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Norfolk
8 Applegate Road
$769,900
● House - Off Market

8 Applegate Road

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,250 Ft²
$1,172,245
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Live the NEW CONSTRUCTION DREAM at Applegate Farm in Medway! Elegant colonial with spacious rooms and quality finishes throughout. The hip roof lines and arched custom window give this home a stunning exterior charm. Two story open foyer with turned staircase. Dedicated first floor study. Large eat-in kitchen. Second floor has four bedrooms and dedicated laundry room. Master suite is accompanied by an en-suite bath and large walk-in closet. Walk-out Basement. Two car side entry garage. Lot is over an acre. An all-around gorgeous suburban home with breathtaking views nestled in a great lot at Applegate Farm! TOWN WATER,TOWN SEWER, & NATURAL GAS.
Unit Size
3,250 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$237
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #72269403)

Price History

Date / Event Date Event Price
May 30, 2018 Sold
Premium
Sold
Jan 10, 2018 Listed by ERA Key Realty Services-Bay State Group $769,900
Listed by ERA Key Realty Services-Bay State Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,572
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 3,400
  • Gross Building Area: 5,924
  • Building Area: 3,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001050
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: AR-I

Geography

  • Account Number: 6-136-11B
  • Parcel: MEDW M:32 B:006
  • Block: 6
  • Municipality: MEDWAY
  • Latitude: 42.1591
  • Longitude: -71.4037

    Address

  • Full Address: 8 Applegate Rd
  • Address - House Number: 8
  • Address - Street Name: Applegate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 1457
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,366,200

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,076,953
  • High Value: 1,259,925
  • Low Value: 893,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $857,100
  • Assessed Land Value: $313,900
  • Assessed Improvements Value: $543,200

    Sales

  • Current Sale Recording Date: May 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43138
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

2621 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72269403

Frequently Asked Questions

When was property at 8 Applegate Road built and last sold?
The property at 8 Applegate Road was built in 2016 and last sold on Jan 1, 1970 for $769,900.
How much is this home worth?
The estimated value of the home located at 8 Applegate Road is $813,748.
What are some comparable homes to 8 Applegate Road?
There are currently no comparable homes to 8 Applegate Road.
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