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Norfolk 02052
75 High St
$225,000
● Land - Off Market

75 High St

Medfield, MA 02052
bedrooms
Studio
bathrooms
0 Bath
$396,919
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

PRICE REDUCTION.  A rare opportunity for a vacant lot in highly desirable Medfield, with all it has to offer. Its top rated school system is recognized for its academics, music, sports, and arts. Enjoy the restaurants, art gallery, adult center, and cultural and social events throughout the year. Town approved septic system design in hand. Minutes to the Walpole train station.
Unit Size
-
Days on Market
-
Land Size
1.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$422
HOA Dues
-
Year Built
2020

Payment Calculator

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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 #72555365)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
Aug 20, 2020 Sold
Premium
Sold
Aug 27, 2019 Listed by William Raveis Delta REALTORS® $299,000
Listed by William Raveis Delta REALTORS®
Nov 30, 2016 Sold
Premium
Sold
Mar 11, 2016 Listed by William Raveis Delta REALTORS® $295,000
Listed by William Raveis Delta REALTORS®

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,386
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,811
  • Total Building Area: 3,269
  • Gross Building Area: 6,166
  • Building Area: 3,269
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,269
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001144
  • 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: 406102

Zoning

  • Zoning: RT

Geography

  • Parcel: MEDF M:0023 B:0000 L:0041
  • Lot: 41
  • Municipality: MEDFIELD
  • Latitude: 42.1646
  • Longitude: -71.2871

    Address

  • Full Address: 75 High St
  • Address - House Number: 75
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medfield
  • Carrier Code: R004
  • 4-Digit Zip Code: 3134
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,537,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,281,993
  • High Value: 1,487,308
  • Low Value: 1,076,678

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,050,400
  • Assessed Land Value: $327,500
  • Assessed Improvements Value: $722,900

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99967
  • Previous Sale Recording Date: Aug 20, 2020
  • Previous Sale Contract Date: Aug 09, 2020
  • Previous Sale Amount: $225,000
  • 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

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72555365

Frequently Asked Questions

When was property at 75 High Street built and last sold?
The property at 75 High Street was built in 2020 and last sold on Jul 30, 2021 for $700,000.
How much is this home worth?
The estimated value of the home located at 75 High Street is $301,990.
What are some comparable homes to 75 High Street?
There are currently no comparable homes to 75 High Street.
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