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Norfolk 02081
737 Cedar Street
$520,000
● House - Off Market

737 Cedar Street

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,269 Ft²
$567,273
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

Enjoy all that Walpole has to offer and great value with this ranch style home in a beautiful neighborhood! The first floor includes two separate living spaces, kitchen/dining area, three bedrooms and one bathroom, with an abundance of natural light. The lower level offers over 700 square feet of space with plenty of storage and can be updated to immediately increase equity! Situated on a large lot with fenced in back yard and rear deck, this home offers ample outdoor space. Other features include central air conditioning, a one car garage, and natural gas heating. Brand new septic system, interior and exterior paint. This is a great opportunity to establish roots in a desirable area!
Unit Size
1,269 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$417
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1959

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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 #73023806)

Price History

Date / Event Date Event Price
Nov 3, 2022 Sold
Premium
Sold
Sep 29, 2022 In contract -
In contract
Sep 27, 2022 Price Decreased $529,000
↓ $10K (1.9%)
Price Decreased
Sep 27, 2022 Price Increased $539,000
↑ $10K (1.9%)
Price Increased
Aug 10, 2022 Listed by Senne $529,000
Listed by Senne

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 16,500
  • Total Building Area: 984
  • Gross Building Area: 2,448
  • Building Area: 984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 984
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000379
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411302

Geography

  • Account Number: E151506016
  • District: 307
  • Parcel: WALP M:00039 B:00021 L:00000
  • Block: 21
  • Municipality: WALPOLE
  • Latitude: 42.1341
  • Longitude: -71.2837

    Address

  • Full Address: 737 Cedar St
  • Address - House Number: 737
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: R005
  • 4-Digit Zip Code: 1524
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $618,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 555,407
  • High Value: 644,063
  • Low Value: 466,752

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $467,600
  • Assessed Land Value: $281,000
  • Assessed Improvements Value: $186,600

    Sales

  • Current Sale Contract Date: Nov 03, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1512626

    Financing

  • First Mortgage Financing Type: ADJ
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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 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# 73023806

Frequently Asked Questions

When was property at 737 Cedar Street built and last sold?
The property at 737 Cedar Street was built in 1959 and last sold on Nov 3, 2022 for $520,000.
How much is this home worth?
The estimated value of the home located at 737 Cedar Street is $535,546.
What are some comparable homes to 737 Cedar Street?
There are currently no comparable homes to 737 Cedar Street.
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