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Norfolk 02054
60 Meadow Cart Way
$317,500
● House - Off Market

60 Meadow Cart Way

Millis, MA 02054
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,452 Ft²
$622,414
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model

About This Property

CHARLES RIVER WATERFRONT HOME! LOCATED ON WOODED COUNTRY ROAD. ENJOY SPECTACULAR VIEWS OF THE RIVER FROM THE YEAR ROUND SUNROOM OR LARGE 2ND FLOOR DECK. MAJOR RENOVATIONS IN 2002.  ********OPEN HOUSE 3/21/04 CANCELLED********
Unit Size
1,452 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$227
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1938

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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 #30812945)

Price History

Date / Event Date Event Price
Jun 30, 2004 Sold
Premium
Sold
Feb 13, 2004 Listed by Louise Condon Realty $329,900
Listed by Louise Condon Realty
Jun 27, 2002 Sold
Premium
Sold
May 4, 2002 Listed by Louise Condon Realty $235,000
Listed by Louise Condon Realty
Sep 19, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 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: 10,454
  • Total Building Area: 1,452
  • Gross Building Area: 1,946
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,452
  • 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: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:027 B:0000049
  • Block: 49
  • Municipality: MILLIS
  • Latitude: 42.1763
  • Longitude: -71.3195

    Address

  • Full Address: 60 Meadow Cartway
  • Address - House Number: 60
  • Address - Street Name: Meadow Cartway
  • State: MA
  • City Name: Millis
  • Carrier Code: R007
  • 4-Digit Zip Code: 1320
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,500

    Appraisal Valuation

  • Standard Deviation: 0.1506
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 513,716
  • High Value: 591,133
  • Low Value: 436,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,000
  • Assessed Land Value: $174,000
  • Assessed Improvements Value: $224,000

    Sales

  • Current Sale Recording Date: Jun 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12024
  • Previous Sale Recording Date: Jun 27, 2002
  • Previous Sale Amount: $235,000
  • 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:

$751,700

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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30812945

Frequently Asked Questions

When was property at 60 Meadow Cartway built and last sold?
The property at 60 Meadow Cartway was built in 1938 and last sold on Jan 1, 1970 for $317,500.
How much is this home worth?
The estimated value of the home located at 60 Meadow Cartway is $344,202.
What are some comparable homes to 60 Meadow Cartway?
There are currently no comparable homes to 60 Meadow Cartway.
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