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Norfolk
72 Emerson Rd
$1,120,000
● House - Off Market

72 Emerson Rd

Walpole, MA 02032
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,113,247
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Pristine - Custom built 4 bedroom colonial in beautiful Meadow Ridge subdivision. Granite and white kitchen with SS appliances, in lay hardwood, and spacious eating area. Separate entry area with 1/2 bath and laundry - exit to 2 car garage!  Vaulted Foyer with double guest closets and turned stairwell. Tasteful Dining room with hardwood flooring. Front to back fireplace Living room with separate space ideal for in-law . 4 bedrooms with ample closet space and full guest bath. Master has a spectacular new bath with stone shower and white soaking tub. Rear deck area opens to expansive yard areas . Expertly manicured grounds surround this one of a kind home, waiting for you.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$375
Property Type
House
Property Taxes
$914
HOA Dues
-
Year Built
1988

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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: 6 months ago (MLSPIN #73137535)

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold
Premium
Sold
Jul 31, 2023 In contract -
In contract
Jul 18, 2023 Listed by Conway - Walpole $1,125,000
Listed by Conway - Walpole
Jun 17, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 9

    Dimensions

  • Lot Size Square Feet: 20,240
  • Total Building Area: 2,700
  • Gross Building Area: 5,114
  • Building Area: 2,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,700
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000465
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411200

Geography

  • Account Number: D070736083
  • District: 307
  • Parcel: WALP M:00027 B:00105 L:00000
  • Block: 105
  • Municipality: WALPOLE
  • Latitude: 42.1504
  • Longitude: -71.2201

    Address

  • Full Address: 72 Emerson Rd
  • Address - House Number: 72
  • Address - Street Name: Emerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: East Walpole
  • Carrier Code: C001
  • 4-Digit Zip Code: 1349
  • Zip Code: 02032

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,176,700

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,035,034
  • High Value: 1,214,348
  • Low Value: 855,720

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $890,100
  • Assessed Land Value: $354,900
  • Assessed Improvements Value: $535,200

    Sales

  • Current Sale Contract Date: Sep 01, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57203
  • Previous Sale Recording Date: Jun 17, 1988
  • Previous Sale Amount: $115,000
  • 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

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2528 ft²

Average Home Age

60.6 years

Currently For Sale

1364 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: 6 months ago
Data Source: MLS PIN, MLS# 73137535

Frequently Asked Questions

When was property at 72 Emerson Road built and last sold?
The property at 72 Emerson Road was built in 1988 and last sold on Sep 1, 2023 for $1,120,000.
How much is this home worth?
The estimated value of the home located at 72 Emerson Road is $1,142,887.
What are some comparable homes to 72 Emerson Road?
There are currently no comparable homes to 72 Emerson Road.
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