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Norfolk
7 Ohlson Circle
$394,000
● House - Off Market

7 Ohlson Circle

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,800 Ft²
$843,503
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

REMODELED COLONIAL on 1.7 acres with 2 car garage PLUS 3 bay garage (30x20) with loft & electricity.PLUS barn 16x12 with loft & attached 18x12 walk in.  Great Horse Property. Eat in kitchen with new cabinets and granite countertops, ceramic tile flooring & stainless appliances. New baths. Freshly painted interior. Fireside familyroom. Light & bright 3 season room. Set in sought after neighborhood yet offers privacy. Title v in hand. Move in and enjoy!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$228
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1975

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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 #71453222)

Price History

Date / Event Date Event Price
Mar 29, 2013 Sold
Premium
Sold
Nov 1, 2012 Listed by RE/MAX Executive Realty $409,900
Listed by RE/MAX Executive Realty
Sep 10, 2012 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • 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: 7
  • Basement Area: 864
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 73,834
  • Total Building Area: 1,800
  • Gross Building Area: 2,874
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001695
  • 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: 5-305
  • Parcel: MEDW M:14 B:023
  • Block: 23
  • Municipality: MEDWAY
  • Latitude: 42.1672
  • Longitude: -71.4251

    Address

  • Full Address: 7 Ohlson Cir
  • Address - House Number: 7
  • Address - Street Name: Ohlson
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Medway
  • Carrier Code: C004
  • 4-Digit Zip Code: 2012
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $901,600

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 683,917
  • High Value: 799,673
  • Low Value: 568,161

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $565,600
  • Assessed Land Value: $312,800
  • Assessed Improvements Value: $252,800

    Sales

  • Current Sale Recording Date: Mar 29, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000003
  • Previous Sale Recording Date: Sep 10, 2012
  • Previous Sale Amount: $311,000
  • 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

$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 months ago
Data Source: MLS PIN, MLS# 71453222

Frequently Asked Questions

When was property at 7 Ohlson Circle built and last sold?
The property at 7 Ohlson Circle was built in 1975 and last sold on Jan 1, 1970 for $394,000.
How much is this home worth?
The estimated value of the home located at 7 Ohlson Circle is $433,710.
What are some comparable homes to 7 Ohlson Circle?
There are currently no comparable homes to 7 Ohlson Circle.
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