,732

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $863,100
  • Assessed Land Value: $315,400
  • Assessed Improvements Value: $547,700

    Sales

  • Current Sale Recording Date: Sep 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86049
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:

$754,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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# 72217847

Frequently Asked Questions

When was property at 6 Applegate Road built and last sold?
The property at 6 Applegate Road was built in 2016 and last sold on Jan 1, 1970 for $720,000.
How much is this home worth?
The estimated value of the home located at 6 Applegate Road is $237,350.
What are some comparable homes to 6 Applegate Road?
There are currently no comparable homes to 6 Applegate Road.
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