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Bristol 02766
7 Gaffney Farm Drive
$425,000
● House - Off Market

7 Gaffney Farm Drive

Norton, MA 02766
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,056 Ft²
$625,744
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Nice colonial in Norton under $400K!!! This sale is contingent on lien holders approval of short sale but will be well worth the wait. Very large front to back family room with propane fireplace, nice office with sliders offers lots of natural light, large kitchen, dining room and half bath w/ laundry complete the first floor. Upstairs you will find a large master with master bath and walk-in closet and 3 additional bedrooms. The basement is finished and will make a great play room or man cave. The water heater was replaced 1.5 years ago, the septic system was replaced in 2004. This home is in need of cosmetic updates, new carpet and fresh paint.. this is a fantastic home in a great neighborhood for under $400K for someone who is willing to be patient with the short sale proceess.
Unit Size
2,056 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$192
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
2001

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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: 6 months ago (MLSPIN #72159846)

Price History

Date / Event Date Event Price
Dec 11, 2017 Sold
Premium
Sold
May 6, 2017 Listed by EXIT Realty Professionals $395,000
Listed by EXIT Realty Professionals
Aug 3, 2004 Sold
Premium
Sold
Mar 25, 2004 Listed by EXIT Realty Professionals $479,900
Listed by EXIT Realty Professionals

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 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: 40,002
  • Total Building Area: 2,056
  • Gross Building Area: 2,060
  • Building Area: 2,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norton School District
  • School Tax School District: NORTON SD
  • Census Tract: 611201

Zoning

  • Zoning: R60

Geography

  • Account Number: 7760
  • District: 218
  • Parcel: NORT M:32 P:137
  • Municipality: NORTON
  • Latitude: 41.9366
  • Longitude: -71.1805

    Address

  • Full Address: 7 Gaffney Farm Dr
  • Address - House Number: 7
  • Address - Street Name: Gaffney Farm
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Norton
  • Carrier Code: R023
  • 4-Digit Zip Code: 3467
  • Zip Code: 02766

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $765,000

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 679,114
  • High Value: 799,568
  • Low Value: 558,660

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $590,700
  • Assessed Land Value: $214,400
  • Assessed Improvements Value: $376,300

    Sales

  • Current Sale Recording Date: Dec 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49919
  • Previous Sale Recording Date: Aug 03, 2004
  • Previous Sale Amount: $468,000
  • 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 Bristol

Stats & Trends

Median Asking:

$549,999

Sale Price/ft²

$309

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2280 ft²

Average Home Age

72.5 years

Currently For Sale

1143 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72159846

Frequently Asked Questions

When was property at 7 Gaffney Farm Drive built and last sold?
The property at 7 Gaffney Farm Drive was built in 2001 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 7 Gaffney Farm Drive is $413,852.
What are some comparable homes to 7 Gaffney Farm Drive?
There are currently no comparable homes to 7 Gaffney Farm Drive.
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