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Norfolk 02081
75 Lincoln Rd
$670,000
● House - Off Market

75 Lincoln Rd

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,067 Ft²
$4,002
Est. Monthly

About This Property

Wonderful opportunity to own a home on a large private lot near the Medfield line and half a mile from Walpole Commuter Rail. Beautiful 4 bed/2 bath home on nearly 1 acre with partially fenced in portion and additional wooded land provides a peaceful escape. The driveway wraps behind the home to a large detached garage that is blank slate for a home workshop or more. A versatile floorplan perfect for families or work from home professionals includes an additional space not included in the bedroom count for an office. First floor laundry room/pantry for convenient access. Several recent upgrades include full home insulation, 200 amp electric, on demand water heater, and minisplit for cooling and heating. Hookups right below the kitchen ready for installation of gas range.
Unit Size
2,067 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$336
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1932

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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 #73190308)

Price History

Date / Event Date Event Price
Feb 20, 2024 Sold
Premium
Sold
Jan 18, 2024 In contract -
In contract
Jan 3, 2024 Listed by Stuart St James, Inc. $695,000
Listed by Stuart St James, Inc.
Dec 20, 2021 Sold
Premium
Sold
Nov 5, 2021 Listed by Stuart St James, Inc. $560,000
Listed by Stuart St James, Inc.
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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 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: 0

    Dimensions

  • Lot Size Square Feet: 41,510
  • Total Building Area: 2,067
  • Gross Building Area: 2,981
  • Building Area: 2,067
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,067
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000953
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: E101006001
  • District: 307
  • Parcel: WALP M:00031 B:00055 L:00000
  • Block: 55
  • Municipality: WALPOLE
  • Latitude: 42.1439
  • Longitude: -71.2774

    Address

  • Full Address: 75 Lincoln Rd
  • Address - House Number: 75
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Walpole
  • Carrier Code: R005
  • 4-Digit Zip Code: 1620
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $737,000

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 641,431
  • High Value: 741,042
  • Low Value: 541,820

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,500
  • Assessed Land Value: $294,500
  • Assessed Improvements Value: $263,000

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Feb 20, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9915
  • Previous Sale Recording Date: Dec 20, 2021
  • Previous Sale Contract Date: Dec 20, 2021
  • Previous Sale Amount: $560,000
  • 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

2622 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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# 73190308

Frequently Asked Questions

When was property at 75 Lincoln Road built and last sold?
The property at 75 Lincoln Road was built in 1932 and last sold on Feb 20, 2024 for $670,143.
How much is this home worth?
The estimated value of the home located at 75 Lincoln Road is $699,998.
What are some comparable homes to 75 Lincoln Road?
There are currently no comparable homes to 75 Lincoln Road.
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