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Norfolk
7 Castle Rd
$487,500
● House - Off Market

7 Castle Rd

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,478 Ft²
$1,070,631
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

Immaculate garrison colonial w/dream kitchen in beautiful cul-d-sac neighborhood. Attached glass-filled cathedral ceiling family room with sliders to deck.  French doors & hardwood flooring enhance the fantastic open floor plan. Designer quality kitchen has huge eating area, office area, island AND breakfast bar. Spacious den w/gracious arched brick fireplace. Side entrance w/farmers porch. Huge master w/2 closets.  This home is move-in ready on a private wooded lot, look no further!
Unit Size
2,478 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$206
Property Type
House
Property Taxes
$578
HOA Dues
-
Year Built
1989

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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 #71442744)

Price History

Date / Event Date Event Price
Feb 14, 2013 Sold
Premium
Sold
Oct 2, 2012 Listed by RE/MAX Executive Realty $509,900
Listed by RE/MAX Executive Realty
Sep 11, 2002 Sold
Premium
Sold
Jul 30, 2002 Listed by Coldwell Banker Realty - Franklin $414,900
Listed by Coldwell Banker Realty - Franklin
REMARKABLE GARRISON COLONIAL STRAIGHT OUT OF "BETTER HOMES & GARDENS". HOME PROUDLY SITS ON .98 ACRES OF BEAUTIFUL LAWN & GARDENS. THE QUALITY, CONDITION AND FEATURES IN THIS HOME ARE OUTSTANDING. A MUST SEE!!!
May 31, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 6
  • Basement Area: 1,328
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,645
  • Total Building Area: 2,488
  • Gross Building Area: 4,935
  • Building Area: 2,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,488
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000979
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408103

Zoning

  • Zoning: ARII

Geography

  • Account Number: Jan 01, 1970
  • Parcel: MEDW M:55 B:083
  • Block: 83
  • Municipality: MEDWAY
  • Latitude: 42.1398
  • Longitude: -71.4595

    Address

  • Full Address: 7 Castle Rd
  • Address - House Number: 7
  • Address - Street Name: Castle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: R003
  • 4-Digit Zip Code: 2266
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,157,200

    Appraisal Valuation

  • Standard Deviation: 0.1524
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 921,966
  • High Value: 1,062,478
  • Low Value: 781,454

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $726,000
  • Assessed Land Value: $308,600
  • Assessed Improvements Value: $417,400

    Sales

  • Current Sale Recording Date: Feb 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19760
  • Previous Sale Recording Date: Feb 14, 2013
  • Previous Sale Amount: $487,500
  • Previous Sale Document Type: O
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71442744

Frequently Asked Questions

When was property at 7 Castle Road built and last sold?
The property at 7 Castle Road was built in 1989 and last sold on Jan 1, 1970 for $487,500.
How much is this home worth?
The estimated value of the home located at 7 Castle Road is $543,944.
What are some comparable homes to 7 Castle Road?
There are currently no comparable homes to 7 Castle Road.
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