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Norfolk
6 Lakepath Rd
$179,900
● House - Off Market

6 Lakepath Rd

Norfolk, MA 02056
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,140 Ft²
$305,374
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

GREAT OPPORTUNITY TO OWN THIS 2 BEDROOM, 2 CAR GARAGE HOME ON LARGE LOT WITH WATER VIEWS IN QUIET RESIDENTIAL AREA. PROPERTY FEATURES HARDWOOD FLOORS, LARGE LIVING ROOM WITH FIREPLACE, GOOD SIZED MASTER BEDROOM, FULL UNFINISHED BASEMENT, BREEZEWAY AND MORE!! COME SEE TODAY!!.THIS IS A FANNIE MAE HOMEPATH PROPERTY.####Multiple Offer Deadline – Mar 07, 2016, 08:16:00 AM (EST)####
Unit Size
1,140 Ft²
Days on Market
-
Land Size
2.20 acres
Price per sqft
$158
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71961511)

Price History

Date / Event Date Event Price
Jun 8, 2016 Sold
Premium
Sold
Feb 22, 2016 Listed by RE/MAX One Call Realty $179,900
Listed by RE/MAX One Call Realty
May 1, 2015 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 95,946
  • Total Building Area: 1,140
  • Gross Building Area: 2,826
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,140
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002203
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409102

Geography

  • Account Number: 308-309
  • Parcel: NORF M:0005 B:0025 L:0005
  • Block: 25
  • Lot: 5
  • Municipality: NORFOLK
  • Latitude: 42.1347
  • Longitude: -71.379

    Address

  • Full Address: 6 Lakepath Rd
  • Address - House Number: 6
  • Address - Street Name: Lakepath
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R009
  • 4-Digit Zip Code: 1228
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,800

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 432,192
  • High Value: 505,714
  • Low Value: 358,669

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $419,900
  • Assessed Land Value: $250,500
  • Assessed Improvements Value: $169,400

    Sales

  • Current Sale Recording Date: Jun 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1354740
  • Previous Sale Recording Date: May 01, 2015
  • Previous Sale Contract Date: Mar 11, 2015
  • Previous Sale Amount: $236,256
  • Previous Sale Document Type: 34
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:

$750,000

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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: 4 months ago
Data Source: MLS PIN, MLS# 71961511

Frequently Asked Questions

When was property at 6 Lake Path Drive built and last sold?
The property at 6 Lake Path Drive was built in 1956 and last sold on Jan 1, 1970 for $179,900.
How much is this home worth?
The estimated value of the home located at 6 Lake Path Drive is $198,880.
What are some comparable homes to 6 Lake Path Drive?
There are currently no comparable homes to 6 Lake Path Drive.
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