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Norfolk 02081
7 Lois Drive
$413,750
● House - Off Market

7 Lois Drive

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,973 Ft²
$751,460
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

56 Foot Split Level has 2.5 baths, 2 fireplaces and oak flooring on the main level. Generous sized eat-in kitchen plus a formal dining room.Some updating will be required for this "senior home" but the basics are in place to work with and the lot and neighborhood are both desirable. New septic system finished!!
Unit Size
1,973 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$217
Property Type
House
Property Taxes
$499
HOA Dues
-
Year Built
1967

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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 #71832323)

Price History

Date / Event Date Event Price
Nov 18, 2015 Sold
Premium
Sold
May 7, 2015 Listed by RE/MAX Landmark, REALTORS® $429,000
Listed by RE/MAX Landmark, REALTORS®

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,050
  • Total Building Area: 1,518
  • Gross Building Area: 3,100
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000942
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: A131317006
  • District: 307
  • Parcel: WALP M:00002 B:00047 L:00000
  • Block: 47
  • Municipality: WALPOLE
  • Latitude: 42.2002
  • Longitude: -71.2604

    Address

  • Full Address: 7 Lois Dr
  • Address - House Number: 7
  • Address - Street Name: Lois
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Walpole
  • Carrier Code: R004
  • 4-Digit Zip Code: 2304
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $831,800

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 710,089
  • High Value: 819,841
  • Low Value: 600,338

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,200
  • Assessed Land Value: $338,400
  • Assessed Improvements Value: $290,800

    Sales

  • Current Sale Recording Date: Nov 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 114614
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:

$755,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2563 ft²

Average Home Age

59.7 years

Currently For Sale

1395 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# 71832323

Frequently Asked Questions

When was property at 7 Lois Drive built and last sold?
The property at 7 Lois Drive was built in 1967 and last sold on Jan 1, 1970 for $413,750.
How much is this home worth?
The estimated value of the home located at 7 Lois Drive is $455,433.
What are some comparable homes to 7 Lois Drive?
There are currently no comparable homes to 7 Lois Drive.
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