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Norfolk 02019
8 Bernier Lane
$387,000
● House - Off Market

8 Bernier Lane

Bellingham, MA 02019
bedrooms
2 Beds
bathrooms
1 Bath
square feet
940 Ft²
$378,863
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

WATERFRONT!! Welcome home to 8 Bernier Lane- home sweet home! Sit in your family room and watch the gorgeous sunsets- Spacious 2 bed, 1 bath ranch with open floor plan. White kitchen with white tiled backsplash, granite counters, farmhouse sink and stainless appliances. Full bath with marble flooring and marble top vanity. Large master bedroom with walk-in closet and a second good-size guest bedroom. Both bedroom closets have built in closet organizers. Bamboo floors in living areas and guest bedroom.  Flat back yard with stone steps to water's edge. New  Furnace 2021. Exterior painted 2021.
Unit Size
940 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$404
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1960

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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 #73104400)

Price History

Date / Event Date Event Price
Jul 13, 2023 Sold
Premium
Sold
May 8, 2023 In contract -
In contract
Apr 27, 2023 Listed by RE/MAX Signature Properties $379,900
Listed by RE/MAX Signature Properties
Aug 10, 2015 Sold
Premium
Sold
May 12, 2015 Listed by RE/MAX Signature Properties $259,900
Listed by RE/MAX Signature Properties
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,301
  • Total Building Area: 840
  • Gross Building Area: 1,814
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 840
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE HIAWATHA BELLINGHAM
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443104

Geography

  • Parcel: BELL M:0070 B:0035 L:0000
  • Block: 35
  • Municipality: BELLINGHAM
  • Latitude: 42.0548
  • Longitude: -71.4931

    Address

  • Full Address: 8 Bernier Ln
  • Address - House Number: 8
  • Address - Street Name: Bernier
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Bellingham
  • Carrier Code: R001
  • 4-Digit Zip Code: 2834
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $511,600
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 452,163
  • High Value: 532,500
  • Low Value: 371,825

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $397,800
  • Assessed Land Value: $178,200
  • Assessed Improvements Value: $219,600

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44220
  • Previous Sale Recording Date: Aug 10, 2015
  • Previous Sale Amount: $280,000
  • 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

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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# 73104400

Frequently Asked Questions

When was property at 8 Bernier Lane built and last sold?
The property at 8 Bernier Lane was built in 1960 and last sold on Jul 12, 2023 for $387,000.
How much is this home worth?
The estimated value of the home located at 8 Bernier Lane is $380,754.
What are some comparable homes to 8 Bernier Lane?
There are currently no comparable homes to 8 Bernier Lane.
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