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Norfolk
6 Mulberry Ln
$505,000
● House - Off Market

6 Mulberry Ln

Canton, MA 02021
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,854 Ft²
$665,532
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Opportunity Knocks!  1800+ sq foot ranch in one of Canton's most desired neighborhoods, Chapman Ridge.  Located on a cul-de-sac yet walk to train, this home features large rooms and open floorplan and vaulted ceilings.  Oversized Master suite, first floor laundry and 2.5 total baths.  Efficient Gas heat, central air and 200 amp electrical.  Enjoy one level living with your exterior lawn maintenance and community pool covered by monthly HOA fee.  Tons of expansion potential in the 1800 sq ft unfinished basement with slider walk-out.  Property needs updating throughout but is a unique opportunity at this price to update to your taste and in a prime location.  Large detached garage.
Unit Size
1,854 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$258
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1988

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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 #72612808)

Price History

Date / Event Date Event Price
Mar 13, 2020 Sold
Premium
Sold
Jan 28, 2020 Listed by William Raveis R.E. & Home Services $479,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,452
  • Total Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,854
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Canton School District
  • Census Tract: 415101

Zoning

  • Zoning: SRC

Geography

  • Account Number: 6980
  • Parcel: CANT M:15 P:142
  • Municipality: CANTON
  • Latitude: 42.163
  • Longitude: -71.1572

    Address

  • Full Address: 6 Mulberry Ln
  • Address - House Number: 6
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Canton
  • Carrier Code: C024
  • 4-Digit Zip Code: 2047
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $774,100

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 801,469
  • High Value: 936,276
  • Low Value: 666,662

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $776,400
  • Assessed Land Value: $339,300
  • Assessed Improvements Value: $437,100

    Sales

  • Current Sale Contract Date: Feb 18, 2020
  • Current Sale Recording Date: Mar 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22930
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

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72612808

Frequently Asked Questions

When was property at 6 Mulberry Lane built and last sold?
The property at 6 Mulberry Lane was built in 1988 and last sold on Feb 18, 2020 for $505,000.
How much is this home worth?
The estimated value of the home located at 6 Mulberry Lane is $504,707.
What are some comparable homes to 6 Mulberry Lane?
There are currently no comparable homes to 6 Mulberry Lane.
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