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Norfolk 02035
6-8 Hillside Ave
$300,000
● House - Off Market

6-8 Hillside Ave

Foxboro, MA 02035
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,088 Ft²
$198,456
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Waterfront land on Neponset Reservoir!  Very rare opportunity to explore building a dream home with spectacular views and direct access to the lake. Current home is a cottage built in 1920 that is in need of either much renovation or to be torn down.  The property consists of 2 lots  #6 and #8 combined as one property offering a total of  .48 acres of land.  Only one home can occupy the two lots. Current home is occupied and will not be shown, please be respectful of the tenant's privacy but will be delivered vacant at closing. The Neponset Reservoir is a large body of water consisting of approx. 314 acres with 90 acres of conservation land (The Lane Property). Enjoy boating, fishing, kayaking and the beauty of wildlife just minutes from I95 in a private, quiet, natural setting. SOLD AS IS
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$184
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1920

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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 #73115119)

Price History

Date / Event Date Event Price
Aug 8, 2023 Sold
Premium
Sold
May 25, 2023 In contract -
In contract
May 23, 2023 Listed by Radius Real Estate Center, LLC $199,900
Listed by Radius Real Estate Center, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 416
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 416
  • Gross Building Area: 1,088
  • Building Area: 416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 416
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Foxborough School District
  • School Tax School District: FOXBORO RGNL
  • Census Tract: 410400

Geography

  • Account Number: 270000491
  • District: 99
  • Parcel: FOXB M:027 L:031
  • Lot: 31
  • Municipality: FOXBORO
  • Latitude: 42.0873
  • Longitude: -71.243

    Address

  • Full Address: 6 Hillside Ave
  • Address - House Number: 6
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C003
  • 4-Digit Zip Code: 1149
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $425,600

    Appraisal Valuation

  • Standard Deviation: 0.1257
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 86
  • Final Value: 399,559
  • High Value: 449,810
  • Low Value: 349,309

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $315,000
  • Assessed Land Value: $246,600
  • Assessed Improvements Value: $68,400

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Aug 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51249
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

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1464 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73115119

Frequently Asked Questions

When was property at 6 Hillside Avenue built and last sold?
The property at 6 Hillside Avenue was built in 1920 and last sold on Jul 27, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 6 Hillside Avenue is $228,534.
What are some comparable homes to 6 Hillside Avenue?
There are currently no comparable homes to 6 Hillside Avenue.
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