For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Norfolk
7 Iarussi Way
$752,500
● House - Off Market

7 Iarussi Way

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,700 Ft²
$1,315,711
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Pristine young custom-built Colonial with elegant spaces and updated high end amenities. Lovely architectural detail throughout the home complete with crown moulding, wainscoting and hardwood flooring. Grand 2-story foyer. The tastefully appointed chef's kitchen offers expanded cabinetry, a Subzero refrigerator, Wolf stove and butler's pantry. The family room has a cathedral ceiling, built-ins and nicely detailed trim work. The first floor office includes custom cabinetry and an oversized desk. The well-appointed mudroom offers direct access to the 3 car garage. The finished lower level has a playroom and an area to exercise. Situated on beautiful, professionally landscaped lush grounds surrounded by hardscape walkways, a patio, seating walls and an irrigation system.
Unit Size
3,700 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$211
Property Type
House
Property Taxes
$1,023
HOA Dues
-
Year Built
2013

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72024372)

Price History

Date / Event Date Event Price
Aug 22, 2016 Sold
Premium
Sold
Jun 16, 2016 Listed by Hammond Residential $779,000
Listed by Hammond Residential
Nov 13, 2013 Sold
Premium
Sold
May 9, 2013 Listed by Hammond Residential $659,900
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 7
  • Basement Area: 1,632
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,051
  • Total Building Area: 2,750
  • Gross Building Area: 8,014
  • Building Area: 2,750
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,750
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000621
  • 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: 408104

Zoning

  • Zoning: AR-I

Geography

  • Account Number: 5-28AAC-4
  • Parcel: MEDW M:13 B:043
  • Block: 43
  • Municipality: MEDWAY
  • Latitude: 42.1648
  • Longitude: -71.4346

    Address

  • Full Address: 7 Iarussi Way
  • Address - House Number: 7
  • Address - Street Name: Iarussi
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 2381
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,365,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 1,121,806
  • High Value: 1,300,730
  • Low Value: 942,882

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $856,800
  • Assessed Land Value: $301,700
  • Assessed Improvements Value: $555,100

    Sales

  • Current Sale Recording Date: Aug 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83836
  • Previous Sale Recording Date: Nov 13, 2013
  • Previous Sale Amount: $720,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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:

$757,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2500 ft²

Average Home Age

60.7 years

Currently For Sale

1426 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72024372

Frequently Asked Questions

When was property at 7 Iarussi Way built and last sold?
The property at 7 Iarussi Way was built in 2013 and last sold on Jan 1, 1970 for $752,500.
How much is this home worth?
The estimated value of the home located at 7 Iarussi Way is $830,944.
What are some comparable homes to 7 Iarussi Way?
There are currently no comparable homes to 7 Iarussi Way.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Medway Homes for Sale
Medway Houses for Sale
Medway Condos for Sale
Medway Multifamily for Sale
Medway Land for Sale
Medway Commercial for Sale
Medway Homes with Basements
Medway Homes with Pools
Nearby Cities
Franklin Town Homes for Sale
Milford Homes for Sale
Medfield Homes for Sale
Bellingham Homes for Sale
Millis-Clicquot Homes for Sale
Hopedale Homes for Sale
Hopkinton Homes for Sale
Nearby Property Records
Norfolk County, MA Property Records
Providence County, RI Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Worcester County, MA Property Records
Bristol County, MA Property Records
Bristol County, RI Property Records
Kent County, RI Property Records
Nearby Counties
Franklin Town Homes for Sale
Milford Homes for Sale
Holliston Homes for Sale
Medfield Homes for Sale
Norfolk Homes for Sale
Millis Homes for Sale
Hopedale Homes for Sale
Mendon Homes for Sale
Top Real Estate Agents
Top Agents in Medway
Top Agents in Franklin Town
Top Agents in Franklin Town
Top Agents in 02038
Top Agents in 01757
Top Agents in Milford
Top Agents in Milford
Top Agents in 02019