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Norfolk
7 Waterview Drive
$420,000
● House - Off Market

7 Waterview Drive

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,200 Ft²
$920,511
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

LOVELY COL.IN WON.FAMILY NEIGH.ORIGINAL OWNERS!MANY UPDATES. VINYL SIDING&REPLACE.WINDOWS&DRS.H/W LR&DR,W/OUT BAY&LG.KIT DIN/AREA&YG.SLIDER TO NEW BLUESTONE STEPS&LG.BRK.PATIO.FP/FR WIDE FLS.UNDER W/W.1/2 BATH ADD.CABS.3-Z HT,FIN.DEN IN BSMT!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$200
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1981

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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: 5 months ago (MLSPIN #30812743)

Price History

Date / Event Date Event Price
May 3, 2004 Sold
Premium
Sold
Feb 12, 2004 Listed by RE/MAX Executive Realty $439,500
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 954
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,521
  • Total Building Area: 1,920
  • Gross Building Area: 4,152
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • 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: 408102

Zoning

  • Zoning: ARII

Geography

  • Account Number: 2-103-26
  • Parcel: MEDW M:67 B:036
  • Block: 36
  • Municipality: MEDWAY
  • Latitude: 42.1373
  • Longitude: -71.4357

    Address

  • Full Address: 7 Waterview Dr
  • Address - House Number: 7
  • Address - Street Name: Waterview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: R001
  • 4-Digit Zip Code: 1662
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $893,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 694,822
  • High Value: 802,436
  • Low Value: 587,209

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,600
  • Assessed Land Value: $294,300
  • Assessed Improvements Value: $266,300

    Sales

  • Current Sale Recording Date: May 03, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11275
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:

$755,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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# 30812743

Frequently Asked Questions

When was property at 7 Waterview Drive built and last sold?
The property at 7 Waterview Drive was built in 1981 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 7 Waterview Drive is $469,822.
What are some comparable homes to 7 Waterview Drive?
There are currently no comparable homes to 7 Waterview Drive.
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