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Norfolk
7 Cherry Tree Lane
$302,000
● House - Off Market

7 Cherry Tree Lane

Plainville, MA 02762
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,196 Ft²
$826,835
RealtyHop Estimate
166.81%
Since Jan 1, 2002
National-US
Primary Model

About This Property

3 YR YOUNG CONTEMPORARY COLONIAL*2196 SF LIVING*3 BDRMS W/HUGE BONUS ROOM* 4TH BDRM ABOVE GARAGE* PRISTINE CONDITION WHITE KITCHEN,GREAT BACK YARD!!!
Unit Size
2,196 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$141
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1997

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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 years ago (MLSPIN #30546649)

Price History

Date / Event Date Event Price
Dec 14, 2001 Sold
Premium
Sold
Sep 26, 2001 Listed by Olde Towne REALTORS®, Inc. $309,900
Listed by Olde Towne REALTORS®, Inc.
Jul 28, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,506
  • Total Building Area: 1,836
  • Gross Building Area: 3,666
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAINVILLE
  • Land Acres: 0000000448
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • School Tax School District: PLAINVILLE SD
  • Census Tract: 440101

Geography

  • Account Number: 3385
  • Parcel: PLAI M:7 L:164
  • Lot: 164
  • Municipality: PLAINVILLE
  • Latitude: 42.0119
  • Longitude: -71.3197

    Address

  • Full Address: 7 Cherry Tree Ln
  • Address - House Number: 7
  • Address - Street Name: Cherry Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Plainville
  • Carrier Code: C013
  • 4-Digit Zip Code: 2153
  • Zip Code: 02762

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $615,600

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 649,862
  • High Value: 753,939
  • Low Value: 545,785

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $513,000
  • Assessed Land Value: $211,100
  • Assessed Improvements Value: $301,900

    Sales

  • Current Sale Recording Date: Dec 14, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 174741
  • Previous Sale Recording Date: Jul 28, 1998
  • Previous Sale Amount: $202,000
  • 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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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 years ago
Data Source: MLS PIN, MLS# 30546649

Frequently Asked Questions

When was property at 7 Cherry Tree Lane built and last sold?
The property at 7 Cherry Tree Lane was built in 1997 and last sold on Jan 1, 1970 for $302,000.
How much is this home worth?
The estimated value of the home located at 7 Cherry Tree Lane is $347,646.
What are some comparable homes to 7 Cherry Tree Lane?
There are currently no comparable homes to 7 Cherry Tree Lane.
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