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Norfolk 02019
71 Silver Lake Road
$337,000
● House - Off Market

71 Silver Lake Road

Bellingham, MA 02019
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,432 Ft²
$742,607
RealtyHop Estimate
118.74%
Since Feb 1, 2004
National-US
Primary Model

About This Property

BEAUTIFUL CONTEMPORARY ON SILVER LAKE. THIS YOUNG HOME IS YOUR VACATION SPOT. 3 BEDROOMS 2 BATHS, SUNKEN LIVING ROOM HAS CATHEDRAL CEILING, FAN, SKYLIGHTS AND TRACK LIGHTING. 2 TIER DECK HAS HOT TUB AND VIEW OF THE LAKE, BOATS STAY
Unit Size
1,432 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$237
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1987

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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: 5 months ago (MLSPIN #30783927)

Price History

Date / Event Date Event Price
Jan 29, 2004 Sold
Premium
Sold
Oct 26, 2003 Listed by ERA Key Realty Services $339,500
Listed by ERA Key Realty Services
Oct 23, 2000 Sold
Premium
Sold
Aug 22, 2000 Listed by ERA Key Realty Services $239,900
Listed by ERA Key Realty Services

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 760
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,001
  • Total Building Area: 1,348
  • Gross Building Area: 2,622
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443104

Geography

  • Parcel: BELL M:0068 B:0018 L:0000
  • Block: 18
  • Municipality: BELLINGHAM
  • Latitude: 42.0618
  • Longitude: -71.4672

    Address

  • Full Address: 71 Silver Lake Rd
  • Address - House Number: 71
  • Address - Street Name: Silver Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C005
  • 4-Digit Zip Code: 1837
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,100

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 518,973
  • High Value: 602,088
  • Low Value: 435,858

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $428,500
  • Assessed Land Value: $144,200
  • Assessed Improvements Value: $284,300

    Sales

  • Current Sale Recording Date: Jan 29, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 23, 2000
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 71
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:

$758,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2500 ft²

Average Home Age

60.7 years

Currently For Sale

1426 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30783927

Frequently Asked Questions

When was property at 71 Silver Lake Road built and last sold?
The property at 71 Silver Lake Road was built in 1987 and last sold on Jan 1, 1970 for $337,000.
How much is this home worth?
The estimated value of the home located at 71 Silver Lake Road is $352,498.
What are some comparable homes to 71 Silver Lake Road?
There are currently no comparable homes to 71 Silver Lake Road.
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