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Norfolk 02019
6 Penny Lane
$475,000
● House - Off Market

6 Penny Lane

Bellingham, MA 02019
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,376 Ft²
$683,550
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Pack your belongings and move into this beautiful home located in a cul-de-sac neighborhood. This home offers wood flooring on the first floor, fireplace, kitchen with granite counters and newer stainless steel appliances. There is surround sound on the first floor with many built-in speakers. This home offers much for the technology savvy family from the NEST thermostat to the 6 LAN ethernet wiring throughout. Enjoy your summers relaxing and entertaining on your back deck overlooking the above ground pool and gorgeous private backyard. Newly refinished game room, lots of storage, security system, irrigation and so much more make this the perfect home for you.
Unit Size
2,376 Ft²
Days on Market
-
Land Size
2.22 acres
Price per sqft
$196
Property Type
House
Property Taxes
$526
HOA Dues
-
Year Built
2000

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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: 6 months ago (MLSPIN #72492699)

Price History

Date / Event Date Event Price
Jun 26, 2019 Sold
Premium
Sold
May 2, 2019 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $465,000
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
Feb 27, 2009 Sold
Premium
Sold
Jan 9, 2009 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $424,900
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
Mar 30, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 96,703
  • Total Building Area: 2,450
  • Gross Building Area: 4,076
  • Building Area: 2,450
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,450
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443104

Geography

  • Parcel: BELL M:0075 B:007A L:0007
  • Block: 7A
  • Lot: 7
  • Municipality: BELLINGHAM
  • Latitude: 42.0518
  • Longitude: -71.487

    Address

  • Full Address: 6 Penny Ln
  • Address - House Number: 6
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Bellingham
  • Carrier Code: R001
  • 4-Digit Zip Code: 1763
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $782,700

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 738,250
  • High Value: 853,478
  • Low Value: 623,022

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $608,600
  • Assessed Land Value: $176,200
  • Assessed Improvements Value: $432,400

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51961
  • Previous Sale Recording Date: Feb 27, 2009
  • Previous Sale Amount: $408,000
  • 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:

$750,000

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2532 ft²

Average Home Age

60.6 years

Currently For Sale

1358 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: 6 months ago
Data Source: MLS PIN, MLS# 72492699

Frequently Asked Questions

When was property at 6 Penny Lane built and last sold?
The property at 6 Penny Lane was built in 2000 and last sold on May 1, 2019 for $475,000.
How much is this home worth?
The estimated value of the home located at 6 Penny Lane is $495,908.
What are some comparable homes to 6 Penny Lane?
There are currently no comparable homes to 6 Penny Lane.
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