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Norfolk 02054
79 Farm Street
$360,000
● House - Off Market

79 Farm Street

Millis, MA 02054
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,345 Ft²
$492,968
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Well-kept home on a corner lot. You will want to spend a lot of time in the large enclosed front porch.  Updated kitchen with tile floors and large walk in pantry for plenty of storage. Light filled front to back living room complete with built ins, hardwood floors and woodstove. Two good sized bedrooms on the second floor and a large full bath with hot tub and separate walk in shower and pedestal sink. Their is an oversized stone detached garage.. This property is perfect for somebody who needs a large outbuilding approximately 14 feet wide and 86  feet long. This multipurpose building is in good condition, with electricity and furnace (not certain of condition). Large 3/4 acre well maintained yard. Seller to do title v, but sewer is in street.
Unit Size
1,345 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$268
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
-

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 #72688820)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jul 10, 2020 Listed by RE/MAX Executive Realty $359,900
Listed by RE/MAX Executive Realty
Jun 30, 2006 Sold
Premium
Sold
Aug 22, 2005 Listed by Graham Built $249,900
Listed by Graham Built
Feb 4, 2005 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 32,670
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000750
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:031 B:0000004
  • Block: 4
  • Municipality: MILLIS
  • Latitude: 42.1583
  • Longitude: -71.3738

    Address

  • Full Address: 79 Farm St
  • Address - House Number: 79
  • Address - Street Name: Farm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Millis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1423
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $644,200

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 473,736
  • High Value: 550,482
  • Low Value: 396,991

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,300
  • Assessed Land Value: $190,100
  • Assessed Improvements Value: $202,200

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85684
  • Previous Sale Recording Date: Feb 04, 2005
  • Previous Sale Amount: $316,000
  • 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:

$755,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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: 4 months ago
Data Source: MLS PIN, MLS# 72688820

Frequently Asked Questions

When was property at 79 Farm Street built and last sold?
The property at 79 Farm Street was built in and last sold on Aug 10, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 79 Farm Street is $376,107.
What are some comparable homes to 79 Farm Street?
There are currently no comparable homes to 79 Farm Street.
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