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Norfolk 02052
72 Colonial Rd
$402,000
● House - Off Market

72 Colonial Rd

Medfield, MA 02052
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,630 Ft²
$578,511
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

DEADLINE FOR OFFERS  TUESDAY JUNE 2ND  11 AM ....LOCATION, LOCATION,LOCATION !!! CONTRACTOR ALERT !!! HARDING STREET AREA SPLIT ENTRY HOUSE IN NEED OF MAJOR REPAIR , SOLD AS IS !!!
Unit Size
1,630 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$263
Property Type
House
Property Taxes
$669
HOA Dues
-
Year Built
1972

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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 #72663832)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Mar 4, 2021 Listed by LAER Realty Partners $859,000
Listed by LAER Realty Partners
Jul 2, 2020 Sold
Premium
Sold
May 29, 2020 Listed by LAER Realty Partners $429,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 1,768
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,003
  • Total Building Area: 2,646
  • Gross Building Area: 4,283
  • Building Area: 2,646
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,646
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406101

Zoning

  • Zoning: RT

Geography

  • Parcel: MEDF M:0064 B:0000 L:0070
  • Lot: 70
  • Municipality: MEDFIELD
  • Latitude: 42.2055
  • Longitude: -71.3191

    Address

  • Full Address: 72 Colonial Rd
  • Address - House Number: 72
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1108
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,303,100

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,088,759
  • High Value: 1,277,075
  • Low Value: 900,442

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $890,100
  • Assessed Land Value: $402,500
  • Assessed Improvements Value: $487,600

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50212
  • Previous Sale Recording Date: Jul 02, 2020
  • Previous Sale Contract Date: Jun 23, 2020
  • Previous Sale Amount: $402,000
  • 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

$431

Below Asking

0.01%

Average Days on Market

56

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72663832

Frequently Asked Questions

When was property at 72 Colonial Road built and last sold?
The property at 72 Colonial Road was built in 1972 and last sold on Apr 16, 2021 for $900,000.
How much is this home worth?
The estimated value of the home located at 72 Colonial Road is $886,030.
What are some comparable homes to 72 Colonial Road?
There are currently no comparable homes to 72 Colonial Road.
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