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Norfolk
8 Cedar Farm Rd
Photo of 8 Cedar Farm Rd
Sold on Aug 28, 2008

1

Map

$487,000
● House - Off Market

8 Cedar Farm Rd

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,736 Ft²
$959,199
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

This "Pretty as a Picture" Colonial is in one of Medway's most desirable areas on 1.25 A. Beautifully maintained it offers : new 30 yr. architectural shingle roof, new carpeting, granite counters and newer appliances,freshly painted,and new light fixtures. Other features are: 21x41 inground pool and screened porch for entertaining, all in a very private setting. A 3rd flr. walk-up attic,,and 24X16 fnsh. room over garage.Easy commute to 495 ! Seller will entertain offers between 499,900-524,900.
Unit Size
2,736 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$183
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1985

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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: 5 months ago (MLSPIN #70736580)

Price History

Date / Event Date Event Price
Nov 15, 2023 Sold
Premium
Sold
Aug 28, 2008 Sold
Premium
Sold
Apr 2, 2008 Listed $499,900
Listed

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,120
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,581
  • Total Building Area: 2,584
  • Gross Building Area: 4,908
  • Building Area: 2,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,584
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001253
  • 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: 408103

Zoning

  • Zoning: AR-I

Geography

  • Account Number: Jan 01, 1970
  • Parcel: MEDW M:36 B:015
  • Block: 15
  • Municipality: MEDWAY
  • Latitude: 42.1528
  • Longitude: -71.4602

    Address

  • Full Address: 8 Cedar Farm Rd
  • Address - House Number: 8
  • Address - Street Name: Cedar Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: R001
  • 4-Digit Zip Code: 6207
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,051,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 852,248
  • High Value: 1,002,658
  • Low Value: 701,839

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $659,900
  • Assessed Land Value: $314,900
  • Assessed Improvements Value: $345,000

    Sales

  • Current Sale Contract Date: Nov 15, 2023
  • Current Sale Recording Date: Nov 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75705
  • Previous Sale Recording Date: Aug 28, 2008
  • Previous Sale Amount: $487,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$754,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2524 ft²

Average Home Age

60.6 years

Currently For Sale

1457 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: 5 months ago
Data Source: MLS PIN, MLS# 70736580

Frequently Asked Questions

When was property at 8 Cedar Farm Road built and last sold?
The property at 8 Cedar Farm Road was built in 1985 and last sold on Nov 15, 2023 for $849,900.
How much is this home worth?
The estimated value of the home located at 8 Cedar Farm Road is $538,527.
What are some comparable homes to 8 Cedar Farm Road?
There are currently no comparable homes to 8 Cedar Farm Road.
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