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Norfolk
7 Ridge Road
Photo of 7 Ridge Road
Sold on May 23, 2008

1

Map

$749,513
● House - Off Market

7 Ridge Road

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,625 Ft²
$1,445,714
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

Live in a home that feels like an estate.  Enjoy an enormous 30X20 kitchen with custom cherry cabinets, Sub Zero, six burner professional stainless stove, granite, wet bar, sit down island, that is attached to a family and spectacular sun room.  Walk out to a stunning landscaped yard with wonderful Gunite pool. Gleaming hardwood floors throughout.  Front to back, 25x11 dining room. Finished basement. This home is built for entertaining.
Unit Size
3,625 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$214
Property Type
House
Property Taxes
$765
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #70704367)

Price History

Date / Event Date Event Price
May 27, 2008 Sold
Premium
Sold
Jan 29, 2008 Listed $775,000
Listed
Jun 28, 2006 Sold
Premium
Sold
Jan 31, 2006 Sold
Premium
Sold
Sep 14, 2005 Listed $819,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 40,579
  • Total Building Area: 3,804
  • Gross Building Area: 6,504
  • Building Area: 3,804
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,804
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000932
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409102

Geography

  • Account Number: 14
  • Parcel: NORF M:0013 B:0046 L:0096
  • Block: 46
  • Lot: 96
  • Municipality: NORFOLK
  • Latitude: 42.104
  • Longitude: -71.3312

    Address

  • Full Address: 7 Ridge Rd
  • Address - House Number: 7
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R005
  • 4-Digit Zip Code: 1747
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,670,000

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,263,332
  • High Value: 1,478,093
  • Low Value: 1,048,571

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,072,600
  • Assessed Land Value: $198,800
  • Assessed Improvements Value: $873,800

    Sales

  • Current Sale Recording Date: May 27, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 172855
  • Previous Sale Recording Date: Jun 28, 2006
  • Previous Sale Amount: $826,000
  • Previous Sale Document Type: 48
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

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2595 ft²

Average Home Age

59.5 years

Currently For Sale

1358 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: 4 months ago
Data Source: MLS PIN, MLS# 70704367

Frequently Asked Questions

When was property at 7 Ridge Road built and last sold?
The property at 7 Ridge Road was built in 1988 and last sold on Jan 1, 1970 for $749,512.
How much is this home worth?
The estimated value of the home located at 7 Ridge Road is $827,447.
What are some comparable homes to 7 Ridge Road?
There are currently no comparable homes to 7 Ridge Road.
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