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Norfolk
7 Palmer Dr
$615,000
● House - Off Market

7 Palmer Dr

Canton, MA 02021
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,120 Ft²
$1,141,578
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

OPEN HOUSE SUN JUNE 1st 12:00pm-1:30pm. BROOK MEADOW AREA! Large Col with 4 beds and 4 baths (2 full, 2 half). Large open kitchen with center island. Newer energy efficient stainless appl with granite counters. Step down family room with fireplace that leads to 3 season sunroom. Master suite has private bath and HUGE dressing area and plenty of storage. Hardwood floors throughout and 3 newer baths. Security system, central air, irrigation, refinished pool (2011) with new motor, cover and timing system. Outside of home just painted (2014) and new fence. This is a must see!!!
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$297
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1971

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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 #71681140)

Price History

Date / Event Date Event Price
Aug 15, 2014 Sold
Premium
Sold
May 14, 2014 Listed by J. Lawn Realty Group $629,000
Listed by J. Lawn Realty Group
Aug 22, 2008 Sold
Premium
Sold
Jul 22, 2008 Sold
Premium
Sold
Apr 29, 2008 Listed by J. Lawn Realty Group $579,000
Listed by J. Lawn Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1974
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,120
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK ESTATES
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Canton School District
  • Census Tract: 415101

Zoning

  • Zoning: SRA

Geography

  • Account Number: 1007
  • Parcel: CANT M:5 P:36
  • Municipality: CANTON
  • Latitude: 42.1578
  • Longitude: -71.1687

    Address

  • Full Address: 7 Palmer Dr
  • Address - House Number: 7
  • Address - Street Name: Palmer
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Canton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1808
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $798,800

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 949,207
  • High Value: 1,110,152
  • Low Value: 788,262

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $801,200
  • Assessed Land Value: $355,800
  • Assessed Improvements Value: $445,400

    Sales

  • Current Sale Recording Date: Aug 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69394
  • Previous Sale Recording Date: Aug 22, 2008
  • Previous Sale Amount: $565,000
  • 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 months ago
Data Source: MLS PIN, MLS# 71681140

Frequently Asked Questions

When was property at 7 Palmer Drive built and last sold?
The property at 7 Palmer Drive was built in 1971 and last sold on Jan 1, 1970 for $615,000.
How much is this home worth?
The estimated value of the home located at 7 Palmer Drive is $644,083.
What are some comparable homes to 7 Palmer Drive?
There are currently no comparable homes to 7 Palmer Drive.
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