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Norfolk 02052
62 Colonial Road
$424,000
● House - Off Market

62 Colonial Road

Medfield, MA 02052
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,832 Ft²
$946,006
RealtyHop Estimate
117.52%
Since Feb 1, 2003
MA-Boston
Primary Model

About This Property

UNBELIEVABLE! 4 BEDROOM COLONIAL ON NORTH SIDE OF MEDFIELD. FIREPLACED LIVING ROOM, ATTACHED FAMILY ROOM WITH SLIDERS TO SCREEN PORCH, GLEAMING HARDWOOD FLOORS THRU-OUT, ATTACHED 2 CAR GARAGE. TOWN WATER & SEWER
Unit Size
1,832 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$237
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968

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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 #30666625)

Price History

Date / Event Date Event Price
Jan 10, 2003 Sold
Premium
Sold
Nov 8, 2002 Listed by Coldwell Banker Residential Brokerage - Medfield $434,900
Listed by Coldwell Banker Residential Brokerage - Medfield

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,000
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,003
  • Total Building Area: 1,832
  • Gross Building Area: 3,454
  • Building Area: 1,832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,832
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406101

Zoning

  • Zoning: RT

Geography

  • Parcel: MEDF M:0065 B:0000 L:0009
  • Lot: 9
  • Municipality: MEDFIELD
  • Latitude: 42.2064
  • Longitude: -71.3182

    Address

  • Full Address: 62 Colonial Rd
  • Address - House Number: 62
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1108
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $982,900

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 821,753
  • High Value: 953,359
  • Low Value: 690,147

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $671,400
  • Assessed Land Value: $402,500
  • Assessed Improvements Value: $268,900

    Sales

  • Current Sale Recording Date: Jan 10, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6747
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

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30666625

Frequently Asked Questions

When was property at 62 Colonial Road built and last sold?
The property at 62 Colonial Road was built in 1968 and last sold on Jan 1, 1970 for $424,000.
How much is this home worth?
The estimated value of the home located at 62 Colonial Road is $458,784.
What are some comparable homes to 62 Colonial Road?
There are currently no comparable homes to 62 Colonial Road.
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